Wealth Planning

President Obama’s proposals for estate planning in 2013 and beyond

New provisions in the California Probate Code underscore the need for attorneys to take special care when drafting these gifting documents

Wealth managers need to make key changes in the way they do business to stay competitive, two major studies of the industry have concluded. For example, wealth managers need to leverage “cross-enterprise capabilities” that may reside...

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Wealth managers with the right resume—and personality—should find a seller’s market when it comes to filling chief executive and investment officer positions, say search firm executives specializing in the field. But there’...

Wealth management firms are stepping up their efforts to woo young heirs to family fortunes...

Consider other issues when the decedent dies during the term of a qualified personal residence trust and a grantor retained annuity trust

Whenever a client comes to us after the death of a loved one, particularly in the case of a surviving spouse, he's typically quite overwhelmed. Generally, we find that our clients fall into two categories those who don't know where to begin with...

The challenges of dealing with the choice of tax regimes for 2010 decedents can approach you from many fronts. The tax consequences of the different regimes, the interpretation of formula clauses and the changes in funding due to the imposition of...