Wealth Planning

The year 2009 was less than two weeks old when Congressman Earl Pomeroy (D-N.D.) introduced a bill1 with the express purpose of legislatively prohibiting discounts for transfers of interests in family-owned holding companies when the underlying...

The year 2009 was very rough on retirement accounts. Not only did they take a hit from the economic downturn, but also many suffered because of swindlers like Bernard Madoff. And some were drained by the very rules, bureaucracies and agencies set...

The world’s largest private foundation bets big on venture philanthropy

Principal-Protected Notes are anything but protected FINRA says, and the SRO wants to make sure brokerages are making that clear to investors.

You gotta love Lloyd Blankfein, it’s true. The Financial Times on Thursday named him its Person of the Year because: “He has led for three years, not only navigated the 2008 global crisis better than others on Wall Street but is set to...

Illinois’ high court allows a tort claim where a probate contest is time-barred. The case involves a pastor’s cozy relationship with his elderly parishioner. She wound up giving him lifetime gifts, then a bequest—all of which...