Market research firm Wealth-X has looked into how many graduates of high-end schools are worth more than $30 million each — placing them in the “ultra-high-net-worth” bracket, and unsurprisingly, Harvard is at the top, with more than twice as many UHNW graduates than any other institution. But the rest of the list offers some interesting details on which schools are cranking out tomorrow’s super-rich. Having a business school and being close to Hollywood or Silicon Valley helps. Of the three schools on the list that are public, most of the super-rich made their money themselves, rather than inherited it, as is the case of certain Ivy League schools.
The IRS still has the authority to impose fines on nonfilers.
Insurers have may defenses. One problem: The bad guys know about the defenses.
The law affects access to policy loans for insureds who are getting LTC-related accelerated death benefits.
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