Estate Tax

9 Reasons Why You Should Consider A Living Trust

Clients often think trusts can do everything – as if they are magical creatures – the unicorn of estate planning. All their problems are solved because they have a trust. That may be the case, but it may not. Different trusts do different things.<p>Living trusts are often the topic of small talk at …

Retirement

Dying to do the right thing, he gets a tax bill | Stu Bykofsky

Leon Czikowsky, who is dying, made a generous gesture as he closes the last chapter of his life. Instead of the expected serenity, he got financial …

Real Estate

Taxing The Rich When They Die Would Make Canada A Poorer Place

Death taxes are a bad way to raise revenue, while causing major, detrimental side effects to the economy.<p>These are challenging times for the Canadian …

Income Inequality

Giving For All the Right Reasons

Capital Acumen 34<p>Making a difference — not a tax deduction — motivates wealthy individuals to give back to their communities.<p>BY JAMES MOORE, U.S. Trust<p>Dan Page/Theispot.com<p>FOR MANY AMERICANS, the tax cuts President Trump and the United States Congress delivered last December were the ultimate …

Retirement

Family Philanthropy: Giving at All Ages | Investopedia

Although you may not know it, you likely began to learn about money at a young age. If you’re like most people, you had a piggy bank when you were …

Financial Planning

How to Manage Money After Losing a Spouse | Investopedia

The death of a spouse can be one of the most challenging things a person can endure. The emotional impact, changes to your family structure and loss …

Retirement

Edward Cheung on China’s Modern Property Tax System

How to prepare for one of the nation’s most breakthrough economic reforms?

Real Estate

Scorching Summers Melt Away America's Growth

Global warming could come with dire consequences for the U.S. economy.<p>June 2018 was the third-warmest on average across the contiguous forty-eight …

Economics

The 4 D's Every Business Owner Needs to Plan For

For most entrepreneurs, the goal of building their own company isn't just to achieve short-term success -- it's to build a business that will stand …

Retirement

Pat Toomey, the supply-siders' field marshal in the Senate

In a meeting in Senate Majority Leader Mitch McConnell’s office almost a year ago, Pat Toomey and Bob Corker reached a deal: They would include a tax …

Politics

Are You Ready for Longevity? 4 Steps to Take Now

A long life is a great gift, but with the joys come some financial and legal challenges. The earlier you act to address them, the better off you and …

Retirement

Not a citizen? These estate planning rules matter

Estate planning is different for non-citizens.

Retirement

Paul LePage Was Saying Whatever He Wanted Before That Was a Thing

LEWISTON, Me. — Maine just ended its fiscal year in the black, with a healthy surplus of $176 million, a far cry from a few short years ago when it was hemorrhaging red ink.<p>Other governors might spend weeks boasting about such an accomplishment. But Gov. Paul LePage, Maine’s two-term Republican …

Politics

Calling Safe Consumption Sites by a Different Name Increases Public Support

A new study found that, all other things being equal, people were more likely to support "overdose prevention sites" opening in their community.<p>One way to reduce the danger of injecting drugs, research suggests, is by creating spaces where people can take drugs under medical supervision. When …

Public Health

Progressive Real Estate Tax Hike Referendum Gets Public Hearing

Voters could make Evanston the first municipality in Illinois to adopt a progressive real estate transfer tax.<p>EVANSTON, IL — The Evanston City …

Real Estate

CT Primary Election 2018 Results: Battle To Succeed Malloy

Registered Republicans and Democrats will head to the polls Tuesday to decide party nominees for governor and other races.<p>HARTFORD, CT — Registered …

Income Tax

Taxpayers, Take Notice

School Department<p>This post was contributed by a community member.<p><i>I am writing this letter to alert the hardworking taxpayers of Burlington of some of</i> …

Finance

St. Louis eyes new guidelines for tax abatement

St. Louis economic development officials are finalizing a map to guide where property tax abatement will be offered in the city as part of a …

Urban Design

BENESCH Q2 FAMILY OFFICE MARKET INTELLIGENCE REPORT - Nashville Business Journal

<b>Family Office News</b><p><b>Five cross-generational transformations of successful family enterprise</b> As family businesses grow and are passed on through …

Nashville

Lynnfield Woman Pleads Guilty To Filing False Tax Returns

Karyn M. Ingram pleaded guilty Thursday to three counts of filing false tax returns.<p><i>A release from the Department of Justice and the IRS:</i><p>BOSTON – A …

Corruption

Democrats take a new look at Collins' opponent

ALBANY — Last week, the Democratic Congressional Campaign Committee wasn’t returning Nate McMurray’s texts.<p>This week, House Democratic whip Steny Hoyer of Maryland called to offer support. "He was very kind," McMurray said.<p>McMurray, a 43-year-old town supervisor in Grand Island, N.Y., said it’s …

Government

Good economic news for Philadelphia: Tax revenues, wages up | Joel Naroff

There are lots of high-profile stories about Philadelphia's government, most questioning its operations.<p>Yet, when a good report about the state of …

Economics

The Cheapest And Most Expensive States For The Rich To Live In, Charted

If you're rich and want to avoid heavy tax burdens, Wyoming, the least populous state in the US, is actually the most favorable place for you to live …

Income Tax

How Do Town and Village Property Taxes Work in the Hamptons?

<i>Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question.</i><p><b>Q: I'm looking to buy a property in the</b> …

Real Estate

Will I owe N.J. inheritance tax on out-of-state inheritance?

Q. I recently inherited an IRA from my brother who died a month ago. He lived in Maine and I live in New Jersey. What do I have to pay inheritance …

Retirement

3 Tax Breaks That May Be Better in the Long Run

Talk to a tax expert long enough and you’re likely to hear some variant on this phrase: Don’t let the tail wag the dog.<p>It makes sense. Focus too much on the details, and you may lose sight of the big picture. When it comes to taxes — the tail in this case — a short-term tax benefit may not be the …

Business

$2 Trillion Here, $2 Trillion There, and Soon We’re Talking Real Money

I know you know that Republicans throw money at the rich. Doctrines may shift, Russia may go from bad guy to BFF, NATO may defend the free world one …

Income Tax

John Stossel: Bernie Sanders is all over the internet – Here’s what his videos are not telling you

Sen. Bernie Sanders is all over the internet!<p>New York Magazine says he is “quietly buildinga digital media empire.”<p>Mic.com calls it “one of the most powerful progressive media outfits in America.”<p>This matters because bettors rank Sanders one of the top four Democratic presidential contenders.<p>I …

Middle-class

Wallace Jordan Ratliff & Brandt adds Bob Loftin as partner - Birmingham Business Journal

By Angel Coker <br>– Banking and Legal Reporter, Birmingham Business Journal<p>Aug 8, 2018, 12:22pm CDT<b><br>Updated</b> Aug 9, 2018, 10:02am CDT<p>A veteran local …

Birmingham, AL

The cost of dying in all 50 states

It’s not something most people like to think about, but funeral costs can add up fast. One of the biggest factors impacting funeral expenses — and the cost of dying in general — is the state where the death certificate is issued.<p>The average out-of-pocket expenditures toward end of life necessities …

Retirement