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Crossing State Lines to Gain Tax Savings and Other BenefitsMay 31, 2019Tamir Dardashtian, Principal and Michael Rudegeair, Senior Manager - Anchin Private Client

People who live in states with high income taxes sometimes relocate to a state with a more favorable tax climate. A similar strategy can be available for trusts. If a trust is subject to high state income taxes, it may be possible to make changes to reduce tax exposure. Read More

Crossing State Lines to Gain Tax Savings and Other Benefits
Estate Planning for Single Parents Requires Special Considerations
Estate Planning for Single Parents Requires Special Considerations
May 31, 2019Jared Feldman, Co-Leader, Anchin Private Client

While estate planning for single parents is similar to estate planning for families with two parents, when only one parent is involved, certain aspects demand special attention. Read More

Estate Planning for Single Parents Requires Special Considerations
How to Transfer Art Investments to Future Generations
How to Transfer Art Investments to Future Generations
May 31, 2019Gary Castle, Senior Advisor, Anchin Private Client

It is said that beauty is in the eye of the beholder, and that statement may never ring so true as when families are deciding how and whether to transfer their art investments to future generations. Read More

How to Transfer Art Investments to Future Generations

  • Understand the Fraud Triangle to Help Combat Occupational Fraud
    Understand the Fraud Triangle to Help Combat Occupational Fraud5/30/2019Written by: David M. Beckman, CPA, CFF, CFE

    Occupational fraud costs companies an estimated 5% of their revenue every year. On a global scale, that represents approximately $4 trillion lost annually. Despite these figures from the Association of Certified Fraud Examiners’ 2018 Global Study On Occupational Fraud And Abuse (ACFE Study), many companies fail to incorporate comprehensive policies and procedures to prevent, detect and mitigate fraud. Gaining an understanding of the Fraud Triangle can help management, accountants and counsel develop proper internal controls to help combat fraud in the workplace.

  • Financial and Other Considerations When Starting a Private Equity or Venture Capital Fund
    Financial and Other Considerations When Starting a Private Equity or Venture Capital Fund5/9/2019Anchin's Private Equity Practice

    Getting a private equity or venture capital fund off the ground takes more than a successful investment strategy. From the outset, you need to consider and plan for the lifespan of the fund, from concept to realization and eventual liquidation. These funds are far more complex and require significantly more financial planning than a typical long-short equity fund.

  • The Original Will: Can It Be Located?
    The Original Will: Can It Be Located? 4/30/2019 E. Richard Baum, Tax Partner, Anchin Private Client

    In a world that is increasingly paperless, many people are becoming accustomed to conducting a variety of transactions digitally. When it comes to one’s Last Will and testament, however, only an original, signed document will do.

  • External Oversight Helps Keep Construction Costs in Line
    External Oversight Helps Keep Construction Costs in Line4/30/2019Margaret Kolb and Anthony Bracco

    Increasingly, project owners are turning to outside experts for construction cost oversight to address these concerns. 

  • Family Financial Fitness Part 2
    Family Financial Fitness Part 24/30/2019Mela Garber, Tax Leader, Anchin Private Client

     In instances when the family member who typically takes care of the finances falls ill and is unable to continue, a child may need to step in.

  • Insights on the Second Set of Qualified Opportunity Zone Regulations
    Insights on the Second Set of Qualified Opportunity Zone Regulations 4/25/2019Marc Wieder, CPA, CGMA

    The long awaited second set of proposed regulations to the Qualified Opportunity Zone (QOZ) program were released on April 17, 2019. Unfortunately, per the U.S. Treasury, certain sections of the regulations can be relied upon by the taxpayer and some cannot.

  • A Total Return Unitrust Can Help Maintain Family Harmony
    A Total Return Unitrust Can Help Maintain Family Harmony 3/20/2019Tamir Dardashtian, Principal and Michael Rudegeair, Senior Manager - Anchin Private Client

    A traditional trust can sometimes create a conflict between the lifetime and remainder beneficiaries. For example, investment strategies that provide growth that benefits remainder beneficiaries can leave lifetime beneficiaries with little or no annual payouts. This makes it more difficult for a person’s estate plan to achieve his or her objectives and places the trustee in a difficult position. A total return unitrust (TRU) may offer a solution.

  • Family Financial Fitness
    Family Financial Fitness3/20/2019Mela Garber, Tax Leader, Anchin Private Client

    Sometimes a change in circumstances forces a change in responsibilities at a time when all parties are not necessarily ready. In instances when the family member who typically takes care of the finances falls ill and is unable to continue, a spouse or child may need to step in.

  • The 2018 Gift Tax Return Deadline Is Almost Here
    The 2018 Gift Tax Return Deadline Is Almost Here3/20/2019 E. Richard Baum, Tax Partner, Anchin Private Client

    Large gifts made last year, such as ones made to children, grandchildren or other heirs, require filing a gift tax under certain circumstances. It is important to determine whether filing a 2018 gift tax return is required – or whether filing one would be beneficial even if it isn’t required.

  • Guide to Maximizing Social Security Benefits
    Guide to Maximizing Social Security Benefits3/1/2019

    Anchin, Block & Anchin LLP is pleased to present this compilation of strategies, “Guide to Maximizing Social Security Benefits”. Social Security benefits play an important role for retiring baby boomers. Different Social Security strategies can help to boost your monthly benefit if planned in advance. In order to optimize the use of these strategies, you need to know the basics about Social Security benefits. The strategies in this booklet explain various alternatives that can maximize Social Security benefits for your family.


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