Most other assets owned by an individual receive a step - up in cost basis upon the death of the person, eliminating all capital gains on those assets up to that point in time.
Not exact matches
Those returns were incredibly volatile — a stock might be down 30 % one year and up 50 % the next — but the power of
owning a well - diversified portfolio of incredible businesses that churn out real profit, firms such as Coca - Cola, Walt Disney, Procter & Gamble, and Johnson & Johnson, has rewarded owners far more lucratively than bonds, real estate, cash equivalents, certificates of deposit and money markets, gold and gold coins, silver, art, or
most other asset classes.
You want to
own assets that tend to move opposite of
most other investments.
In addition to being one of the
most comprehensive and useful retirement calculators — really more like a virtual financial advisor — the tool can instantly tell you how your retirement income, expenses,
assets, debt and net worth compare to
other people in your
own zip code.
Private households in the UK
own an estimated # 10.3 trillion in property and
other assets,
most of which is relatively lightly taxed.
Not only are the extremely risky compared to
other assets,
most young people won't be able to
own those in a tax deferred account for a long time because they won't have the capital inside the account.
While
most lenders consider equity in real estate as safe collateral, they may consider many
other assets to secure the transaction, such as land, machinery, equipment, and
other vehicle that you may
own.
Prior to the BAPCPA reforms,
most people qualified for a Chapter 7 bankruptcy so Chapter 13 was mostly used by homeowners that wished to keep their home and had significant equity, or those who
owned other assets with substantial value that they did not want to expose to liquidation and disbursement to creditors.
Owning a home typically means
most families are already over-invested in real estate, so
other asset classes should be explored, says Van Nest.
We're tough around here, and we can take it if someone's talking behind our backs: Hilton Kramer, testy art critic for the New York Observer, came to San Francisco on «
other business,» he writes, but managed to stop in at the Museum of Modern Art, where he glanced at the Gerhard Richter show (which he'd «already suffered through at MoMA in New York») and looked both at the permanent collection (early Matisses «remain, in my opinion, SFMOMA's principal aesthetic
asset») and the Ellsworth Kelly exhibition («What could be more personal than the persistent, unvarying project of self - abnegation on a monumental scale that we observe in his
own most ambitious abstractions?»
And this is a big
asset for this company, you know, they
own this thing at a time when California forced them and the
other utilities to sell
most of their power plants years ago.
Legally you are only required to carry the state minimums, but
most industry experts recommend carrying much higher limits, especially if you
own a home or have
other assets that could be at risk if you are responsible for a serious accident.