Inheritance tax

Linda Mack of Mack International was a featured panelist on a webcast sponsored by Family Enterprise USA on July 26, 2023

Retrieved on: 
Thursday, August 17, 2023
Linda, PALM, Work (human activity), Mack, Probability, Inheritance tax, Income tax, Classification, Culture, Squire Patton Boggs, Capital gains tax, Mentorship, Wealth tax, Congress, Mack-International Motor Truck Corporation Building, Webcast, Growth, Estate tax in the United States, Risk and strategic consulting, Management, Brownstein, Family

WEST PALM BEACH, Fla., Aug. 17, 2023 /PRNewswire-PRWeb/ -- Linda Mack of Mack International was a featured panelist on a webcast discussing the latest trends in family office and family business recruiting and retention sponsored by Family Enterprise USA. The webcast, entitled "Navigating Today's Job Market: Recruiting and Retention Strategies for Family Businesses" was led by Pat Soldano, President of Family Enterprise USA. The panel included Linda Mack, Laura Lawless, a partner at Squire Patton Boggs, and Preston Rutledge, Strategic Consulting Advisor at Brownstein, Hyatt, Farber Schreck.

Key Points: 
  • WEST PALM BEACH, Fla., Aug. 17, 2023 /PRNewswire-PRWeb/ -- Linda Mack of Mack International was a featured panelist on a webcast discussing the latest trends in family office and family business recruiting and retention sponsored by Family Enterprise USA.
  • The webcast, entitled "Navigating Today's Job Market: Recruiting and Retention Strategies for Family Businesses" was led by Pat Soldano, President of Family Enterprise USA.
  • Speaking on retention, Ms. Soldano asked the panel about the changes Family Businesses are making to keep employees happy.
  • Family Enterprise USA represents and celebrates all sizes, and industries of family businesses and multi-generational employers.

High Net Worth Individuals Face a Challenging Wealth Planning Landscape

Retrieved on: 
Wednesday, July 5, 2023
Workforce, Senior, IRS, Inheritance tax, Ryan LLC, Internal Revenue Service, Estate, Economy, Tax, Privacy, Corporate transparency, LBMC, Confidentiality, Knowledge, Weather, Property management, Life insurance

High net worth individuals must pay close attention to new conditions and how they will impact their wealth planning strategies.

Key Points: 
  • High net worth individuals must pay close attention to new conditions and how they will impact their wealth planning strategies.
  • "Given the upcoming changes in tax laws, regulatory environments, and economic conditions, it is vital for high net worth individuals to proactively review and adjust their wealth planning strategies," advises David Frederick, J.D., LL.M.
  • High net worth individuals using these structures for asset protection and confidentiality will need to adapt to new regulations, potentially with high administration costs and lower privacy protections.
  • To navigate this increasingly complex landscape, high net worth individuals are strongly encouraged to seek guidance from experienced estate planning professionals.

Bloomberg Tax Announces 2022 Recipients of Outstanding Author Awards for Estates, Gifts, and Trusts

Retrieved on: 
Wednesday, January 18, 2023
Trust, IRS, Transfer, American College of Trust and Estate Counsel, Estate, University of Miami School of Law, Withers LLP, Starlink, PL, Goldstein, Drake University Law School, Estate planning, University, Publication, Private practice, Common Wealth Award of Distinguished Service, American College, Inheritance tax, New York University School of Law, Lawyer, Physician, Senior advisor, Counsel, Author, National Association, LLP, Book, Law, Florida International University School of Architecture, SLAT, Spouse, Journal, LLM, Life insurance, Property management, Gassman

ARLINGTON, Va., Jan. 18, 2023 /PRNewswire/ -- Bloomberg Tax & Accounting today announced its 2022 honorees for outstanding authorship in estates, gifts, and trusts and the recipient of the 2022 Leonard L. Silverstein Award for Distinguished Service in Estates, Gifts, and Trusts Taxation. The awards were presented at a luncheon at the 57th Annual Heckerling Institute on Estate Planning, which took place in Orlando from January 9-13.

