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
Schwab to Sell U.S. Trust Unit
By Staff WriterCharles Schwab Corp. announced Nov. 20 that it would sell its U.S. Trust unit to Bank of America for $3.3 billion in cash in a deal that should close in the second quarter of 2007, assuming it passes the necessary regulatory hurdles. Schwab said it would record a pre-tax gain...
September 24, 2006
Mutual Fund Firms Fall Short in Providing Wealth Transfer Tools and EducationMutual fund companies have long excelled at a core competency: providing advisors with investment planning strategies, information and services. But with a growing number of ...
September 24, 2006
Mutual Fund Firms Fall Short in Providing Wealth Transfer Tools and EducationMutual fund companies have long excelled at a core competency: providing advisors with investment planning strategies, information and services. But with a growing number of ...
September 18, 2006
Allstate Announces Changes At The TopA former chief financial officer will be taking over as the day-to-day leader of a giant insurer.The board of Allstate Corp., Northbrook, Ill., has chosen ...
September 13, 2006
Charitable Price Cut by T. Rowe PriceThe T. Rowe Price Program for Charitable Giving, a national donor-advised fund, has reduced its annual administration fee, effective September 1, 2006, by varying amounts on asset balances of $500,000 or more.
September 01, 2006
Hidden AssetsJohn Levitt, Esq., a licensed estate attorney and financial consultant with Professional Planning Services, LLC of AXA Advisors in Long Island, maintains that artwork must...
September 01, 2006
Extending SavingsCareless treatment of retirement plan assets at the owner's death could cost beneficiaries hundreds of thousands of dollars in tax-deferred growth. However, even those with...
September 01, 2006
Some Good News on PensionsAdvisors are hailing the recently passed pension reform legislation as a treasure trove of goodies that's long overdue. The whopping 900-page legislation, called the Pension...