Entries by Steve

IRS Announces Key Estate and Gift Tax Exemptions for 2018 | Mitchell Silberberg & Knupp LLP – JDSupra

On October 19, IRS issued Revenue Procedure 2017-58, announcing inflation adjustments for 2018 for dozens of important figures across the Internal Revenue Code, including the following two key numbers regarding the estate tax, gift tax and generation-skipping transfer (GST) tax Source: IRS Announces Key Estate and Gift Tax Exemptions for 2018 | Mitchell Silberberg & […]

Buy a co-op at a discount: All about HDFCs and how to snag one

WHAT IS AN HDFC CO-OP? There are plenty of Housing Development Fund Corporation (hence the shorthand, HDFCs) buildings across the city—including rentals—but co-ops are usually what garner interest. The original, best-known types were created several decades ago when the city allowed tenants in buildings with derelict landlords to form co-operatives, take over their buildings, and buy their apartments for […]

11 Ways to Help People Who Have Dementia but Don’t Realize it | The Intentional Caregiver

Being a caregiver for someone who has a memory deficit can be extremely challenging. It becomes even more difficult when that person is unaware of their dementia or any other limitations associated with it. Dementia can directly impact a person’s ability to follow directions, can compromise their safety,  impedes problem-solving and abstract reasoning. It can […]

Some Important Factors To Consider Before Creating A Special Needs Trust | Cole Schotz – JDSupra

A Third-Party Special Needs Trust (also referred to as a “Supplemental Needs Trust”) allows parents or other relatives of a special needs beneficiary to dedicate assets to the beneficiary by gift or inheritance without affecting his or her eligibility to receive government benefits and without any need for reimbursement of benefits that are provided by […]

4 Steps to Forecasting Cash Flow | Small Biz Ahead

Do you want to really have a great handle on your cash flow? Do you want to minimize surprises in your business and reduce stress in your life? Then you need ways to improve your cash flow and create a forecast for your small business. That’s what my smartest clients do; they are always looking […]

9 of the best Elon Musk secrets for success | Ladders

Elon Musk is the rare kind of CEO that other CEOs become fanboys about. Musk, the co-founder Tesla, is also known for his leadership at rocket company SpaceX, PayPal and Zip2 and OpenAI, not to mention his plans for the superfast train system known as the Hyperloop. Musk also launched NeuraLink in March of this year. Source: […]