The Assets: Tax planning
February 26, 2020
Secure Act Foils Estate Plans of Many Mass Affluent
The 2019 law aimed at retirement savings shakes up estate planning for Americans who hold a significant amount of assets in deferred tax retirement plans earmarked for their heirs.
February 12, 2020
Trump’s Proposed Budget Would Extend 2017 Tax Cuts
The 2018 estate and gift tax exemptions are among several tax breaks the budget proposal would extend past 2025, but House Democrats are almost certain to kill the initiative.
February 10, 2020
Gray Divorce Is Adding Complexity to Estate Planning
Divorce for those over the age of 50 is cited by 40% of planners as the main cause of family conflict.
January 3, 2020
Red Flag Worries Opportunity Zone Investments
A critical economic indicator raises concerns for financial advisors who have put their clients into so-called opportunity zone funds.
Last Comment: January 7, 2020
December 26, 2019
Treasury Fails to Add Public Reporting Requirement to 'Roth for the Rich'
Yet FAs expressed relief that the final regulations for Opportunity Zone investments have finally been released.
December 18, 2019
Top Advisors Weigh In: The Most Useful Technology I Know
Top advisors tell us their favorite piece of technology.
December 2, 2019
Merrill Lynch Counterpunching Against Misleading Marketing Lawsuit
The continuing case involves marketing material on a website cited by an investor and an online agreement form cited by the wirehouse.
November 27, 2019
U.S. Presidential Hopeful Pete Buttigieg Proposes Boosting 401(k) Savings and Social Security Payments
The mayor of South Bend, Ind., has proposed expanding Social Security benefits for caregivers and the establishment of a “public option” 401(k) program.
Last Comment: November 27, 2019
November 20, 2019
Wells Fargo Finds Political Climate a Hot Topic for Wealthy Clients
Especially when it comes to their charitable giving.
November 13, 2019
Specter of a Warren Presidency Spurs Ultra-Rich to Protect Assets Now
Wealth managers say clients are looking to shield their wealth in case Elizabeth Warren’s wealth redistribution plans materialize.
Last Comment: November 14, 2019