Whenever a client wants to cap gift tax exposure, planners should consider using a defined-value clause implemented by use of an escrow trust. A defined-value clause limits the quantity of assets ...

Answering the question “Whose money is this?” before it is too late is essential to a successful wealth transition in which relationships remain intact and the next generation maintains control of ...

The concept of value may be, and is, interpreted differently among healthcare stakeholders, and not only do cancer patients define value differently from policy makers, but also from other patients.

Affluent families who wish to make large lifetime gifts should consider using defined-value clauses or other formula clauses to minimize or eliminate gift taxes. These clauses are especially effective ...

You can define ethical values in business in much the way they're defined in personal life. The ethics definition, the Corporate Finance Institute (CFI) asserts, is a set of moral principles that ...