Trusts: An Overview
Though a bit more complicated than wills, and typically more expensive to set up, trusts can be very useful tools for estate planning. Read on for a basic understanding of trusts, as well as…
Read Moreabout Trusts: An Overview
Imagine Inheriting Thousands Of…
Plastic superhero figurines? Albums? Comic books? Tea cups? Matchbox cars? Pokemon? Coin purses? Hmmm….When dear friends or loved ones have unique and niche collections, chances are good that the rest of us might not…
Read Moreabout Imagine Inheriting Thousands Of…
Missed Opportunity: Asset Diversification
A comprehensive new analysis from Georgetown University’s Center for Retirement Initiatives points to opportunities for target-date funds to increase returns by adding illiquid options to the mix and calls on regulators to provide a…
Read Moreabout Missed Opportunity: Asset Diversification
SNT: Duties of The Trustee
Appointing a trustee to administer any trust is a big deal, but extra diligence is important when it comes to special needs trusts (SNTs). A trustee must be extraordinarily thoughtful when making decisions for…
Read Moreabout SNT: Duties of The Trustee
Probate in New York: The Surrogate’s Court
In New York State, the process of bringing the affairs of a “decedent” to closure is overseen by the county Surrogate’s Court. Asset distribution is determined by the will, when there is one, and…
Read Moreabout Probate in New York: The Surrogate’s Court
Hacking People? Social Engineering!
Social engineering tactics in use by cybercriminals rely on us to be human, and thus vulnerable to emotions like excitement, fear or urgency. As a result, cybercriminals do not have to be wizards on…
Read Moreabout Hacking People? Social Engineering!
Wronged Participants?
As every retirement plan sponsor knows, careful stewardship of the savings of participants is not just the right thing to do: it is a fiduciary duty governed by ERISA. With more and more…
Read Moreabout Wronged Participants?
Regulatory Jenga?
That’s what juggling benefit plan regulations, existing and emerging often feels like to plan sponsors– are not they’re not alone. Assistant Secretary of Labor, who leads the Employee Benefit Security Administration (EBSA) describes efforts…
Read Moreabout Regulatory Jenga?
Flawed And Reckless Provider Selection?
Although courts have dismissed some of the excessive fee allegations against retirement plan fiduciaries, claims show no sign of stopping. In fact, ERISA experts point out that lawyers for plaintiffs, having learned from the…
Read Moreabout Flawed And Reckless Provider Selection?