Tips for advisors to better facilitate family conversations that engage family members across all generations of wealth.
Single moms, divorced women and the elderly face especially severe financial disadvantages, authors of a new book say.
Full or partial funding of bypass trusts with spousal retirement assets may make sense today.
Advisors need to protect client assets from the cost of dependency or addiction.
Before legally clients yoke themselves to another person, it's perfectly reasonable to pause and make sure it makes sense.
About 3.4 million deaths were registered in the U.S. last year, almost 529,000 more than in 2019.
But the failure of Democrats' signature legislation leaves uncertainty in its wake.
Advisors should be wary, as Congress can always change tax rules mid-season.
If the Build Back Better bill is resurrected next year, taxes may go up on certain types of trusts.
Here are a few things to keep in mind as you get started talking with your clients about family governance.
How advisors can be more intentional when suggesting families initiate conversations around money.
The pandemic is forcing many of the world's rich to reconsider their succession arrangements, a new survey says.
High-net-worth clients should be considering trusts now, said Boston Private's Jason Cain.
Make sure they limit how much their heirs owe in taxes when the IRA comes into their possession.
It's time to revisit a common and popular estate planning tool.
Some clients may benefit from using their entire lifetime tax exemption this year, the consultant said.
Revenue from the U.S. estate tax has been cut in half in two years.
A Build Back Better Act provision could derail the use of trusts to pass wealth. Here's a potential solution.
Sourdough starters, home remodeling … and estate planning.
President Biden's scaled down economic package retains tools favored by many financial advisors.