Articles

 When we first told you about the 3.8% Net Investment Income (NII) tax back in 2010, we noted areas of uncertainty. Recently, the Treasury Department and the IRS released proposed regulations that help clarify many issues.

On January 2, 2013, the President signed into law the American Taxpayer Relief Act of 2012. In addition, there are laws that created provisions that came into play in 2013. The major provisions are summarized below.

Before any conversations occur with an exit planning attorney, before you can make any big decisions, it’s important to have a detailed understanding of your goals for yourself and your business.

On July 2, 2012 Governor Tom Corbett signed Act 85 into law, which contained two major items of good news for Pennsylvania family farms.

The basic concept of a phantom stock plan involves a company’s agreement or promise to pay an employee or other participant in the plan an amount equal to the value of a certain number (or percentage) of shares of the company’s stock.

Learn about the five common succession planning problems that include inadequate communication, an over-promising parent, unprepared heirs, delayed planning, and lack of liquidity.

Estate Planning is a process whereby you provide for you and your loved ones if you become disabled, and upon your death you give what you own, to whom you want, when you want, and how you want them to receive it.

Whether you are a trustee or a parent, it is a good idea to have the SNT reviewed periodically (ideally, annually) with your planning team.