Planning for Blended Families and Second Marriages

Situation: According to a recent Forbes study a record 144 immigrant billionaires account for nearly 15% of all American billionaires and a quart of the country’s billionaire wealth.i Of these billionaires, 46 living in the U.S. hold non-citizen status. While we may not have billionaire clients, many financial advisors work with high net-worth individuals who […]

Situation:  Because the One Big Beautiful Bill Act (OBBA) preserves and modestly increases the estate tax exemption to $15 million, rather than having the planned decrease go into effect, some clients may believe they no longer need to keep life insurance in an irrevocable trust. As a result, I am often asked, “Can a life […]