Schwab, Fidelity Having Banner Year for Charitable Giving
The donor-advised funds of Schwab and Fidelity report big increases in deployments through the third quarter.
‘Huge’ Wealth Transfer in Sight: UBS, PwC Report
In the U.S. alone, about $1.1 trillion will transfer to the next generation over a period of 20 years, the report estimates.
9 Key Things Next President Should Do to Fix Economy: Brookings
Although the economy hasn’t always been the focus of this campaign, it will be among the most important challenges for the next president.
New IRS QTIP Rules Increase Estate Tax Portability Benefits
Newly released guidance allows a powerful planning strategy that can be used by wealthy clients to maximize a deceased spouse’s federal estate tax exemption.
Community Property: When Federal-State IRA Rules Collide
Sorting out the state community property rules and IRS rules on beneficiary designations in retirement accounts.
GRAT Valuation Discounts Disappearing Soon
Clients have a short window to use valuation discounts for transfers of interest in family businesses under Treasury’s current rules.
5 Tips on Estate Planning to Avoid Common Pitfalls and Distress
You may be the first to spot potential estate planning problems and address them before it is too late.
HSAs: The Retirement Savings Tool Most Clients Aren't Using (Yet)
Health savings accounts combine the tax advantages of 401(k)s and Roth IRAs, making them an effective way to save for health costs in retirement.
Top 5 Tips for Nonprofessional Trustees
Following these suggestions will help even nonprofessional trustees understand their responsibilities and avoid typical pitfalls.
Treasury Proposes to Close Estate and Gift Tax Loophole
The loophole primarily affects families' stakes in businesses, Rose Watson of Commonwealth Financial says.