Key Points: 
  • ARLINGTON, Va., Jan. 18, 2023 /PRNewswire/ -- Bloomberg Tax & Accounting today announced its 2022 honorees for outstanding authorship in estates, gifts, and trusts and the recipient of the 2022 Leonard L. Silverstein Award for Distinguished Service in Estates, Gifts, and Trusts Taxation.
  • The awards were presented at a luncheon at the 57th Annual Heckerling Institute on Estate Planning, which took place in Orlando from January 9-13.
  • Michelle Graham was named the Tax Portfolio Author of the Year award for her work on Portfolio 842 T.M., Transfers to Noncitizen Spouses.
  • He was the lead author on Bloomberg Tax's Estate Tax Planning in 2011 and 2012 and has published many additional resources on trusts and tax planning.

Anchin Continues to Bolster its Ranks, Adding Experienced Talent to Fuel Further Growth in its Private Client and Real Estate Groups

Retrieved on: 
Tuesday, December 13, 2022
Trust, Housing, Inheritance tax, Calendar, CPA, Professional services, Executive Committee, EA, Advertising media selection, Growth, Real, Erica, Real estate, Kushner Real Estate Group, TEP, Financial services, Anchin Abbey

Kevin Brown has joined as a Principal in the Firm's Private Client group, and Erica Cohen as a Director in the Real Estate group.

Key Points: 
  • Kevin Brown has joined as a Principal in the Firm's Private Client group, and Erica Cohen as a Director in the Real Estate group.
  • All these actions are indicative of Anchin's commitment to serving its expanding and sophisticated client base.
  • She has over 10 years of experience providing assurance, advisory, tax, and accounting services to privately held companies, primarily in the real estate industry.
  • Erica serves clients in commercial and residential real estate, affordable housing projects, real estate development, real estate funds, and hospitality and service organizations.

Linda Mack of Mack International was the featured guest on a podcast webinar sponsored by Family Enterprise USA and Policy and Taxation Group October 19, 2022

Retrieved on: 
Thursday, November 10, 2022
Linda, Interview, Estate tax in the United States, Education, Income tax, Family, Efficiency, Mack-International Motor Truck Corporation Building, Capital gains tax, Wealth tax, Inheritance tax, Growth, Tax, Policy, Industry, Congress, Management, Life insurance

WEST PALM BEACH, Fla., Nov. 10, 2022 /PRNewswire-PRWeb/ -- Linda Mack of Mack International was the featured guest on a podcast webinar co-sponsored by Family Enterprise USA (FEUSA) and Policy and Taxation Group (PATG) October 19, 2022. The interview was conducted by FEUSA President, Pat Soldano on Recruiting and Retention Strategies for Top Leadership. The webinar has been recorded and can be accessed through the following link:

Key Points: 
  • What that is doing is really pushing Family Offices and Family Businesses to be much more professional, institutional and planning oriented.
  • Candidates that will be most coveted by Family Offices in their C-suite will be less reactive and more proactive and strategic.
  • "Multi-generational family businesses and family business offices have to grapple with leadership issues other businesses do not have to deal with," said Pat Soldano, President, Family Enterprise USA.
  • Family Enterprise USA represents and celebrates all sizes, and industries of family businesses and multi-generational employers.

Digital Probate Significantly Faster Than Paper Applications, Says Legacy Wills & Probate

Retrieved on: 
Monday, August 15, 2022
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Todays probate solicitors are faster and more efficient than ever, thanks to the digital infrastructure currently in place.

Key Points: 
  • Todays probate solicitors are faster and more efficient than ever, thanks to the digital infrastructure currently in place.
  • That means digital applications for probate are significantly faster to submit, review and amend where required.
  • Its no surprise, Says Stephen Mills, Senior Consultant at Legacy Wills & Probate, that more probate solicitors than ever are choosing to use digital probate applications.
  • This could help to speed up the probate application process for both digital and paper applications, and significantly reduce the Inheritance Tax stoppage rates.

Capital Strategies Group & Goldstein Financial Group Join Forces With Chicago Expansion

Retrieved on: 
Wednesday, August 10, 2022
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CHICAGO, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Capital Strategies Group, Inc. is pleased to announce that it has joined forces with Goldstein Financial Group, LLC ("GFG"), an independent life insurance brokerage and consulting firm based in Chicago, Illinois.

