High Net Worth

Morgan Stanley Private Wealth Management saw a spike in demand for its family office resources and 'lifestyle' advice during the pandemic, advisors say.

The so-called 1031 like-kind exchange rule was created a century ago to aid family farmers. It has evolved into a beloved tool of property moguls, Fortune 500 companies and real estate trusts that can use it to create a daisy-chain of tax avoidance.

A deep dive into the recently released tax court opinion on the King of Pop’s assets.

The opinion may serve as a helpful guide for valuing the right of publicity and copyrights for tax purposes.

An open letter to an indexed universal life policy owner.

The NFT is digital, the ownership stake is very real.

Women have been disproportionately affected.

The increasingly acrimonious split has led the CEO Mark Suzman to tell employees he’s in talks to strengthen “the long-term sustainability and stability of the foundation,” including possibly bringing in outside directors.

This year, many East End mainstays are ramping up their programming.

Icahn took some time to discuss his views on American malls, U.S. President Joe Biden’s performance so far, and the impact inflation might have on an economic rebound.