How The Ultra-Wealthy Protect Their Money Using ‘Defective’ Trusts

intentionally defective grantor trust tax reporting An intentionally defective grantor trust, or IDGT, is a way of shifting tax burdens for very wealthy households. With this structure, you can create...

How will the ultrawealthy ride out the recession? 1,200 investors worth $130 billion have one big strategy—and it’s not playing the stock market

The 1,200 ultra-high-net-worth members of the Tiger 21 network, comprising entrepreneurs, investors, and executives, are “wealth preservers,” in the words of Michael Sonnenfeldt, the organ...

Ultrawealthy investors are pouring their money back into stocks, according to elite Tiger 21 membership club

Wealthy investors are turning back to stocks, according to the owner of an elite membership club, with one sector in particular being regarded as the biggest opportunity “in human history.” Members of...

How the Ultra-Wealthy Save on Their Taxes

tax saving strategies for high income earners Earning a higher income can mean paying more in taxes at both the federal and state levels. You might assume that you’re stuck with a bigger tax bill beca...