High Net Worth

The billionaire philanthropist has increased her donations to nonprofits based outside the U.S., in countries ranging from Brazil to Micronesia.

This proposed reform could have several collateral effects that may make the situation worse.

Sam Bankman-Fried drives a Corolla, sleeps on a beanbag, and has a Robin Hood-like philosophy.

The Tesla CEO’s 9.2% position in the social-media company is already up more than $1 billion, though it’s just a fraction of his overall wealth.

A prime example of a sophisticated strategy where advisors, attorneys and life-insurance professionals can work together to add value. Just don’t discount how things could play out in real time.

Will required annual reporting on trust assets actually come to pass?

Grantor trusts and generation-skipping transfers are just a few of the items under the administration’s microscope.

Or, more appropriately, the $100 millionaire tax.

The president’s proposal is not only plagued by practical problems, but also undermines one of the core goals of a progressive tax system.