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.
Pre-mortem probate surely that's an oxymoron? A will becomes effective only upon the death of its maker. To probate a person's last will and testament, meaning to prove the will's validity, months or even years before the person dies seems...
The family office market has become crowded and muddled. Once the domain of easily understood private offices, each dedicated to the needs of a single, very wealthy family, the family office market now includes financial firms of all sizes. The...
On April 17, 2007, the nation lost a grande dame of the arts and culture: Kitty Carlisle Hart, chair of the New York State Council on the Arts from 1976 to 1996, a woman who had an extraordinarily long and varied career in show business. Born with...
While estate tax reform doesn't seem as pressing these days as the Iraq war or immigration, it is an important enough issue that members of the U.S. Senate, from both parties, are discussing possible solutions to the one-year window when the tax...
Thomas Jefferson did it in the 1790s. Ernest Hemingway did it and wrote about it in the 1920s. Today, as well, many Americans move to France to live. Wealthy Americans often purchase homes there, which they visit parfois (occasionally). Some...
does not truly mean Today, trustees and beneficiaries of an irrevocable trust no longer need to blindly accept the trust's terms but instead should consider whether the trust needs remodeling and, if so, whether a decanting statute may be the best...
David T. Leibell and Daniel L. Daniels, partners in the Stamford, Conn., office of Cummings & Lockwood LLC, report that planners have been buzzing for months about patents of tax strategies. First, the John Rowe case settled in March, 2007. Then...
In the retail brokerage and financial advisory businesses, the customer, as they say, is king. After all, the vast majority of new business is driven by referrals, and referrals come from happy clients. So it might interest you to know how the...
Until recently, astute high-net-worth parents wishing to fund their children's future education expenses could save a bundle in taxes by transferring money or investments to accounts established under the Uniform Transfer to Minors Act or Uniform...
