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The largest IBD in the country has agreed to buy a small broker-dealer in Florida to kick off the new effort.
High-ranking, bipartisan members of the House Financial Services Committee back the legislation.
The information exposed includes names, addresses, dates of birth and Social Security numbers.
'Portability' allows a surviving spouse to tack the decedent's exemption on to his or her own. Despite the higher threshold for paying estate taxes in the 2017 tax law, experts recommend filing for the benefit.
Plaintiff's lawyer says junk bonds, futures contracts and derivatives were inappropriate for his clients.