Anyone who has ever watched a relay race or a football game knows that a lot can go wrong during a handoff. The same is true when control of a business is being passed from one person to the next. Indeed, the death, disability or retirement of a...
The relief efforts related to hurricane Katrina are doing what two decades of lobbying from the wealth advisory community could not: convincing legislators to let investors make tax-free donations from their IRA accounts. As part of an effort to...
One of the defining characteristics of closely held business owners is their need to control. This need prevents many from using lifetime transfer strategies, leaving only testamentary approaches, which are inherently less transfer tax efficient...