News & Analysis as of

Wealth Management

Hone Maxwell

What is a Family Office? Global Definitions in the U.S., Singapore, Hong Kong, and Mexico

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A family office is a private entity that manages wealth, investments, and planning for ultra-high-net-worth families, but the definition and structure vary widely across jurisdictions. In the United States, Singapore, Hong...more

Offit Kurman

Caught in the Middle: A Major League Baseball Family Trust Dispute

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Those of us living in the middle of the Sandwich Generation know that the role is rarely just about caretaking and logistics. It is about judgment, advocacy, and sometimes the uncomfortable responsibility of questioning what...more

Warner Norcross + Judd

Teaching Beneficiaries How to Manage Inherited Wealth

Most people know the proverb "shirtsleeves to shirtsleeves in three generations." It describes a cycle: The first generation builds wealth through hard work, the second enjoys it and the third squanders it, returning the...more

Farella Braun + Martel LLP

The Talented Mr. Ripley: Steps to Protect, Help, and Educate Trust Beneficiaries

Welcome to The Verdict: Estate Planning Through Film. Today, Farella partner and podcast host Hons Yung is joined by Gazelle B. Summe, Director of Portfolio and Wealth Advisory at BBR Partners, to discuss the movie, The...more

Pietragallo Gordon Alfano Bosick & Raspanti,...

The Most Expensive Estate Planning Mistake Isn’t Taxes. It’s Silence.

For many years, estate planning conversations began with taxes. Clients wanted to understand how to reduce estate tax exposure, how much they could transfer during life, and what strategies would preserve wealth for the next...more

IR Global

Why Early-Year Gift & Estate Valuations Set the Foundation for Strategic Wealth Planning

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Gift and estate planning is rarely a one-time event. For families with significant or complex assets, it is an ongoing process that requires careful coordination between financial, legal, and tax advisors. At the center of...more

Fisher Phillips

Pennsylvania Court Says Wealth Management Group’s Non-Solicitation Agreements Unenforceable: Top 3 Takeaways for the Financial...

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A recent non-precedential decision from the Pennsylvania Superior Court offers financial services businesses and professionals in the wealth management sector key lessons on restrictive covenants and client transitions. In a...more

Carey Olsen

Types and uses of Cayman Islands law trusts (UPDATED)

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A trust is a legal arrangement which distinguishes between the legal and beneficial ownership of property. Legal ownership is transferred to a trustee who manages and administers the property for the benefit of the...more

Foley & Lardner LLP

GRATs as an Estate Planning Tool for High‑Net‑Worth Individuals

Foley & Lardner LLP on

The Federal gift and estate tax exemption (also known as the “basic exclusion amount”) increased to $15,000,000 per individual for calendar year 2026. Taxpayers whose assets are subject to gift or estate tax despite the...more

Lasher

2026 Estate Planning Changes

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The start of the new year is an ideal time to review your current estate plan or to create an estate plan for the first time. January brings updated exemption amounts, inflation adjustments, and, in some years, new...more

Williams Mullen

[Event] 17th Annual Fiduciary Focus - February 27th, Richmond, VA

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Timely insights into the latest developments in wealth transfer, estate administration, trust planning, and estate tax portability. Join the Williams Mullen Private Client & Fiduciary Services team for our 17th Annual...more

Amundsen Davis LLC

GRATs and CLATs: Trust Strategies to Maximize Wealth Transfer

Amundsen Davis LLC on

For many years, certain trusts have proven exceptionally effective for wealthy individuals and to transfer some of their assets to the next generation that minimizes gift and estate taxes. Two of the most powerful tools in...more

Dickinson Wright

A Smart Way to Plan for High State Income Taxes: The Nevada ING Trust

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As a trust and estates and tax attorney, I am frequently asked by clients (and colleagues) if there are options to reduce the income tax burden they expect to pay on portfolio income or when they expect to experience a...more

UB Greensfelder LLP

Publication Advising with Purpose in an AI-Driven Future

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As clients navigate major life transitions such as divorce, career changes, or starting new businesses, they need guidance that blends practical financial strategy with empathy and emotional awareness. While Artificial...more

Skadden, Arps, Slate, Meagher & Flom LLP

FCA Consults on Reforms to Client Categorisation and Conflicts of Interest

On 8 December 2025, the UK Financial Conduct Authority (FCA) published Consultation Paper (CP26/36) (the CP), proposing reforms to the professional client categorisation regime and targeted simplifications to the conflicts of...more

Holland & Knight LLP

Tax and Legal Planning for the Venezuelan Diaspora in Transition

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For a quarter of a century, the Venezuelan people have faced profound economic, social and institutional disruptions. For many high-net-worth families, these circumstances have meant not only the fragmentation of assets and...more

Bowditch & Dewey

Top Strategies for Gifting Wealth This Holiday Season

Bowditch & Dewey on

It’s the season of giving, which may prompt parents to consider the best ways to give a portion of their wealth to their children or extended family members. Whether it’s to help in critical life moments, such as buying a...more

Saiber LLC

OBBBA Changes Create New Tax Planning Opportunities

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The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, introduced wide-ranging tax and policy changes. It contains hundreds of provisions, which address issues from clean energy to federal debt ceiling to...more

Hogan Lovells

UK FCA Consults on Rule Changes for Client Categorisation and Conflicts of Interest

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On 8 December 2025, the FCA published a consultation paper (CP) on client categorisation and conflicts of interest. This consultation will be of particular interest to wealth managers and investment firms, as it may enable...more

Robins Kaplan LLP

Lessons Learned from Our Annual Seminar: Stewardship, Ethics, and Accountability

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At Robins Kaplan’s annual Fiduciary and Wealth Disputes Seminar “What Keeps Fiduciaries Up At Night?” attendees heard from John Taft, Vice Chair at Baird and a 40-year veteran of the financial services industry....more

Proskauer Rose LLP

Wealth Management Update - December 2025

Proskauer Rose LLP on

The December 2025 Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 4.6%, the same as in November. The December applicable federal rate (“AFR”) for use with a sale to a defective...more

Tarter Krinsky & Drogin LLP

Joining a Multi-Strategy Hedge Fund? Don't Overlook the Immediate Estate Planning Opportunity

Landing a portfolio manager role at a top multi-strategy hedge fund can be a career-defining moment. It can also catapult your personal net worth into the stratosphere overnight. Rapid wealth creation comes with a new...more

Walkers

Why Guernsey trusts continue to matter: Practical uses for families, entrepreneurs and businesses

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Guernsey has long been recognised as a stable, sophisticated and adaptable jurisdiction for trust structuring. Its trusts regime offers a blend of flexibility, confidentiality and legal certainty, making it a compelling...more

Offit Kurman

Maximizing Wealth Preservation with a South Dakota Special Spousal Trust

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If you are married, regardless of where you live, you should consider adding a valuable tool to your estate plan: a South Dakota Special Spousal Trust, also known as a Community Property Trust (CPT). A CPT can help couples...more

Skadden, Arps, Slate, Meagher & Flom LLP

FCA’s Multi-Firm Review of Consolidation in the Financial Advice and Wealth Management Sector

On 31 October 2025, the FCA published its findings from a multi-firm review of consolidation in the financial advice and wealth management sector....more

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