Trusts and Estates
Learn which trust is best for which clients, the tax benefits of different estate planning strategies and how to transfer wealth responsibly, as well as estate planning techniques that benefit families with special needs
Rockefeller Financial Appoints Jeffery as CEO
By Michael S. FischerReuben Jeffery III, a former State Department official, will become chief executive of Rockefeller Financial and join its board of directors on September 7, the firm announced Wednesday, July 27.
July 26, 2010
ADVICE Column: Estate Planning and the Trusteed IRAWhat do money managers need to know now?
July 25, 2010
Fidelity Poll Says Charitable Giving May Rise to Offset TaxesAdvisors surveyed in a poll released July 21 by the Fidelity Charitable Gift Fund expected clients' taxes to rise, and fully one quarter (26%) said they also expected clients to raise their level of charitable giving to offset the increase.
July 23, 2010
Vanguard Sees Positive Signs for Retirement AccountsMutual fund giant Vanguard says many of its participants in 401(k) and other defined contribution plans are "well positioned for retirement security" in an annual analysis of defined contribution retirement plans.
July 22, 2010
Existing Home Sales Fell 5.1% in June With End of Home Buyer Tax CreditExisting home sales fell 5.1% in June, with 5.37 million single-family homes, townhomes, condos, and co-ops sold compared to 5.66 million in May, the National Association of Realtors said.
July 21, 2010
BlackRock Doubles Q2 Net Income, but Client Outflow Problems PersistBlackRock reported Q2 2010 net income of $432 million, up $214 million from a year ago and up $9 million from the first quarter.
July 20, 2010
Estate Planning: Interest Rate Drop Enhances Wealth Transfer OpportunitiesWith the AFR near historical lows, wealth transfer beckons; for GRATs, act before the estate tax kicks in again.
July 19, 2010
Senators Lincoln, Kyl Float Estate Tax Reduction ProposalSenators Blanche Lincoln (D-Arkansas) and Jon Kyl (R-Arizona) introduced July 14 a proposal to permanently reform the federal estate tax.