Many people have heard they should avoid probate, but few understand what probate is and how the process works. Probate Fees Both the lawyer and the executor are entitled to fees from an estate. In addition, there will be court costs, appraiser’s fees, and may be other expenses. – Nolo What Is Probate? Probate is…
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Long-Term Growth: Why It’s So Important to Get It Right
When appraisers select from the menu of appraisal techniques, the income approach is a popular choice. This technique derives value by converting anticipated economic benefits into their net present value. Long-term sustainable growth is a key ingredient. Capitalization of Earnings Method Here’s the “recipe” for valuing a business under the income approach, when the subject company’s earnings…
Spotlight on Gains from Qualified Small Business Stock
Whether you’re thinking about starting your own business or investing in a start-up, there’s an exciting tax break that could sweeten the deal: Gains from selling qualified small business stock (QSBS) that you acquire on or after September 28, 2010, are potentially eligible for a 0% federal income tax rate. Tax-Free Rollovers of QSBS In…