Trusts

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.

With accounts now often reaching seven figures, estate planning expert Natalie Choate delved into the complexity of the increasingly important tool.

The tax law overhaul has created planning opportunities.

Advisors are ensuring that multibillion dollar estates go exactly where HNW clients want them to go.

Picking up on a client's unspoken wishes led an advisor to an unexpected asset allocation — one that benefited the client's daughter.

Morgan Stanley was dragged into the family spat as father and children fought a tug-of-war over two accounts held at the firm.

The law now creates a different method of caring for relatives while preserving the family’s financial plan, a John Hancock associate counsel writes.

Financial planners don’t have to be attorneys to help clients avoid high cost oversights

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.