Trust Planning
Keep up with the latest developments in trust planning to help clients protect their assets for the benefit their heirs.
March 28, 2011
It’s a Trap! How to Avoid an Estate Plan Blunder and Big Taxes‘Leave it to Beaver’ couples’ need to rewrite wills and trusts, or survivors risk much more of the estate going to the trust or taxes than was intended.
March 28, 2011
It’s a Trap! How to Avoid an Estate Plan Blunder and Big Taxes‘Leave it to Beaver’ couples’ need to rewrite wills and trusts, or survivors risk much more of the estate going to the trust or taxes than was intended.
March 17, 2011
LTCI, family and the estate plan strategyMost insureds, including those who can afford the premiums, don't like paying for LTCI because they might not use the coverage. One way to avoid that argument is to reposition the cost by having clients view the premiums as a gift to their children.
March 15, 2011
A Wealth Transfer Strategy to Consider NowMake the lifetime gift in before the end of 2012 and more money will go to your heirs.
March 11, 2011
Tax Planning Advice: Give Multiple Ways With a Charitable Lead Annuity—Benjamin LedyardClients can fulfill wishes to give to heirs as well as charities with a Charitable Lead Annuity Trust (CLAT).
March 11, 2011
BofA Won't Extend 'Garden Leave' to Merrill AdvisorsBank of America has informed its Merrill Lynch advisors that, unlike their counterparts at U.S. Trust, they will not be asked to sign an agreement and go on reduced-pay “garden leave” if they resign, a company spokesperson confirmed Friday. Plus, the Bank of America-U.S. Trust unit hires 6 advisors from...
March 01, 2011
A Star is MadeWhen it comes to hiring junior advisors, virtually every advisor I’ve ever seen wants to hire a star: some youngster with a resume’ that will knock your—and their—stocks off.
February 18, 2011
BofA’s Krawcheck Expands Resignation Pact, Rules to Include U.S. Trust FAsThe policies affect departing U.S. Trust advisors and are not likely to be applied to Merrill reps, experts say.
February 09, 2011
Wilmington Trust Boosts Foundation and Endowment StrategyHires F. Mackey Hughes in newly created role as MD of Endowments and Foundations.
January 27, 2011
Advisor ethics alert: Sex, lies and salesMost salespeople have a complicated relationship with the truth. It's not hard to understand why, but most of us shy away from truth-telling. Too bad for us. It's not only misguided--it actually doesn't work.