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Showing all 9 results
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The gift tax exclusion: The gift that keeps giving
Fall 2021
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 757
Abstract: Among the strategies for reducing the size of a taxable estate is the annual gift tax exclusion. But the exclusion can’t be carried forward and used in future years. In addition, this article points out that the current high exemption is likely temporary and scheduled to drop in 2026. This drop would reduce how much can pass estate-tax-free to heirs and suggests that 2021 might be a good time to make annual exclusion gifts.
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Can an ABLE account benefit your family?
August / September 2021
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 757
Abstract: A family with a disabled child faces difficult estate and financial planning challenges. One effective planning tool available to families is the ABLE account. The Achieving a Better Life Experience (ABLE) Act was signed into law in 2014. It created Internal Revenue Code Section 529A, authorizing states to offer tax-advantaged savings accounts for the blind and severely disabled. This article details the ins and outs of an ABLE account.
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Are your assets protected from creditors?
April / May 2018
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 757
Abstract: One of the primary objectives of estate planning is protecting assets from unreasonable creditors’ claims, frivolous lawsuits or financial predators ― the reason being to pass as much wealth to family members as possible. This article explores several basic yet effective tools to protect hard-earned wealth.
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5 tips for successful CEO succession
August / September 2017
Newsletter: Public Company Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 757
Abstract: CEO succession is a fact of corporate life. The Corporate Governance Research Initiative (CGRI) at the Stanford Graduate School of Business reports that global CEO turnover ranges from 9% to 14% per year. But even though all CEOs eventually leave office, few organizations are well prepared to replace them. This article provides five tips for a successful transition.
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Stretch out estate tax on business interests
February / March 2017
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 757
Abstract: Frequently, heirs of successful entrepreneurs are forced to sell off business interests at “fire sale” prices to help pay federal estate taxes. To alleviate the tax strain, Internal Revenue Code Section 6166 allows heirs to stretch out estate tax payments over time. This article explains the ins and outs of Sec. 6166. A sidebar explains how a life insurance policy can help ease the tax bite.
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Strategies for keeping the lid on unemployment taxes
January / February 2013
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 757
Abstract: State-imposed unemployment taxes have skyrocketed since the onset of the recession. While there may be little that dealers can do to reverse this nationwide trend, they can be more thoughtful in the hiring decisions they make, so as to avoid future unemployment claims against them. This article shows how a dealership might be able to influence its unemployment tax payments if certain situations apply and if they take certain actions. A sidebar discusses the value of conducting prehiring assessments.
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Want to avoid court? Try ADR instead
Spring 2011
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 757
Abstract: Disputes arise in all types of business. But they can be particularly nasty for construction companies, because there are so many entities trying to get paid for projects fraught with risk. Yet such disputes can often be resolved more easily and quickly if they avoid litigation altogether. This article looks at a variety of alternative dispute resolution (ADR) methods that offer effective ways to address different degrees of conflict severity. Besides negotiation, mediation and arbitration, there are smaller, more intermediate steps that can be considered. A sidebar explains what’s involved when all else fails and it’s necessary to go to court.
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Are you in a giving mood? – Making lifetime gifts still an effective estate planning strategy
August / September 2010
Newsletter: Trendlines
Price: $225.00, Subscriber Price: $157.50
Word count: 757
Abstract: It’s an odd year for estate planning, with estate tax legislation up in the air as of midyear. Although this has given rise to much estate planning uncertainty, making lifetime gifts is still an effective strategy. Lower asset values can make this a good time to transfer assets and remove future appreciation from one’s taxable estate. It’s also important to consider income taxes, as well as gift and estate taxes, and to ask whether gifting through a grantor retained annuity trust (GRAT) or charitable lead annuity trust (CLAT) might be beneficial.
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Avoid 2 costly life insurance snafus with an ILIT
May / June 2009
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 757
Abstract: Life insurance can help you provide for your loved ones’ financial security after your death. But if you own the policy, you could threaten the estate-tax-free status of your life insurance proceeds and significantly reduce the amount that’s left for your family. And if you designate a minor or legally incompetent person as a beneficiary, he or she might not receive the proceeds according to your wishes. Creating an irrevocable life insurance trust (ILIT) can avoid these problems.