Advisors know well that being wealthy doesn’t guarantee happiness (just as Lennon and McCartney knew that money can’t buy you love), but it seems that there should be some correlation between wealth and happiness.
Failing to take action or making the wrong moves can be costly for you and your heirs. Here are six
blunders experts told us they see most often, and what to do instead.
Charitable gifts of real estate can be a great way for a client to avoid capital gains
taxes, generate an income tax deduction and achieve personal objectives such as
leaving a legacy by making a substantial gift to the client’s favorite charity.
Morgan Stanley said it will pay $2.6 billion to the U.S. government to resolve potential claims stemming from the sale of mortgage bonds before the financial crisis, reducing its 2014 profit by more than half.