Angela Mwanza, co-founder of UBS’s Evergreen Wealth Management, says she now defines success as transferring capital and a mission from one generation to the next.

Mission statements can play a critical role in a family’s success.

UBS is setting up a new unit specifically for rich clients who require investment banking services.

Help clients maximize deductions, particularly during giving season.

Kristin Lemkau will become chief executive officer of the business, U.S. wealth management, and report to Gordon Smith, head of the consumer bank.

Even discretionary beneficiaries may be subject to tax on distributions.

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