Trusts

The firm is still struggling to make sure investors can get their money out of its $69 billion crown jewel investment fund.

Allowing for "give" to cover future imponderables protects donors and beneficiaries alike, writes a trusts and estates attorney.

Independent financial advisors and wealth management firms are finding methods of collaborating more closely with professionals from other fields.

The billionaire investor claims Jenica Paulson knew all along about trusts she alleges he used to conceal assets.

Some favorite techniques used by the wealthy in recent years aren't looking so good amid higher interest rates.

A billionaire from post-Soviet Georgia and the giant Swiss bank are duking it out in Singapore over the failure of a trust company owned the financial institution to catch shady transactions.

The SECURE Act is unclear about whether some inherited retirement accounts have to be emptied out in 10 years or five.

Think you’ve locked in your high exemption from gift and estate taxes? The agency suggests a rethink.

Biden’s 2023 budget could be DOA, but advisors still have to shepherd clients tired of yet another round of talk about tax increases.

Harold Hamm, the founder of Continental Resources, will pass a stake of his company worth $2.3 billion to each of his five children.

Rich investors with sizable business losses are caught in pandemic tax hell amid IRS delays.

Gift tax returns and the wealth transfer strategies they reflect don’t face the same IRS logjams as individual returns.

Spousal lifetime access trusts are surging in popularity, but they aren’t as simple as some advisors or clients may think.

Build Back Better legislation contains provisions that, collectively, would cause seismic changes in the estate planning world.

Good luck getting in to see an estate planner if you don’t already have one. Cross your fingers if you do.

Policies held in grantor trusts would be subject to estate tax under Democrats’ plan, the latest blow to wealth management for the affluent.

The use of a SLAT to eliminate the risk of changes in the estate and gift tax system can help separate legacy assets from lifetime assets.

The agency will consider whether to require affluent taxpayers to pay tax on transfers to trusts made under higher exemptions that expire come 2026.

Trusts aren’t just for the .01%, as some advisors sell mass affluent and high-net-worth clients on their tax benefits.

(Bloomberg) — An unpleasant surprise for wealthy Americans lurks halfway through a 114-page document released by the U.S. Treasury late last month.