(Bloomberg) -- Why would anyone spend $24 million to buy a 1 percent stake in the New York Yankees? Minority ownership seems like a lose-lose proposition: A lot of money for very little power. For wealthy sports fans, though, it’s cool ...

Know the difference between legitimate and abusive offshore planning 

Why do you rarely hear about any?

As the recent case of Estate of Jack Willard Williams1 demonstrates, the Internal Revenue Service continues to monitor partnerships aggressively and carefully. Failure to structure partnerships correctly and administer them consistently with the...

The United States Supreme Court has determined that inherited IRAs are not protected from bankruptcy creditors. Although this development presents a serious risk for clients, it also presents a planning opportunity for financial advisors...

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Countries focus on increasing their revenue by catching tax evaders

Practical advice based on client inquiries

Regimented financial strategies. | Luke Sharrett/Getty Images Despite the troubling idea that the high suicide rate among military members and veterans may be more linked to financial troubles than mental illness, and recent legislation to stu...