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Business continuity planning – Take a 360-degree approach to staying operational
June / July 2015
Newsletter: Trendlines
Price: $225.00, Subscriber Price: $157.50
Word count: 1052
Abstract: Decades ago, business continuity planning focused mainly on the sudden loss of a business owner and perhaps what the company might do if its offices burned to the ground. Then technology took over — and planning began to concentrate on how to preserve mission-critical data and reboot networks as quickly as possible. Today’s business continuity plans must take a 360-degree approach to staying operational. This article addresses key aspects of a contemporary continuity plan. A sidebar offers four steps to handling a server breach.
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It’s time to make gifts – The struggling economy may allow you to save gift and estate taxes
July / August 2009
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 1052
Abstract: Estate planning opportunities are a silver lining among today’s dark economic clouds. Depressed asset values and low interest rates may allow you to gift more to your loved ones at a significant gift tax savings, removing substantial wealth from your taxable estate. Some of the most effective gifting strategies involve the use of trusts. Or you might transfer interests in a family business or other closely held company using a family limited partnership (FLP) or a family limited liability company (FLLC). But, as a sidebar explains, Congress is considering new restrictions on FLPs and FLLCs. Also, when gifting property, you will need to consider income taxes as well as gift and estate taxes.