Not only is the premature loss of life lamentable, but so too is the loss of the millions, or even billions, of estate tax that can and should be collected from
these very wealthy estates.
The bulk of this windfall would go to a relative handful (fewer than 200) of
the very wealthiest estates valued at over $ 10 million each.
Not exact matches
It's
very wealthy, and that's where a lot of these accusations with Skelos and Silver have to do with, real
estate donations, deals, special favors.
And he says upping the threshold on the
estate tax is a «huge give - away to the
very wealthy».
Right now she's vowing to wreck the whole Grand Bargain unless she gets her way on
Estate Taxes — lowering them for the
very wealthy folks who have underwritten her — and her family's — political careers.
«Lenny's biggest issue was he wanted to see the
estate tax go away, which is
very understandable when you're as
wealthy as he was,» Gural noted.
Howard Milstein's 149 LLC's: If Cuomo LLC contribution cap passes he will «only» be able to contribute $ 745,000 via his existing LLCs Howard Milstein is a
very wealthy NYC real
estate developer, and major political donor, who was appointed by Governor Cuomo to chair the board of the NYS Thruway Authority.
Progressive groups and labor unions have argued against lowering the top rate on the
estate tax, saying it's a give away to the
very wealthy.
This year's temporary expiration of the
estate tax may be a boon for heirs of
very wealthy decedents, but actually increases the amount of tax paid by many other heirs.
Unless you're
very wealthy, you won't be able to buy enough properties in enough different geographic locations to truly diversify your real
estate investments.
They became
very wealthy as real
estate investors also because they knew what to do — and even more importantly, they knew what to avoid doing.
It was an especially juicy story because the Danes were owned by a
very wealthy woman who lived in an
estate mansion.
In fact, a number of
wealthy families are lucky to own their
very own
estate at Calatagan's beach front.
Personal injury clients, for example, are looking for something
very different than what might attract a
wealthy estate planning client.
My
estate planning clients range from the
very modest to the
very wealthy.
It's a
very folksy business model that he has and his customers are big businesses that do manufacturing, industry, traditional businesses, so he's
very much in the same vein as say a business lawyer or an
estate planning lawyer who's going after
wealthy clients so I thought he was worth listening to.
Since the mid-1980s, Second - to - Die Life Insurance has become popular with
wealthy couples as a method of offsetting their
estate tax liabilities, or for creating larger legacies for a
very small premium.
Even if you are
very wealthy such as a millionaire would be, the
estate taxes that your family members would be subjected to would be extreme.
«Because
estate taxes are only applicable to a small percentage of (
very wealthy) people that die each year, those policies are
very large,» says Elaine Tumicki, corporate vice president of product research for LIMRA, an insurance and financial services trade group based in Windsor, Conn..
Especially if you don't plan to live
very long or be
wealthy enough to have
estate tax exposure.
«Permanent policies are best suited as
estate planning tools for the
very wealthy who are facing
estate tax situations, or for sophisticated charitable intentions,» says certified financial planner Andy Tilp, president of Trillium Valley Financial Planning near Portland, Oregon.
Just as exceptionally
wealthy people don't need life insurance, those with
very small
estates don't necessarily need it either.
In essence, this structure enables the average investor to participate in an echelon of real
estate that was previously reserved for corporations, pension funds, REITs, and the
very wealthy.
Fundrise's Ben Miller, 38, who co-founded the firm with his younger brother Dan, told Crain's New York: «We're democratizing real
estate investments that used to be accessible only to institutional investors or the
very wealthy.
If it is possible, as some suggest, for people to quickly become
very wealthy by dealing in real
estate, then, unfortunately, people on the opposite side of the same transaction may, just as quickly, lose some of what they have invested.
All of us at the Savannah Real
Estate Investors Alliance want to THANK YOU for being a part of our family and want to wish you and yours a
very Merry Christmas, Happy Holidays and a Very Happy, Healthy and Wealthy New Y
very Merry Christmas, Happy Holidays and a
Very Happy, Healthy and Wealthy New Y
Very Happy, Healthy and
Wealthy New Year!
Real
estate agents who cater to the
very wealthy typically specialize in the luxury property niche, but there's more to working with the ultra-rich than simply showing expensive homes.