564
Showing 1–16 of 21 results
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Does a charitable remainder trust belong in your estate plan?
November / December 2023
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: When it comes to tax-saving strategies, sometimes the current economic and financial environment can make one strategy more effective than another. That’s certainly the case with a charitable remainder trust (CRT). Indeed, CRTs are generally more attractive when interest rates are higher — and the prime lending rate is currently at its highest level since 2001. This article details how a CRT works and why it can benefit a person’s estate plan.
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Tax Court writes new chapter in ongoing saga of “tax affecting”
September / October 2023
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: In Estate of Cecil v. Commissioner, the U.S. Tax Court opined on whether “tax affecting” is appropriate when valuing noncontrolling, nonmarketable interests in pass-through entities using the income approach. This article summarizes the debate over tax affecting and why the court accepted tax affecting in this case. Estate of Cecil v. Commissioner, T.C. Memo 2023-24. Gross v. Commissioner, T.C. Memo. 1999-254, aff’d. 272 F. 3d 333 (6th Cir. 2001), cert. denied, 537 U.S. 827 (2002). Estate of Jones v. Commissioner, T.C. Memo. 2019-101.
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Tax Court writes new chapter in ongoing saga of “tax affecting”
September / October 2023
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: In Estate of Cecil v. Commissioner, the U.S. Tax Court opined on whether “tax affecting” is appropriate when valuing noncontrolling, nonmarketable interests in pass-through entities using the income approach. This article summarizes the debate over tax affecting and why the court accepted tax affecting in this case. Estate of Cecil v. Commissioner, T.C. Memo 2023-24. Gross v. Commissioner, T.C. Memo. 1999-254, aff’d. 272 F. 3d 333 (6th Cir. 2001), cert. denied, 537 U.S. 827 (2002). Estate of Jones v. Commissioner, T.C. Memo. 2019-101.
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Family advancement sustainability trust – A flexible trust that can achieve many estate planning goals
April / May 2021
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: While, ultimately, a person creates an estate plan to meet technical objectives, such as minimizing gift and estate taxes and protecting assets from creditors’ claims, he or she should also consider “softer,” yet equally critical, goals, such as educating children on how to manage wealth responsibly. This article details how a family advancement sustainability trust can help achieve this goal.
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The limits of artificial intelligence – PTO restricts “inventorship” to natural persons
October / November 2020
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: Decades after “2001: A Space Odyssey” hit theaters, artificial intelligence (AI) is finally gaining ground in everyday life — but not without legal limits. The U.S. Patent and Trademark Office (PTO), for example, recently ruled that AI systems can’t be listed as an “inventor” on a patent application. This article discusses why the agency found that the application required identification of a natural person as inventor. In re Application of Application No.: 16/524,350, No. 50567-3-01-US, April 27, 2020, U.S.P.T.O.
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Taxable vs. tax-advantaged: Where to hold investments
November 2018
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: When investing for retirement or other long-term goals, people usually prefer tax-advantaged accounts. But traditional taxable accounts may still make more sense for certain investments. This article discusses the difference between “taxable” and “tax-advantaged” and which vehicles tend to work the best where. A sidebar looks at the categories of rules for dividends.
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TCJA draws a silver lining around the individual AMT
September 2018
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: The TCJA didn’t eliminate the individual AMT. But the law did draw a silver lining around it. Revised rules now lessen the likelihood that many taxpayers will owe substantial taxes under the AMT for 2018 through 2025. This article explains why. A sidebar warns higher-income taxpayers that they are now back in the AMT spotlight.
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Financial metrics at your fingertips – Using dashboard reports to keep your loans on track
August / September 2017
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: When a company is floundering or in between reporting periods, it’s helpful for lenders to have access to a quick report that simplifies financial information into an easy-to-read summary. This article explains that a dashboard report provides the essentials to help lenders take the necessary steps to shore up or salvage a loan. In addition to describing what information dashboard reports typically contain, the article notes that nothing can replace yearly full and comprehensive financial statements from borrowers.
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IRC Section 1231 – It’s the best of both worlds
March / April 2016
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: Section 1231 of the Internal Revenue Code (IRC) provides that gains on the sale of qualified property (property used in a business held more than one year) are eligible for capital gains treatment (vs. ordinary income). This article explains the rule’s requirements and how it can apply to property sold by owners or developers.
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4 digital marketing tips
November / December 2015
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: This article offers auto dealerships four tips to keep in mind while devising or enhancing an online and digital marketing strategy. The tips are aimed at taking full advantage of the sales and marketing opportunities offered by digital technologies in order to generate more leads and boost sales.
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Rounding up recent accounting developments
October / November 2015
Newsletter: Public Company Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: Keeping up with changing accounting standards is critical to every public company’s well-being. This article explains why it’s important to review recent developments that affect consolidation, pushdown accounting, hedge accounting, lease accounting, and debt issuance costs.
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Size matters – Understanding blockage discounts on publicly traded stock
September / October 2015
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: Discounts for lack of marketability and lack of control are well known to attorneys whose practices commonly call for valuations. A lesser-known type of discount could, however, also lead to discounts that have a significant impact on estate and gift tax planning, as well as divorce cases and a variety of other types of litigation. This article explains why the specific facts and circumstances surrounding a block of stock will determine whether a blockage discount applies.
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Should you keep your trust a secret?
May / June 2014
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: Worried that the prospect of a large inheritance might harm their children’s work ethic, some people establish “quiet trusts,” also known as “silent trusts.” In other words, they leave significant sums in trust for their children; they just don’t tell them about it. But this article lists several disadvantages of this approach. It argues that an “incentive trust,” which is known to the beneficiaries and which specifies conditions they must meet to be eligible for distributions, can do a better job of encouraging a sense of responsibility.
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Why a private annuity is a powerful estate planning tool
March / April 2014
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: Affluent families looking for ways to reduce their gift and estate tax exposure should consider private annuities. Under the right circumstances, a private annuity can generate significant tax savings. A 2013 U.S. Tax Court decision that approved the use of a deferred private annuity for estate planning purposes has potentially made this tool even more powerful. This article explains how a private annuity works and the advantages of deferral.
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BIM 2013: Where this technology is headed
Winter 2013
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: Building information modeling (BIM) can no longer be called “new.” But this construction technology keeps evolving, adding functionality and growing in importance. BIM enables anytime, anywhere collaboration among everyone from the owner to subcontractors. This article shows where BIM is headed and how important it could be to construction companies.
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Inequitable conduct dooms drug patents
October / November 2012
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 564
Abstract: A drug company holding two pharmaceutical patents on a chemotherapy cancer drug sued three other companies for infringement when they applied for FDA approval to market generic versions. But the district court ruled that the patents were unenforceable for inequitable conduct because the inventor intentionally withheld from the PTO two prior art references that were material to the drug’s patentability. It also held that the patents were invalid for obviousness. This article explains why this verdict survived on appeal, along with the lessons to be learned. Citation: Aventis Pharma S.A. v. Hospira, Inc., No. 2011-1018, April 9, 2012 (Fed. Cir.); Therasense, Inc. v. Becton, Dickinson Co., 2008-1511, -1512, -1513, -1514, -1595, May 25, 2011 (Fed. Cir.)