Trusts

Instead of the client’s grown children getting a preset amount at, say, age 25, the decision is strictly at the trustee's discretion.

Digital assets are an increasingly important, yet overlooked, part of a client’s profile.

While proceeds from life insurance are not subject to income tax, there are other taxes that will apply. But there are steps to take to avoid those liabilities too.

Most people, particularly younger clients, worry that they will not be able to get their Social Security benefits by the time they retire.

Caretakers for those with developmental challenges can feel lost when it comes to their financial options.

Much of the latest guidance about setting up trusts is overly simplistic and can do a disservice to clients.

As head of the Fiduciary Trust’s New York division, Paulina Mejia in charge of growing the firm’s private wealth business in the region.

Top wealth planners say they’re seeing increased interest in dynasty trusts as clients look to capitalize on the new tax law.

Addressing the subject of mortality can be tough — but advisors can help make the conversation less painful.

Only 17 states permit these trusts, which can play an important role in planning for income taxes and estate taxes.

Pet owners are seeking guidance on funding alternatives, drafting detailed pet-care instructions and leaving significant sums of money that can run into the millions of dollars.

People affected by autism are underserved by the wealth management industry. Here’s how one advisor set out to change that.

The law has numerous income tax consequences for individuals and businesses.

The drastic changes are shaking up the status quo of estate planning. Here’s how financial planners need to change their approach.

Become a go-to source for philanthropic clients, and your practice could grow.

Planners should help clients navigate complex transactions to ensure risk is mitigated as much as possible.

Five ways to build a successful charitable planning practice.

The federal exemption does not cancel out key planning matters affecting everyone at death.

Details matter, explains an expert, like where their boat is docked.

Here’s what advisers should know about this increasingly available option, so they can help clients make the most educated choice.