See the latest roadmap on wealth planning strategies for charitable donations, insurance, charity and more.
For more wealth planning news subscribe to the free Estate Planner e-newsletter, delivered weekly. Join today.
Professional athletes have challenging wealth management needs. They make millions but they have short careers. For the FA, a 24-year-old fullback should have the financial profile of a 50-something baby boomer—that is, a person on the verge...
“Are you going to IMPACT this year?” I heard it over and over again from executives, advisors marketers, recruiters, attorneys, compliance experts, technology people and other reporters for weeks leading up to the event. Schwab IMPACT 2009—this...
It looks like fractional interest gifts of art will be a viable strategy for the wealthy once again. On Aug. 6, 2009, Senator Charles Schumer (D. New York) introduced Senate Bill 1605 to restore many, but not all, of the tax benefits of fractional...
Advisors recommending Roth IRA conversions had better be prepared to answer these questions from clients: For years, you've told me that I should postpone income taxes on my retirement plan as long as possible. Now, you tell me I should do a Roth...
Experienced estate-planning practitioners know that the promise of the stretch IRA to prolong the account's tax-deferred or tax-free status thereby allowing its assets to grow often is thwarted if a trust isn't used to guard against beneficiaries...