The parties in the MIT 401(k) suit negotiated an agreement that spares Ms. Johnson from having to undergo cross-examination.
The departures follow the news that Jackson National halted sales of some products in the state.
Legal and administrative challenges have stalled uptake by plan sponsors.
Others insurers are also poised to pull out of the New York market given the tougher sales standards.
This detail could catch clients off guard when they surrender or exchange a policy.
The players were part of a class-action lawsuit over concussion-related brain injuries.
Creative Planning's president has grown the firm organically, but M&A will play a role going forward.
Mr. Schlichter, who represents plaintiffs in the suit against MIT, is seeking to have Ms. Johnson testify about a quid-pro-quo allegation.
A type of trust known as a GRAT allows for larger tax-free transfers when interest rates are low
Because they were unconventional, the wills could be challenged.
