The advisor, who worked at U.S. Bank, claimed that he was fired in retaliation for complaining about a co-worker who he felt made unsuitable investments for the advisor's 94-year-old client.
An estate planning tool that is particularly valuable when rates are low is coming under political pressure.
The ranks of the ultrawealthy are graying, and many are trying to figure out what their legacy will be.
Financial advice sometimes includes relationship guidance. Here are a few strategies I use when talking to clients about prenuptial agreements.
In the first few days after the 7.9-magnitude earthquake, Fidelity Charitable grants sent $2M to aid victims; Schwab Charitable grants added another $568,000.
Adopting the skills of an anthropologist can empower advisors to help wealthy clients mend troubled family relations before it's too late.
Changes in both demographics and tax laws require a massive rethinking of estate planning strategies. Here are a few of the minefields that planners should avoid.
The U.S. House voted to repeal the 99-year-old U.S. estate tax amid a partisan clash over whether the government should break up concentrated wealth or make it easier to pass along assets to the next generation.
While these documents may seem routine, advisors should check whether clients need to revise existing provisions. Here's what to look for.
The 99-year-old U.S. estate tax would disappear under a bill approved Wednesday by the House Ways and Means Committee.
With estate-tax exemptions higher than they used to be, other issues (like income tax) may now be more important for some clients. Here are several planning issues that deserve a rethink.
Trusts, a standard tool in the anti-estate tax arsenal, can range from simple to extremely complex. Here are a few options to work with.
Gearing up for tax season? Here are two things to consider when planning for your wealthy clients.
Why is inheritance planning so difficult? Fear of exclusion along with existing family dynamics can complicate the process -- and strain relationships.
The firm will offer advisors expanded trust services and support with multi-generational family planning.
With a wider gap in tax rates, moving reported income among family members could have a big payoff. Advisors should consider a few if these strategies.
Jim Casey of Integrated Wealth Management offers attendees of Schwab Impact guidance on navigating the complex and ever-changing landscape of financial planning for same-sex couples.
Tax law changes mean advisors need to consider all the potential outcomes when advising clients on donating required minimum distributions to charity.
How a planner can help keep unequal inheritances from tearing a family apart.
The ignorance factor with 401(k)s; Alternatives to conventional housing in retirement; How bartering can make your retirement better
Longevity is the X-factor in retirement planning; How working in retirement impacts Social Security; Live a little, your kids will make their own money
What you need to know about IRAs and trusts; The easy solution to our retirement savings crisis; Prepare to retire with a gift annuity