DjelicS | E+ | Getty Images Some financial advisors may be overbilling for their services. Fortunately, there are steps a client can take to protect themselves. A recent Securities and Exchange Commission investigation of advisors’ fees found several errors that resulted in clients overpaying. In some instances, advisors charged fees that differed from their contractual
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A friend recently asked about retiring overseas and succumbing to the lure of an exotic lifestyle. The proposed move would have involved him retaining U.S. citizenship while establishing a permanent foreign residence. I told him not to bother, in no small part because the U.S. tax system makes his considered move burdensome. True, the IRC
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Peter Cade | Getty Images As the holidays approach, philanthropic investors may be eyeing year-end gifts to their favorite charity. However, there are several options to consider with varying tax benefits, according to top advisors. Nearly 90% of wealthy families gave to charity in 2020, according to a study on philanthropy from Bank of America,
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Victor F. “Trey” Trahan III, FAIA, the founder and CEO of Trahan Architects, has been selected as this year’s Laureate of The American Prize for Architecture by both The Chicago Athenaeum: Museum of Architecture and Design and The European Centre for Architecture Art Design and Urban Studies. Trahan Architects is a global architecture firm with
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In this article RY4C-IE AIR-FR BMW-DE RR.-GB Rolls-Royce’s all-electric Spirit of Innovation takes to the skies for the first time. Courtesy: Rolls-Royce Rolls-Royce said Friday its electric aircraft had reached a maximum speed of 623 kilometers per hour (a little over 387 miles per hour), with the firm claiming this made the airplane the “world’s
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