Stanton MacDonald-Wright's Show Kannon sold for $7,040 at Doyle's 20th Century Abstraction/Latin American Art auction March 13, 2024 in New York City. MacDonald-Wright grew up in Santa Monica, California, where his father fostered his artistic development by enrolling him in private art lessons. After a move to Paris and a brief stay in New York,…

Envestnet, the publicly traded wealthtech company, is exploring a sale, according to a Reuters reports citing confidential sources. The company has received interest from private equity firms including Bain Capital, sources told Reuters. Envestnet has hired Morgan Stanley to serve as its investment bank in the process and help navigate interest from potential buyers. An…

Ron Ransom and Sandra Swirski share the benefits of a donor-advised fund. Source link

Charles A. Redd explains what a counselor should do when a client has declining or diminished capacity. Source link

In this intensely divided political climate, practitioners may consider President Biden's annual budget wish list dead on arrival. That misses the point. Ideas in General Explanations of the Administration's Fiscal Year 2025 Revenue Proposals (of Green Book 2025) are not new. With persistence and a favorable election or two, some of these recommendations may eventually…

Pay-on-death (POD) or transfer-on-death (TOD) accounts are tools used in the estate planning process to provide simple administration and avoid probate procedures upon the death of the account owner (POD and TOD are collectively referred to for simplicity as POD accounts).1 The POD statutes allow the account owner to implement a POD registration, but do…

Avoiding penalties, malpractice claims, costly IRS penalties, crashing. Source link

This article is the third and final in a series examining the downsides of dead hand control in trust planning. The first article explored the challenges and limitations of traditional trust planning.1 The second addressed the growth of silent trusts or quiet trusts and illustrates how these types of trusts can negatively impact the growth…

This article is the third and final in a series examining the downsides of dead hand control in trust planning. The first article explored the challenges and limitations of traditional trust planning.1 The second addressed the growth of silent trusts or quiet trusts and illustrated how these types of trusts can negatively affect the growth…

Envestnet, the publicly traded wealthtech company, is exploring a sale, according to a Reuters reports citing confidential sources. The company has received interest from private equity firms including Bain Capital, sources told Reuters. Envestnet has hired Morgan Stanley to serve as its investment bank in the process and help navigate interest from potential buyers. An…