The hot word these days in the world of investing is “fiduciary.” In noun form, fiduciary is a person or organization that owes to another the duties of good faith and trust. An attorney owes these duties as well as the duty of confidentiality to their clients. Someone serving as a trustee owes similar duties…

When Congress passed the Tax Cuts and Jobs Act at the end of 2017, it created new lower tax brackets for U.S. taxpayers. However, the law included a sunset provision which automatically repeals the reduced tax rates in 2025. What additional tax legislation is likely in the future? It’s not a secret that the country…

Many large financial services firms struggle with providing financial advice to their thousands — and, in some cases, millions — of customers. It can be nearly impossible to provide personalized financial advice to so many people. One way some of the largest investment and advisory firms attempt to overcome this problem is to make several…

A radio listener of mine recently called to share an estate planning snafu that she experienced with her late father’s estate. Prior to her father’s death she had “put her name” on all of his accounts to avoid probate. However, she recently learned that her father’s broker had opened an additional account for him that…