Wealth Planning

Many long-term care (LTC) insurance carriers are facing an avalanche of lawsuits from disgruntled policyholders,1 some involving policies more than two decades old. Given the number of policies sold, increased life expectancies, and the inevitable...

We practice law because it is interesting, challenging, we are good at it, and we are professionals. We also practice law because it is our business. As in any business, we expect that fees charged should equal fees collected and feel a certain...

For recently unemployed clients short on cash, try using 72(t) to withdraw penalty free from the client’s IRA. Here’s how to do it.

Looks like financial advisors catering to the affluent will have a new disaster to talk about: Obama’s tax hikes and closing of personal exemptions and itemized deductions. Oh, that and the nearly $4 trillion fiscal year in government...

Clients are fleeing the once-high flyers and flocking to banks with reputations for being steady, if not downright staid

It’s safe to say that yesterday's market surge after Fed Chairman Ben Bernanke's reassuring and uplifting prediction of an end to the recession by year-end and a recovery in 2010 is not the start of a bull market. Hardly, in fact.

It sounds redundant: Put a tax-deferred investment, like a variable annuity, inside an already tax-deferred IRA or retirement account? But the wisdom of such a move is actually subject to much debate. In fact, fifty five percent of all variable...

The curious case of Judith Patterson and the former Exxon president, whom she claims was her father, highlights the perennial problem of how to disinherit potential children born to unwed parents

Legislators in Washington have revived an old debate about the regulation of the insurance industry: Should a single federal authority replace the disjointed state-by-state system that is in place now?