Advisors Take Note: SEC Proposes Sweeping Changes to Custody Rule

By Natalie Roberts On the horizon is a potentially cataclysmic shift in the rules for custody of investments managed by investment advisers. On February 15, 2023, the Securities and Exchange Commission (“the Commission”) issued  Release IA-6240 (the “Issuing Release”), announcing it proposes to amend Rule 206(4)-2 of the Investment Advisers Act of 1940 (“Advisers Act”), […]

Estate Planning for Crypto-Assets Part 2

This is Part Two of a two-part blog. Part One was designed to educate readers about crypto-assets and the lexicon of associated terms. Part Two is a discussion of the challenges of estate planning for crypto-assets and some ideas for overcoming those challenges. 1 A set of unique challenges arise when it comes to estate planning […]

SECURE Act: How It Will Affect You and the Beneficiaries of Your Retirement Accounts

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By Natalie Roberts, J.D., LL.M. in Taxation On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act, effective January 1, 2020, is the most significant legislation affecting retirement accounts in decades.  The SECURE Act has several positive changes: It increases the required beginning date […]