Legal
Nonqualified Deferred Compensation Plans for Family Businesses
By Julius Giarmarco · 15 years ago
Broadly defined, a nonqualified deferred compensation (NQDC) plan is a contractual agreement in which an employer agrees to pay an employee later for services rendered currently. The NQDC benefits typically commence upon the employee’s retirement ...
Intentionally Defective Beneficiary Trusts
By Julius Giarmarco · 15 years ago
The benefits of an intentionally defective grantor trust ("IDGT") are well known. First, the grantor’s payment of the trust’s income taxes is essentially a tax-free gift to the beneficiaries of the trust. Rev. Rul. 2004-64. ...
How to HEET Up an Estate Plan
By Julius Giarmarco · 15 years ago
Under IRC Sections 2503(e) (concerning gift taxes) and 2611(b)(1) (concerning generation skipping transfer ("GST") taxes) (hereafter the "IRC exclusion provisions") all "qualified transfers" for tuition or medical expenses are excluded from both gift and GST ...
Grantor Retained Annuity Trusts
By Julius Giarmarco · 15 years ago
A Grantor Retained Annuity Trust or "GRAT" is one of the most powerful and tax efficient wealth transfer tools available today. A GRAT allows a person to transfer the future appreciation of an asset to ...
Estate Planning for Unmarried Couples - Part Three
By Julius Giarmarco · 15 years ago
Part One of this article addresses non-tax estate planning issues confronted by unmarried couples; and Part Two this article deals with basic gifting strategies for unmarried couples. This article discusses several advanced gifting strategies that ...
Disclaimer Trusts
By Julius Giarmarco · 15 years ago
While there is a present lapse in the estate and generation-skipping transfer taxes, it’s likely that Congress will reinstate both taxes (perhaps even retroactively) some time during 2010. If not, on January 1, 2011, the ...
Avoiding the Three Year Life Insurance Transfer Rule
By Julius Giarmarco · 15 years ago
Under Internal Revenue Code Section 2035, if the insured gifts a life insurance policy to a third party (such as an irrevocable life insurance trust, or "ILIT") within three years of his or her death, ...
Conveyancing solicitors
By Tom Baker · 15 years ago
We specialize in residential conveyancing in the United Kingdom. We genuinely make a very long drawn complicated process of transferring property ownership simple and hassle free. This usually requires a licensed conveyencer or a solicitor. ...
An Overview of Dallas DUI Offense and Texas DUI Laws
By Steven Brown · 15 years ago
Charged with DUI in Dallas, leaves you with no choice other than consulting a qualified and experienced Dallas DUI attorney as early as possible. Many people think that DUI offenses are as simple as any ...
Medical Negligence
By Craig Ellyard · 15 years ago
All of us like to trust our doctors and other medical professionals we see such as our dentists. And, happily, that trust is seldom misplaced. Unfortunately, however, there are times when even doctors can make ...
Missouri Lemon Law
By Daniel Aiden · 15 years ago
Is there a lemon law for used Cars in the State of Missouri?
If you receive an express written warranty with the used car you bought the lemon law for used Cars in the State ...
Voluntary Disclosure Process: Privilege and Kovel Agreements Protect Taxpayers and Accountants
By Kevin Thorn · 15 years ago
Accounting firms and other tax professionals should seriously consider working under the guidance of an attorney when filing voluntary disclosures of previously undisclosed offshore accounts, or risk being forced to testify against their clients or ...
All Things You Need To Know About Asset Protection and Estate Planning
By James Gill · 15 years ago
Most people do not think about asset protection until it is to late. It is hard to believe, but all of us have an sort of estate. Your estate consists of your property including your ...
California Lemon Law
By Krohn Moss · 15 years ago
Runaway Toyotas with unintended acceleration - Relief under California's Lemon Law
Consumers who had been through severe ordeals with their runaway Toyotas with unintended acceleration must try getting the best out of their lemon law ...
What Happens If I Don’t Make My Chapter 13 Payment ?
By Brian Reed · 15 years ago
No one plans on dramatic financial changes, but they happen. When changes do arise to an individual in Chapter 13 bankruptcy, they might be misled into believing there is no other option than sticking to ...
Free Arrest Records
By Benjo Mars · 15 years ago
Searching for important information that you can use in order to trust someone in Michigan can now be undergone through utilizing Michigan Arrest Records. Such official documents can surely provide you with the peace of ...
States Rights Summary 03/17/10
By Aurelia Masterson · 15 years ago
Executive Summary – Many states are trying to neuter the federal government from overstepping their bounds as defined by the constitution. Here are some highlights.
Wyoming – The Governor signed the Firearms Freedom Act which ...
More States Challenge ObamaCare Nonsense
By Aurelia Masterson · 15 years ago
Idaho – The Idaho Health Care Freedom Act which is a law says "every person within the state of Idaho is and shall be free to choose or decline to choose any mode of securing ...
Buy-Sell Agreements
By Julius Giarmarco · 15 years ago
There are several reasons for business owners to enter into buy-sell agreements with their partners or co-shareholders: (1) to create a market for the owner’s business interest at certain triggering events such as death, disability ...
Three Levels of Business Succession Planning
By Julius Giarmarco · 15 years ago
One of the chief concerns facing family business owners is how to effect an orderly and affordable transfer of the business to the next generation and/or key employees. Failure to properly plan for a smooth ...