Stories: Advisor Stories

More than half of the country's GDP is generated by the 5.5 million family-owned businesses in the United States. Profits aren't the only priority for most family businesses; in fact, the vast majority of family business owners report that other factors, such...

"The greatest wealth transfer in modern history has begun," according to a mid-2021 report in the Wall Street Journal. And, with tax reform's big bite into estate values off the table, at least for now, many of your older clients may be thinking seriously...

Last year's heavily-debated versions of the Build Back Better Act called for tax increases that could have impacted charitable giving. But, as 2022 gets into full swing, the legislation that is eventually passed may bear little resemblance to earlier...

Designated funds and field-of-interest funds may not always be top of mind when you are developing philanthropy plans for your clients and their families, but they are extremely valuable tools in certain circumstances and it's important to be aware of what...

Amid the uncertainty of the COVID-19 pandemic, many clients are relying on their trusted advisors for peace of mind about the future. Creating a sound estate plan can help clients feel confident that their assets will be taken care of both now and after their...

S Corporation, or limited liability company? That's a question many family businesses grapple with in their formative stages. For years, S Corporations were frequently preferred for small businesses that wanted the protection of a corporate structure versus a...

Late last month, the White House released a proposed $1.75 trillion revenue package, putting to rest (at least for now) some of the uncertainty as to how sweeping tax reform could upend wealth planning strategies via changes to top marginal rates, a...

By Julie E. Firestone, PrincipalSingerman, Mills, Desberg & Kauntz Co., L.P.A. The Getty Foundation. The Bill and Melinda Gates Foundation. Private foundations formed by successful, entrepreneurial families, perhaps even initially operated by the...

The nonpartisan Joint Committee on Taxation's report issued last week is already creating a buzz among attorneys, accountants and financial advisors who provide charitable planning advice to their clients.  Here are four considerations as you navigate...

When local entrepreneur and art connoisseur Rory O'Neil passed away unexpectedly in October 2020, his wife of 52 years, Dedee, was left with "a lot of loose ends" to tie up. One of those loose ends was the private family foundation Rory and Dedee had been...