Wealthy individuals aren't the only ones struggling to cope with higher income-tax rates and the new 3.8 percent investment income tax funding the president's health-care plan. The beneficiaries of trusts—wealthy or not—are also feeling… Read More

Could you be legally liable for paying for your parents’ care? Filial support laws exist in 29 states as well as Puerto Rico, and have quietly existed on the books for a long time. Now, however, these laws are a very real and present concern for th… Read More

In his famous poem, "For whom the bell tolls," English poet John Donne warns his readers against thinking the funeral bells we hear aren't for us, the living: Because of the interconnectedness of humankind, each is diminished by the lo… Read More

You may have juggled a zillion family responsibilities both in and out of the house. But chances are you didn't handle everything. Perhaps your husband handled the investments. Or dealt with advisers, such as a CPA or a lawyer. But now, after a… Read More

The U.S. Supreme Court ruled that certain money inherited from individual retirement accounts can be taken by creditors to cover the debts of people in bankruptcy proceedings. In a unanimous ruling written by Justice Sonia Sotomayor, the court said i… Read More

Recently rock legend Sting made headlines when he declared that his six children would be receiving little to none of his estimated $300 million fortune. He joked that he intended to spend all of his money before he died. But on a more serious note,… Read More

Casey Kasem, an iconic voice of radio and television for decades, was in critically condition in a Washington state hospital, while his three children from his first marriage fought with their stepmother, Jean Kasem, in court and the media for contro… Read More

If you’re a business owner, chances are good you’ll get some of those calls [from potential buyers of the business] too. The M&A market is heating up… Sometimes it’s hard not to think about your business as an inherent part of your life.… Read More