How Wealth Planners and Advisors address the needs of clients who have assets over $1MM.
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How much do estate and gift taxes contribute to funding the federal government? A March 19, 2008, Congressional Research Service report said that combined revenues from estate and gift taxes were $26 billion in 2007, constituting 1 percent of...
Barry A. Nelson, a Florida bar board certified tax attorney in the North Miami Beach, Fla., writes: Recently, I was approached by the personal representative for an estate of a wealthy decedent that owned a significant municipal bond portfolio...
The belief that estates can realize significant estate tax savings from custom bond valuations is based largely on the inefficiencies of the fixed income markets and the use of standard bond valuations. There's some validity in that belief, but...
CHICAGO, March 12 /PRNewswire/ -- America's millionaires are feeling the pinch. The number of U.S. households with a net worth of $1 million or more, not including primary residence (NIPR), grew just 2% in 2007 to 9.2 million, up from 9 million...
Buy-sell agreements often play a crucial role in the succession of family businesses. It's therefore essential to structure and fund them properly and to understand how they can help fix estate tax values. The stakes are high for the business...
Want to know what clients really want? It's more financial education for themselves and all their family members. This past June, wealth owners from four countries gathered at the University of Chicago Graduate School of Business, paying close...
Since 1993, I have been running, like Forrest Gump, down every road I could find to try to discover an antidote to the tragedy inherent in the American version of the Chinese proverb, from shirtsleeves to shirtsleeves in three generations, which...
When a group of Smith family members1 meets twice a year as a board to discuss investments and grantees for their family foundation, much of the procedure appears routine. The members talk about stocks in which some of their foundation's money...
The family office market has become crowded and muddled. Once the domain of easily understood private offices, each dedicated to the needs of a single, very wealthy family, the family office market now includes financial firms of all sizes. The...
Trusts & Estates is pleased to announce the formation of a new editorial advisory board committee on valuations. We are honored to have these experts to serve: Radd L. Riebe (chair) Riebe is a managing director in the Valuation & Financial...