Might some of your single clients unknowingly need life insurance? “One typical reason young people (in their 20s and 30s) buy life insurance is to protect their insurability,” says Ronald Klein, assistant vice president at Sun Life...

For single-family offices, a recent Securities and Exchange Commission ruling marked the beginning of an identity crisis writ large–one that will reshape the family office business and may ultimately benefit wealth and asset managers.

The Social Security Administration sends a statement every year to workers that projects their future benefits. Financial planners look at those statements when they project future retirement income—but most are advising clients not to believe...

A variety of options are available to help families handle the complex planning issues they face

There was an old woman who lived in a shoe Had she planned on giving that shoe (her personal residence) to a charitable remainder unitrust (CRUT) or charitable remainder annuity trust (CRAT) and didn't vacate before funding the trust no income tax...

Financial advisors like to peddle performance, and Talon Asset Management in Chicago is no exception. Senior Principal Terry Diamond says the practice, with about $1.1 billion in assets under management, has seen only three losing years over the...

When planning for charitable gifts, especially those accomplished using strategies that result in the gifts unfolding over an extended time, donors and those advising them need to consider the possibility that the rules on how those gifts are...

Many charitably inclined clients abstained from making significant outright donations to charity or creating or funding charitable remainder trusts (CRTs) during the recent economic and tax law uncertainty. They still may be reluctant to donate...