The Assets: Estate planning
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 30, 2020
Wells Fargo FAs' Delayed Response Cost Heirs $100K, Lawsuit Says
The wirehouse has not yet addressed the allegations that its advisors failed to execute a liquidation request before its assets depreciated.
January 21, 2020
Congress May Nix Some Retirement Savings Tax Breaks
Several proposals have been floating around Washington targeting various deductions, exemptions and workarounds.
January 13, 2020
Morgan Stanley Embroiled in Lawsuit Over Client Beneficiary Puzzle
The case presents a cautionary tale for FAs whose clients fail to fill out beneficiary forms.
November 22, 2019
Tighter Restrictions Proposed for Brokers Acting as Beneficiaries or Trustees
Finra worries such relationships of trust may present significant conflicts of interest.
October 4, 2019
Finra Wants to Curtail Brokers From Becoming a Client’s Beneficiary, Executor or Trustee
The SRO will be issuing a regulatory notice to solicit comment on this new rule proposal.
September 18, 2019
Most Americans Working with FAs Haven’t Discussed Estate Goals
And three-quarters of Americans haven’t even designated beneficiaries for all of their accounts.
May 31, 2019
Here’s How You Win Hundreds of Prospective Tech Millionaires From the Wall Street Firms
There are about to be hundreds of tech multi-millionaires ripe for the picking as major IPOs loom.
May 22, 2019
Senators Urge Finra to Bar FAs from Receiving Client Inheritance
Four U.S. senators say such inheritance bequests are conflicts of interest.
April 25, 2019
Merrill Lynch Let a Client Change a Beneficiary from the Grave, Plaintiffs Alleged
Can the dead change their beneficiaries?