Posts Tagged "Taxes"

Jointly Held Property: Good or Bad Idea?

Posted by on Jun 15, 2013 in Litigation, Probate, Real Estate, Tax | 0 comments

A frequent question that comes to us as lawyers is whether or not it is a good idea to maintain jointly held property.  The context of these issues often relate to situations where parents want to put their children’s name on their bank accounts or where siblings hold real estate jointly that once belonged to parents.  These questions about jointly held property come up with regard to all different types of property such as investment accounts, bank account, real property and even interests in debt where a party or parties are owed money pursuant to a promissory note.  Frequently the...

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Investment Adviser Fees

Posted by on Jun 25, 2012 in Estate Planning, Federal Taxes, Securities Arbitration | 0 comments

Below is a link to an interesting article about whether investment management fees are deductible.  We are seeing a number of clients come to our office that have entered into management agreements for their investment accounts without ever considering the true costs of those agreements.  Some simply assume that the costs they are paying would be deductible off of their taxes and are later surprised by the fact that they have earned to much money for that to be so. Are Investment Management Fees Tax Deductible? This serves as yet another reminder of the fact that investors should thoroughly...

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Business Owners’ Biggest Legal Concerns

Posted by on May 2, 2012 in Business General Counsel, Business Planning | 1 comment

We are interested to hear from business owners on this topic.  What is your biggest concern related to the legal issues of your business? Human Resources and employee matters Record keeping and retention Taxes Government compliance Collecting from customers Being sued by customers Understanding contracts with customers and vendors Banking issues and loan covenants Raising funding through less traditional methods (venture capital or angel investors) Passing the business down to the next generation Shielding personal assets from your business liabilities (or vice versa) The fear that there is...

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