The price of oil (as measured by West Texas Intermediate crude) has fallen over 27% since its early-October highs, well into “bear market” territory. The decline was arrested on Wednesday, halting the longest stretch of daily declines for oil since the 1970s. Some investors are seeing flashbacks of oil’s most recent collapse, when it fell
This article reprint was recently published in Steve Leimberg’s Estate Planning Newsletter. A New York court has found that a QTIP Trust, created for New York purposes in 2010 when the federal estate tax lapsed for the year, was not includible in the estate of the surviving spouse for New York estate tax purposes. It’s probably
Customized financing and tax and ownership advice can help amplify the benefits of your purchase. When it comes to purchasing a luxury marine craft such as a yacht, it’s important to ensure that you understand all the implications that come with it before you dive in. Considerations such as ownership structure, taxes, insurance, and where
