The Tax Foundation, founded in 1937, is a non-partisan think tank. Its mission, though, is obviously anti-Washington because its agenda is to educate Americans about our Byzantine tax system and advocates a simpler, fairer tax code. Today, the...

Now’s the time to preserve wealth and weigh the options

Parents the world over worry about their children, particularly their ability to have success in their careers. Wealthy parents who plan to pass on their business or financial holdings to their sons and daughters face unique concerns and...

These days, problems of governance could hardly seem more acute and alive in a public consciousness driven by the information revolution. There's a heightened need to pay attention to the realities of shifting modes of governance and...

Diversify, diversify, diversify. That's the mantra for trust investing under the Uniform Prudent Investor Act (UPIA), which has been adopted in some way, shape or form in virtually every state. It makes sense. Having all of your eggs in one...

Valuing rare documents and books for deduction, insurance, estate planning or equitable distribution

When Superman was trapped in Bizarro World, he found everything was the opposite of its earthly counterpart. Or, as Jerry Seinfeld observed, for an inhabitant of Bizarro World, Up is down, down is up, he says when he leaves, when he arrives.1...

The preliminary results of a study commissioned by the Family Firm Institute, soon to be published in Family Business Review, provide a new framework for analyzing the longevity of a family business and its ability to create transgenerational...