Richard Joyner, president of Tolleson Wealth Management, describes what his firm does for clients who have an average family net worth of tens of millions of dollars.
Not every professional athlete is an instant millionaire.
A panel of tax experts discuss what clients should do if they want to use their large estate and gift tax exemptions now.
Some retirement experts expressed surprise that the DOL's proposed exemption for fiduciaries included any expanded investor protections, but they also cautioned the changes lacked teeth.
Prudent estate planning or a source of liability?
This could be a life and death issue for elderly clients.
Planning opportunities may exist.