by Christine | Jul 10, 2014 | Charity, Estate Plan, Heirs, Wealth Transfer |
Is inherited wealth making a comeback? Is leaving an inheritance a good or bad idea? Well, it all depends on who you ask. For example, a recently published book by French economist Thomas Piketty, “Capital in the Twenty-First Century,” argues that estates are getting...
by Christine | Jun 9, 2014 | Charitable Giving, Estate Planning, Wealth Transfer |
"We say to people: 'If you do nothing, your money will go to the state. Is that what you want?' That's enough to make them want to consider something else," says Andrew Russell, a certified financial planner in San Diego. If you have no spouse or...
by Christine | Mar 13, 2014 | Estate Planning, Family Business, Wealth Transfer |
As for the last conspiracy theory – elite families passing their wealth from generation to generation – evidence suggests that it is the exception rather than the rule. If you were able to create some wealth through the family business, how do you keep it going in...
by Christine | Apr 12, 2012 | Estate Planning, Facebook, Wealth Transfer |
There’s nothing illegal about what these executives did. In fact, the Facebook registration statement and others that FORBES examined read like a playbook of how the ultra-rich and even the moderately wealthy can operate within the law to transfer vast sums and...
by Christine | Mar 5, 2012 | Estate Planning, Trusts, Wealth Transfer |
Despite the bitter economic downturn, one part of the American dream is alive and well: the possibility of sudden wealth… Yet such life-changing windfalls can just as quickly vanish, say advisers who work with those who suddenly become wealthy. If you are setting up...
