I’m 67. Our family trust earns $300,000 annually for my kids. How do I ensure they won’t get killed on taxes?
“My thought is to distribute all of the income to my children each year so that the trust itself pays little to no tax.”
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More states are offering caregiver tax credits for families — but they only offset a fraction of expenses
Family caregivers often experience financial strain and career setbacks.
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Insurance brokers are getting big commissions to keep retirees in Medicare Advantage plans
Medicare Advantage brokers raked in $10 billion a year in commissions — but how many people are they helping?
Chanel’s Mega Dividend Brings Owners’ Windfall to $21B
The billionaire family behind Chanel is on track to pocket at least $21 billion from payouts over the past decade, a huge windfall as their brand prospers during a downturn hitting some luxury-good rivals. Angelina Rascouet joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss. (Source: Bloomberg)
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I’m selling my $1 million home. Will my agent really charge less than a 6% commission?
“I haven’t bought or sold property since the National Association of Realtors ruling that decoupled buyer’s and seller’s agent commissions.”
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‘We have longevity in the family’: My sister is turning 67. Should she wait until 70 to claim Social Security?
“Others say she should start at full retirement age.”
Fear of Losing Money in Beginner Investing
Fear of losing money can stop beginners from investing or push them into rushed decisions. With the right habits, new investors can manage risk and build confidence over time.
ECB Hike May Be Inevitable to Keep Credibility, Stournaras Says
Preserving the European Central Bank’s credibility is a strong argument in favor of an interest-rate increase next month, according to Governing Council member Yannis Stournaras.
Architect Norman Foster on Why the West Struggles to Build Big
What it takes to make great engineering and design breakthroughs at scale.