Our team has put together a collection of helpful and informative articles regarding wealth management.
If you're interested in learning more about wealth management, these articles may have just what you're looking for.
Every taxpayer has two shields from the federal gift tax: a $14,000 annual exclusion and a $5.43 million lifetime exemption.
A donor-advised fund provides a mechanism for you to dedicate significant resources to charity...
Despite the fact that the U.S. savings rate is generally thought to be too low, the problem of excess IRA contributions is rather large.
Thoughtful planning may create a lasting legacy.
Although government spending in general seems to be on an inevitable upward track, the funding for the IRS has been reduced in recent years.
A charitable remainder trust is a tool for dividing your wealth between private and philanthropic beneficiaries.
Wife is the beneficiary of a substantial Qualified Terminable Interest Property Trust (or QTIP trust for short). Her six children were remainder beneficiaries, and she received all of the trust income...
More and more affluent families are turning to trust-based solutions for their wealth management and inheritance problems. However, a trust is only as good as its trustee.
The fiduciary standard is the highest standard of care recognized by the law. A salesman is under no obligation to determine that his product is appropriate for a buyer, or that the buyer can afford it, or that the purchase is in the best interests of the buyer. A fiduciary does have those obligations and more.
A new report from the GAO estimates that 43 million taxpayers have IRAs, worth an estimated $5.2 trillion. Some 42.3 million of these IRAs are worth less than $1 million, and 800,000 are worth more. 314 taxpayers have IRAs worth $25 million or more. That is some serious capital, which can raise serious questions. Here are four that crossed our desk recently.
Facts of life: Most retirees will be single for some period of time, and most of those singles will be women.
If you are a beneficiary of an estate that includes an IRA, we have two words for you: It’s complicated.
Parents and grandparents of a child with a lifelong disability, such as autism, have a special estate planning challenge. On the one hand, they want to provide the financial support that the child never may be able to provide for himself or herself. On the other hand, they want to protect the child’s eligibility for the full range of government support programs, including health care.
To make it possible for voluntary retirement savings to keep up with inflation, the various numerical limits embedded within qualified retirement plans are indexed for inflation. In October the IRS announced the numbers that will apply in 2015.