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The decreasing value of assets due to the impact of the current economic crisis can be turned into an advantage in the case of federal estate taxes. Estate executors have the option of electing an alternative valuation date in order to reduce tax liability. (PRWeb Dec 5, 2008) Read the full story at http://www.prweb.com/releases/estateplanning/estatetax/prweb1702784.htm
(ARA) - With the economy struggling and many Americans adjusting the way they spend, now is a great time to do some financial planning. But with so many things to consider, sometimes it's hard to know where to start.
Dec. 5 (Bloomberg) -- California , the world’s eighth largest economy, may pay vendors with IOUs for only the second time since the Great Depression, State Finance Director Mike Genest said.
Melanie Cameron finished up her training to sell distressed properties at the end of October. As of late November, she had had only one closing of a so-called short sale in Wilmington.Yet she sees her 12-week course to be a "certified distressed property expert" as a way "to prepare myself to help people in the future."
Eyeing a recently signed teachers contract that is pushing annual starting salaries to more than $40,000 and an impending 4.8 percent real estate tax hike, Mary Anne Bordwick pressed Lewisburg school officials as to why senior citizens can't catch a break.
In breakup, divorce or death, community or common law will determine how property is divided.
CHICAGO----Ventas, Inc. said today that it has closed eight first-mortgage loans aggregating $126 million , secured by eight seniors housing communities managed by Sunrise Senior Living, Inc. .
NEW YORK----Fitch Ratings has assigned an 'AA-' rating to New York City's $308 million general obligation bonds fiscal 2009 series G, consisting of the following:
ST. PAUL, Minn. -- The Internal Revenue Service reminds taxpayers they have just a few weeks left to make final tax--related financial moves for the 2008 tax year....
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