Key Points: 
  • CHICAGO, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Capital Strategies Group, Inc. is pleased to announce that it has joined forces with Goldstein Financial Group, LLC ("GFG"), an independent life insurance brokerage and consulting firm based in Chicago, Illinois.
  • Allan and his team are a true asset for Capital Strategies," stated David F. Byers Jr., J.D., LL.M, Managing Principal of Capital Strategies.
  • In addition to Mr. Goldstein, Capital Strategies' expansion into Chicago will be led by Mr. Byers;T. Hudson Williams, J.D., LL.M.
  • Capital Strategies Group, Inc. is independently owned and operated.Capital Strategies Group, Inc. is a member of M Financial Group.

Taft University's Online Master of Science in Taxation Program: Tailored for Enrolled Agents & Other Tax Professionals

Retrieved on: 
Tuesday, May 26, 2020
Economies, Government, Public law, Tax, Tax law, William Howard Taft University, Master's degree, Inheritance tax, Master of Arts

LAKEWOOD, Colo., May 26, 2020 /PRNewswire/ --For decades, William Howard Taft University has offered high quality distance education degree programs, including an online Master of Science in Taxation (MST) program that offers hands-on practice and up-to-date knowledge of tax law.

Key Points: 
  • LAKEWOOD, Colo., May 26, 2020 /PRNewswire/ --For decades, William Howard Taft University has offered high quality distance education degree programs, including an online Master of Science in Taxation (MST) program that offers hands-on practice and up-to-date knowledge of tax law.
  • The Master of Science in Taxation is considered the terminal degree for taxation.
  • With electives covering real estate tax, estates and trusts, exempt organizations, and other niche areas of taxation, you can tailor your degree to your career goals.
  • Normally, a Bachelor's degree and three years of tax experience is required to get into our Master's program.

Inheritance Tax Act 1984 (Amendment) (Siblings)

Retrieved on: 
Wednesday, January 15, 2020
Taxation in the United Kingdom, Economies, Countries, Inheritance tax, Inheritance Tax in the United Kingdom, Estate tax in the United States

Latest Bill

Key Points: 
  • Latest Bill

    Latest news on the Inheritance Tax Act 1984 (Amendment) (Siblings) Bill [HL] 2019-20

    First reading took place on 14 January.

  • This stage is a formality that signals the start of the Bill's journey through the Lords.
  • Second reading - the general debate on all aspects of the Bill - is yet to be scheduled.
  • Summary of the Inheritance Tax Act 1984 (Amendment) (Siblings) Bill [HL] 2019-20

    A bill to amend the Inheritance Tax Act 1984 to make transfers between siblings exempt in certain circumstances

Inheritance Tax

Retrieved on: 
Saturday, July 6, 2019
Economies, Countries, Inheritance Tax in the United Kingdom, Personal allowance, Inheritance tax, Tax, Income tax, Estate tax in the United States, Nil rate band, Taxation in the United Kingdom

Friday, July 5, 2019This paper gives a brief summary of the structure of inheritance tax before looking at the debates there have been about the tax in recent years.

Key Points: 
  • This paper gives a brief summary of the structure of inheritance tax before looking at the debates there have been about the tax in recent years.
  • Inheritance tax (IHT) is levied on the value of a persons estate at the time of their death.
  • [2] It is estimated that the tax was paid on 21,000 estates at death in 2017/18, representing under 4% of all deaths.
  • There are some gifts which one can make in the last seven years of ones life which do not attract tax.
  • By the middle years of the decade commentators were predicting that very many more families would have to make provision to pay for the tax in future, though even at this point, at the peak of the UK housing market, tax was paid on around 6% of all estates at death.
  • In its agreement published after the election, the Conservative-Liberal Democrat Coalition Government made a number of tax proposals including a substantial increase in the income tax personal allowance from April 2011.
  • The agreement went on to state that the new Government would further increase the personal allowance to 10,000, making real terms steps each year towards meeting this as a longer-term policy objective, and that it would prioritise this over other tax cuts, including cuts to Inheritance Tax.
  • [8] In its manifesto for the 2015 General Election the Conservative Party stated that in government, we will take the family home out of tax for all but the richest by increasing the effective Inheritance Tax threshold for married couples and civil partners to 1 million, with a new transferable main residence allowance of 175,000 per person.
  • The Budget report noted that, given this, the effective inheritance tax threshold will rise to 1m in 2020/21.
  • [19] Notes : [1] Tax rates and allowances for 2019/20 are set out in Annex A to HM Treasury, Overview of Tax Legislation and Rates, October 2018.