Investing for retirement can be problematic for professionals in partnerships or other types of closely held firms. Yes, that includes lawyers in law firms. These individuals tend to spend their early careers focused on building their business. By...

Logic dictates that valuation experts assume that cash is worth its face value in majority interest or control scenarios. And that assumption makes sense: In such instances, control of a company provides access to and control over the assets...

Solid university endowments can survive economic storms

High-income households may be as worried about their financial health as less affluent households, a survey of American savings habits suggests.

Milwaukee pitcher Scott Schoeneweis is trying to keep prying eyes out of records detailing his dead wife’s demise. Problem is, he’s asking the Arizona courts to seal otherwise public records. The unlikely moral of this story, so far...

Financial advisors with entrepreneurial clients—first-generation wealth creators—best take heed of Obama’s recently introduced plans to bring back the federal estate tax. Obama’s plan would actually raise taxes on farmers...

Senator Tim Johnson (R- S.D.), incoming Senate Banking Committee Chair, began floating an amendment last week that would eliminate from Senate regulatory reform legislation the application of a fiduciary standard to investment advice provided by...

Even the Internal Revenue Service has now informally agreed: death does not trigger gain.