Ten-figure fortunes come mainly from inheritance, not from hard work. But if heirs don’t know how to make money, are they good stewards of family riches?
They could expand the number of accounts that qualify as DAFs and the pool of persons subject to applicable excise taxes.
Draft estate planning documents with flexibility to account for a future diagnosis.
Federal court finds foreign tax credit can offset net investment income tax.
Money is personal. Wealth management should be as well.
