These types of structures are also useful for transferring assets within a family.
As more older Americans find love and live together, their personal finances can get messy.
A recent UBS study found that half of married women leave the financial decisions to their spouse.
It pays to plan ahead for both low- and high-interest-rate environments in these volatile times.
Attempts by the IRS to clarify RMD issues in the wake of the SECURE Act create more confusion.
With the right tech, you can offer advanced planning in-house without investing more time and energy.
Studies say young adults are prone to firing their parents' advisors. But this advisor says it doesn't have to be that way.
Hamm used an LLC and more than a dozen different trusts to complete the transfers.
The 65-Day Rule allows trusts and estates to pass on tax burdens to beneficiaries.
Almost half of all U.S. wealth transferred over the next quarter century will come from the top 1.5% of households.
More than 1,245 Merrill Lynch advisors have earned financial gerontology certificates.
Full or partial funding of bypass trusts with retirement assets may make sense today.
Domestic asset protection trusts can protect wealthy clients with vulnerable assets.
It's not one kind of thinking that's going to serve our clients.
Some people want to avoid risks in estate planning, and yet end up making harmful snap decisions.
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.