If stock options comprise a portion of your compensation, it’s imperative that you understand what you own and how to value it within your overall financial picture.A stock option gives you the right to buy a certain number of the company’s shares at a fixed price for a certain number of years.There are two principal types of stock options— “incentive options” and “non-qualified options”— each with unique rules and tax consequences.
Discover the pros and cons of purchasing and leasing aircraft. Some companies may be subject to requirements prohibiting aircraft ownership due to shareholder or insurance liability concerns.A lease arrangement may be more flexible than purchase of an aircraft.An experienced professional can customize provisions and options in your aircraft lease to meet the specific business, tax, and accounting requirements of your company.
One estate planning option to help reduce your taxable estate and protect assets for beneficiaries. A discretionary sprinkling trust is designed to provide distributions to those beneficiaries who need them the most.The trustee is given the discretion to “sprinkle” income and/or principal among several beneficiaries or to let it accumulate in the trust.