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Digital Currencies, Modern Trusteeship and Change

Wealth Management

The bill is over 900 pages long and includes provisions relating tangentially to trustees via fixing the estate tax exclusion amounts, etc. By now, the Revised Uniform Fiduciary Access to Digital Assets Act (2015) is so far behind the changes of the cryptocurrency industry as to be almost quaint. About the Authors Salvador C.

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How to Help Women With Blended Family Estate Plans

Wealth Management

Related: Tax Court Rules $2 Million Bequest to Spouse Isn’t QTIP To prevent this, advise your clients to discuss their estate plans early and openly. Address questions around marital trusts, powers of appointment and fiduciary duties while both spouses can provide input.

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Does being a fiduciary financial advisor REALLY matter – or is it “meh?”

Sara Grillo

Legal definition of the fiduciary standard To quote directly from a paper by Attorney Lorna Schnase , two bodies of law form the legal basis for the fiduciary standard: Common law: Under common law principles of agency, an investment adviser, as agent, owes fiduciary duties to its client, as principal.3

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Should you die and go to hell before selling an annuity?

Sara Grillo

Do advisors breach fiduciary duty when they fail to recommend annuities? Should those with only insurance licenses that allow them to sell annuities and/or life insurance be held to the same “fiduciary standard” as Registered Investment Advisers (RIAs) with the SEC or state regulators?

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Transcript: Gretchen Morgenson

The Big Picture

She has worked at “Money Magazine”, “Forbes”, “Worth”, all over the place. You started as an assistant editor at Vogue Magazine in the late ’70s. RITHOLTZ: They just wanted to have a little, “Hey, let’s speak to women in our magazine.” Let’s talk about tax loopholes. MORGENSON: At Vogue.

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