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Supreme Court Clarifies Estate Tax Consequences for Closely Held Company | JD Supra
JD Supra· 2 days agoCourt held in Connelly v. United States, No. 23-146, 602 U.S. (2024), that a closely held company’s obligation to purchase a decedent’s shares at fair market value did not offset the value of ...
Marcum Wealth LLC Raises Position in Abbott Laboratories (NYSE:ABT)
ETF DAILY NEWS· 13 hours agoMarcum Wealth LLC lifted its stake in Abbott Laboratories (NYSE:ABT – Free Report) by 6.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission ...
Client Advisory: Valuing Closely-Held Stock for Estate Tax Purposes | Connelly v. U.S. | JD Supra
JD Supra· 5 days agoUnited States involved determining the fair market value of a closely-held corporation for purposes of estate taxation. A corporation, owned by two brothers, was obligated to buy back the shares ...
6 Money Moves You Must Make When You Get Married
GOBankingRates via Yahoo Finance· 9 hours agoTying the knot is a big decision for any couple embarking on a new life together--but it's especially significant when it comes to money matters. You're...
Ex-state Rep. Annazette Collins sentenced to 1 year in prison in tax case stemming from Madigan...
Chicago Tribune· 1 day agoFormer state legislator Annazette Collins was sentenced to a year in federal prison Friday in a tax...
Man accused of using Wolcott woman’s credit card after death, forging documents for life insurance
Hartford Courant· 4 days agoA Southington man faces fraud charges for allegedly using a woman’s credit card to make multiple...
Exclusive | The Mega Commission That Got Away From a Veteran Insurance Agent
The Wall Street Journal· 5 days agoFor 32 years, Richard Reda lived off commissions from selling modest life-insurance policies to...
What happens to your debt after you die? How to protect your heirs
Bankrate via Yahoo Finance· 5 days agoAssets that may be used to pay off debt could include: Real estate. Vehicles. Securities. Jewelry...
Wife was into fitness and death was 'a shock'
BBC via AOL· 2 days agoHer husband Robert Hammond, 47, was facing a "surging mountain of debt and financial pressures" and had paid off her life insurance policy arrears in the ...
Japan’s Mighty Insurers Bet on Dollar Staying Strong for Longer
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Japanese life insurers dialed back their protection against a rebounding yen to a...
