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What Is a Step Up in Basis at Death and How Can I Use it to Save Taxes for the Next Generation?
As a general rule, disposing of an asset that has appreciated in value triggers a tax obligation to the Internal Revenue Service (IRS). If you have held the asset for less than a year, you will owe ordinary income tax; if you have held it for a year or longer, you...
Estate Plan After Divorce: Practical Considerations
When you go through a divorce, dealing with the legal and financial hurdles can seem like a never-ending process. Even if your split was amicable, the process almost certainly took time, and you probably spent a significant amount of time in the office or on the phone...
Sexual Harassment in Silicon Valley: How to Avoid Creating a Toxic Culture in Your Startup
Earlier this year, the "Google memo" – a 10-page document published by Google engineer James Damore – brought the issue of gender discrimination in Silicon Valley into the public limelight. While many news reports focused on only limited, attention-grabbing lines from...
What Turkish Start-Ups Need to Know Before Incorporating in the US
If you live in Turkey and have plans to start a business in the United States, doing your research and planning up front can save you from significant costs and headaches down the line. While the process of incorporating in the U.S. is simpler than the process...
What You Should Know about Estate Planning as a Same-Sex Couple
While the United States Supreme Court's landmark decision in the 2015 case of Obergefell v. Hodges confirmed same-sex couples' Constitutional right to marry under the Fourteenth Amendment, both married and unmarried same-sex couples continue to face unique challenges...
10 Legal Tips to Make You and Your Family Wealthy
When it comes to building a financial legacy, working a typical nine-to-five just doesn’t cut it. In order to build wealth – the kind of wealth you need to retire early and provide stability for generations to come – you need to take control of your finances through...
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