Thinking he was covering all his bases, Tom Carvel of Carvel Ice Cream appointed no fewer than seven executors to manage his estate upon his death. Unfortunately, having so many hands in the pot turned out to be a recipe for disaster.
Key issues financial planners need to consider as COVID-19 permanently impacts clients nearing retirement.
Private Client Resources and Lobus are teaming up to provide better aggregation on illiquid assets.
Accountings provide valuable transparency as to a fiduciary's management of key assets.
But it will take a bilateral approach to finally ameliorate this critical societal need and philanthropic challenge.
Risk tolerance is a key differentiator determining who is willing to buy in the sector.
