How Wealth Planners and Advisors address the needs of clients who have assets over $1MM.
For continuing coverage on High-Net-Worth individuals join our free weekly e-newsletter. Join today.
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...
The battle began in earnest more than 40 years ago: How do we determine discounts for lack of marketability (DLOM)? In the 1970s, valuation experts applied a benchmark method. The following decade, experts touted a pre-IPO method. By the latter...
Tax cases offering guidance on the valuation of restricted securities are few and far between. The U.S. Court of Appeals for the Ninth Circuit in its 1998 McClatchy decision1 treated the shares of an affiliate decedent as restricted shares...
