Trusts

"Keep records and watch the statute of limitations. The usual IRS statute of limitations is three years after you file your tax return," an expert writes.

When his dad passed away, my client would have to probate 60 different stocks and a New York property, plus handle charitable contributions. At the same time, 13 grandchildren would breathe down his neck for their inherited shares.

Without the marital deduction, a certain category of married clients will have challenges inheriting property outright.

CEO James Poer seeks a different approach from rivals under the IBD’s new ownership.

While an asset protection trust can cover nursing home care expenses in retirement, growth of these investments can trigger a tax bill.

In some ways, their investments are a microcosm of trends sweeping the wider market.

Like many trusts, the fund was designed to expire in 25 years, however tying it to the lives of a group of children born in the early 90s extended its own life.

Most retirement tips should be taken with a grain of salt, as not all advice can help boost prospects.

Contribution limits in a Roth IRA could shrink for couples after marriage.

Clients “want to participate, they want to co-create,” In|Vest conference attendees are told.