A shift in how inheritances and retirement accounts are treated could compel family offices and wealth planners to shake up their estate plans.
While traditional family offices focus on the financial side of the dynastic client, virtual family offices often also consider "soft" services.
Similar fiduciary standards have been adopted elsewhere, including New Jersey and Nevada, and several other states are also considering proposals.
Lawsuit accuses city of plundering the psychiatric trust more than 80 years after it was taken by the Nazis.