2+ day, 1+ hour ago   (382+ words) Help clients take the wheel — don’t wait for a crisis to discover an estate plan no longer matches reality. The estate plan isn’t just a set of documents, Houghton said. Instead, it’s an ongoing process that has to keep pace…...

3+ mon, 2+ week ago   (329+ words) The shift from attorney- to advisor-driven estate planning means firms need to upgrade their offerings — or get left behind. Advisors who don’t offer estate planning may find themselves written out of the will. “There’s still $68 trillion that’s going to move,…...

3+ mon, 2+ week ago   (408+ words) Love is a battlefield, and sometimes estate planning can be one too. “These kinds of disputes are as old as mankind,” said Scott Rahn, founding partner at RMO Lawyers. “These are literally biblical issues. Siblings fighting each other, parents fighting…...

3+ mon, 3+ week ago   (397+ words) An advisor’s role doesn’t end after an inheritance. There’s a whole bunch of money changing hands in the coming years, but how can advisors help their clients who have inherited their parents’ wealth? “We’re maybe in the bottom of the…...

3+ mon, 3+ week ago   (373+ words) The affiliate model itself is nothing new, but it’s novel for a custodian. Altruist’s approach is more direct than those of bigger players, Diamond said. Affiliate programs at the major custodians technically run through groups including NewEdge Wealth, Private Advisor…...

5+ mon, 6+ day ago   (475+ words) A new study finds inherited wealth is unlike any other windfall, being tied so closely to death. A dollar is just a dollar, right? Not always. “That is not what most clients expect,” said Russell James, professor of charitable financial…...

5+ mon, 1+ week ago   (426+ words) Some 60 million US adults identify as childfree, according to the National Institutes of Health, meaning they don’t have children and don’t intend to. “Many traditional financial planners find themselves kind of stealing client households from other advisors, and almost trading…...