Robert Craig Knievel, purportedly nicknamed by police after an arrest for stealing hubcaps off cars, was born on Oct. 17, 1938 in Butte, Mont., and died in Clearwater, Fla., on Nov. 20, 2007, at the age of 69. His will, recently made available to...
Multi-participant trusts1 have become immensely popular. These trusts replace the single, all-powerful trustee with a host of independent decisionmakers, all deriving their authority directly from the trust instrument. At first, we saw multi...
The model for a managing directed trustee (MDT) comes from organizations like family offices and private trust companies (PTCs) that evolved, in part, to support and coordinate a family's trustees and other financial services providers. Family...
If tested, most financial advisors worth their proverbial salt could pass a final exam for Beginning 529 Plans without much cramming beforehand. But clients saving for college have the unfortunate habit of posing problems that go beyond the...
Ever since brokers started swapping shares under that buttonwood tree in lower Manhattan, parallels have been drawn between Wall Street and the casino. Wall Street itself recognizes the similarities. Many proprietary trading firms, in fact...