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The $10 Million Hermès Problem: Estate Planning When Luxury Collectibles Outpace The Art Market

by The Wealth Advisor Contributor
With Birkins, Rolexes and rare whiskies soaring in value, wealth managers warn that ignoring luxury assets in estate planning can cost millions.

Featured

The $10 Million Hermès Problem: Estate Planning When Luxury Collectibles Outpace The Art Market

With Birkins, Rolexes and rare whiskies soaring in value, wealth managers warn that ignoring luxury assets in estate planning can cost millions.

Microsoft Founder Bill Gates' Billion Dollar Divorce Payout To Ex-Wife Melinda Finally Revealed

Microsoft Founder Bill Gates' Billion Dollar Divorce Payout to Ex-Wife Melinda Finally Revealed

I Asked ChatGPT How To Make My Estate ‘Drama-Proof’ For My Heirs In 2026 — Here’s Its 12-Month Checklist

I asked ChatGPT for a road map to drama-proof my own estate. It produced a 12-month checklist to follow to get affairs in order.

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The Trust Advisor

Secret Millions! Ashley Biden’s Net Worth Revealed After Divorce From Howard Krein

Ashley Biden, the youngest daughter of former U.S. President Biden, recently finalized her divorce from Dr. Howard Krein, ending the 13-year marriage.

The Trust Advisor

Jilted Barney’s Heir Claims His Dead Mother and Siblings Masterminded $20 Million Tax Fraud Scheme: Lawsuit

An heir to the now-defunct luxury department store Barney’s is accusing his late mother and siblings of orchestrating a tax fraud scheme.

ETF Innovators

Pacer Reimagines Equity Income: How QDPL and QSIX Dividend Multiplier ETFs Capture Abandoned Returns

Pacer’s QDPL and QSIX ETFs use dividend futures to deliver 4x and 6x dividend yields while maintaining ~90% equity exposure—eliminating the traditional trade-off between growth and income. By recapturing dividends abandoned in derivatives strategies, these funds might offer income-focused investors a compelling alternative to covered calls or sector concentration, aiming to generate compelling annual distributions with reduced volatility.

ETF Innovators

Powering Income from the Energy Buildout: Inside Westwood’s MDST Midstream Strategy

The Westwood Salient Enhanced Midstream Income ETF (MDST) targets the infrastructure fueling America’s industrial comeback, driven by surging power demand from AI, data center expansion, and chip manufacturing onshoring. With rising natural gas demand and a covered call overlay, MDST aims to deliver steady income and reduced volatility for equity income investors.

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Washington Wire

Jay Powell: DOJ Threatens Criminal Indictment

The Trust Advisor

King Charles Moves To Reclaim Royal Lodge, Ending £30 Million Inheritance Path For Andrew’s Daughters

Washington Wire

Republican Sen. Thom Tillis Vows To Block Trump’s Fed Nominees Following Powell Probe

Crypto4Advisors

Bitcoin Price To Surge As Trump Pushes Debasement Trade ‘Into Overdrive,’ Analysts Say

Washington Wire

Greenspan, Bernanke, Yellen And Other Past Officials Say Trump Using ‘Prosecutorial Attacks’ To Undermine Fed

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