Ultrahigh net worth

While the IRS levies a 40% estate and gift tax on the biggest fortunes, some of the wealthiest clients may consider the grantor retained annuity trust, or GRAT, to pass money to children and grandchildren tax-free.
Tax planning
Heirs of the UHNW can profit even when markets plunge
By Ben Steverman
March 9, 2020 12:35 PM

The richer they are, the more options clients have to insulate themselves from the coronavirus and its effects.

3 Min Read
Broadway near the New York Stock Exchange
Estate planning
Heirs of ultra-wealthy can profit even when markets plunge
By Ben Steverman
March 6, 2020 11:56 AM

The super-wealthy can deploy sophisticated strategies to pass on billions of dollars to their descendants tax-free.

4 Min Read