by
Scott B. Kaplowitch
The new Medicare tax passed as part of Obamacare could pose a significant tax burden to affluent individuals already straining under other tax increases enacted last year.
by Glenn R. Kazlow, Christopher P. Massaro and Michael R. Yellin
The time has come for all states to adopt pre-death probate laws that provide an alternative to traditional “after-death” probate.
by
Hannah Shaw Grove
Four issues have broad implications for the relationships between wealthy investors, their advisors and private investment issuers, says Hannah Shaw Grove, executive editor of Private Wealth magazine.
by Lewis O. Hall and Christopher D. Hagen
Many entrepreneurs fail to put a plan in place to exit their businesses.
by
Philip Boroff/Bloomberg News
Heiress Huguette Clark chose to spend her last 20 years living in a hospital, while leaving a collection of lavish mansions and Fifth Avenue apartments sitting empty.
by
Matthew Wesley, Stephen Campbell
Annual family gatherings or family retreats have become a recognized best practice for advisors serving successful families.
by Bobbi J. Bierhals
President Barack Obama’s budget proposal seeks to impose a limit on the prolonged tax deferrals and tax-free growth that high-income clients can achieve on their qualified retirement accounts.
by
Mike Byrnes
A huge wave of wealth transfers is expected in the coming years and financial advisors who prepare for it will be most successful.
by
Jonathan M. Forster, Jennifer M. Smith
The Obama budget's elimination of exemption reunification, combined with a smaller gift tax exemption, would make lifetime gift planning far more complicated for wealthy families.
by
Sara Jane Shanahan
The $50 million judgment that mystery author Patricia Cornwell won against her former wealth managers in federal court should serve as a wake-up call to clients and managers alike.
by
Neil T. Kawashima
The American Taxpayer Relief Act of 2012, signed into law on January 2 by President Obama, contains two significant provisions that may impact charitable planning.
by Tim Freundlich
DAF providers that offer impact investing enable clients to both maximize their giving dollars and make the greatest positive impact possible.
by Nadene Salzman
The appeal of the family office has grown significantly from earlier days, when the Rockefellers epitomized the concept one office serving one familiy.
by Elizabeth Kraus
When it comes to investing in start-ups, working for equity can add value for both entrepreneurs and investors. Four experts discuss the ins and outs of this process.
by
Ryan Caldbeck
Advisors have an opportunity to take a leadership role in the growing field of crowd-sourced private equity funding.
by Laura K. Barooshian & Stephen Colella
Time is running out on a potential once-in-a-lifetime gifting opportunity. Here are some opportunities for advisors to consider.
by Mike Byrnes
The Institute for Preparing Heirs conference highlighted why advisors need to help multigenerational families communicate better so future wealth transfers are much more successful.
by Dennis Delaney
Wealthy families should consider using trusts to take advantage of historically low tax exemptions before their possible expiration at the end of the year.
by Jay E. Rivlin and Toni Ann Kruse
Many clients are eager to take advantage of the $5.12 million gift exemption before it expires but are hesitant to part with such a significant portion of
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