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  • Why the value of exemption portability is limited

    November / December 2011
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 1162

    Abstract: One notable change to estate tax law is the “portability” of gift and estate tax exemptions. Now, when one spouse dies, the surviving spouse can take advantage of the deceased spouse’s unused exemption. This means avoiding gift and estate taxes and achieving a stepped-up basis for one’s children with minimal estate planning. But this article shows that, in most instances, portability is no substitute for traditional estate planning. Besides several other reasons discussed, portability doesn’t protect assets from creditors or avoid taxes on appreciation. But a sidebar notes that, if one chooses portability, an executor must make an election on a timely filed estate tax return.

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  • Returning to the source – A strong cash flow begins with your customers

    February / March 2011
    Newsletter: Trendlines

    Price: $225.00, Subscriber Price: $157.50

    Word count: 1162

    Abstract: The source of every company’s cash flow is its customers — and it’s with them that owners can pinpoint ways to keep their business liquid. Improving accounts receivable collections is generally the most immediate way to improve cash flow, but this article also shows how to strengthen relationships and improve marketing efforts. A sidebar discusses sound cash flow management.

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