The irrevocable life insurance trust (ILIT) cannot be rescinded, amended, or modified after its creation. Here are three ...

Amber Hughes, a lawyer in the Phoenix office of law firm Dickinson Wright, offers the example of a mother who belatedly ...

A 529 plan can be a valuable tool in estate planning, particularly for families who want to minimize taxes while saving for ...

Two architects who have made a film about the child-friendly estate where they live explain what's so special about its ...

How maternal wisdom benefited one financial advisor, teaching him early about vital things like debt management and estate ...

The good news is that you’ve probably already done a little bit of estate planning—you just may not be aware of it. It's ...

Investors can celebrate 2024 stock market gains, lower inflation, tax-deductible IRA contributions and expanded gift-tax ...

Working in a career over a lifetime or owning and building a business can result in financial wealth to pass on to family ...

President-elect Donald Trump has said that his plan to deport millions of undocumented immigrants will solve the nation’s ...

High net worth individuals often need financial advisors because as their wealth grows, managing all of that can be very ...

In this article we take a look at the hotels sector on both sides of the Atlantic, at a time when both the U.S. and the UK are seeing ...

In essence, individuals can give away $13.6 million of their wealth with no gift tax impact, thus reducing their taxable ...