Planning for the Estate and Gift Tax Exclusion: What to Know
WEBDec 7, 2022 — The federal lifetime gift and estate tax exclusion will increase from $12.06 million in 2022 to $12.92 million for 2023. There could also be increases for inflation for both 2024 and 2025. That ...
Gifting Stock to Family Members: What to Know | ThinkAdvisor
WEBJan 25, 2021 — Gifts of stock can be made in lieu of giving cash. The annual gifting limits of $15,000 per person ($30,000 for a joint gift with your spouse) apply, and the value of the stock on the day of the ...
World's 25 Biggest Wealth Management Firms by AUM: 2021
WEBNov 16, 2021 — To identify this year’s largest firms, Aite-Novarica ranked them based on their client assets, which it noted generally refers to discretionary and advisory assets under management, as well as ...
The 20 Biggest Asset Managers in the World by AUM - ThinkAdvisor
WEBJun 6, 2023 — The U.S. placed 14 institutions among the world’s top 20 largest asset management firms by assets under management (AUM), according to ADV Ratings ’ latest rankings. France and Germany each ...
1035 Exchange: Know the Rules - ThinkAdvisor
WEBMar 31, 2022 — Without a 1035 exchange, the holder of a nonqualified annuity contract would owe ordinary income tax on any annual returns from the nonqualified annuity, plus a 10% penalty for those under age ...
5 Steps to Successfully Talk About Fees With Clients
WEBJun 8, 2016 — Here are five tips that can help you have more successful conversations: 1) Take the lead. Yes, it’s a touchy subject—and that’s exactly why it is important to take the initiative to start ...
How to Minimize Taxes When Social Security, RMDs Kick In
WEBApr 1, 2021 — The resulting tax advantage from lower retirement account balances when RMDs begin is to lower adjusted gross income (AGI) and therefore taxation. The retiree’s larger Social Security income ...
11 Net Investment Income Tax Questions, Answered - ThinkAdvisor
WEBJun 29, 2021 — Today, revenue from the net investment income tax goes to the U.S. Treasury. The investment income tax is a surtax of 3.8% in addition to the regular income tax that certain high-income taxpayers ...
U.S. Economy on Track for Major Crisis in 2024: Nomi Prins
WEBOct 11, 2022 — By Jane Wollman Rusoff. A major financial crisis will likely hit in 2024, when “the United States could see the size of its economy relegated to third place in the world behind China and India ...
10 of the Biggest Financial Frauds of the Past 25 Years
WEBDec 22, 2022 — In announcing charges against FTX founder and former billionaire Sam Bankman-Fried, U.S. Attorney Damian Williams said that the case was “one of the biggest financial frauds in American history ...