Trusts are a powerful tool for people to manage assets for themselves, their families and beneficiaries during their lifetime and afterward. » Read More
Only 30 percent of Americans who have access to 401(k) plans actually have advantage of them, with Chad Parks, The Online 401(k) president, and Rebecca Davis, Pension Rights Center.
QTIPs, are often used to guarantee an inheritance to children of an earlier marriage.
With financial advisers moving from one firm to another more frequently than in the past, chances are you'll have an opportunity to review your needs.
The way to foster long-term relationships is to admit that we cannot know what the markets will do, says Mark Hebner, president of Index Fund Advisors.
Consumers would do well to follow these financial survival skills, according to Eleanor Blayney, consumer advocate for the CFP Board.
For financial advice, take the focus off the factors we can't control and move it to the things we can. It requires robust communication and periodic reassessment, according to Marilyn Capelli Dimitroff of Capelli Financial Services.
There are really no problem clients so much as there are clients in problematic situations, says adviser Dan Mathews of Stepp and Rothwell.
When it's time to cut ties, make sure you know what to do and when to do it.
What’s best for you depends on the size of your portfolio, your risk tolerance and how your adviser gets paid.
The markets are trickier than ever, technology is a bear and the parade of complex products with odd names is enough to make your head spin.
It’s important to distinguish between high-maintenance clients (who need a lot of hand holding) and problem ones (who want the impossible).
Sure, investment returns grab the headlines, but fees fatten the top and bottom line, which makes expansion into other services tempting.
Wall Street’s shedding jobs, so why not start your own business. You may be an investment guru but are you a general manager?
Reverse mortgages have a lot of allure for seniors who own their homes, but high fees and tricky provisions can make avoiding them the best course of all.
Inheriting money would seem like one of life’s unabashed blessings, yet the inheritors I spoke to said they were ill equipped emotionally or financially to handle the windfall.
Gina Rinehart, reputed to be the world's richest woman, is making headlines again for power struggles with her family and the Australian media.
A new study of multi-millionaires finds that only half plan to leave their inheritence to their kids.
Financially speaking, 2010 was a pretty good year to enter the next life if you were wealthy. There was no estate tax, so heirs inherited their dad or mom’s fortune without paying the usual 35 percent or more in estate taxes. Next year, however, could be different.
By making some important decisions while living, my father helped to lessen the overwhelming stress of coping with sudden loss.