business
What happens to the value of an IRA and 401k when a spouse dies?
While 100% of the fair market value of the IRA or 401(k) will be included in the value of the deceased spouse’s estate for estate tax purposes, since spou...
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Business
business
Can annuities be placed in a trust?
While annuities are contracts between an insurance company and a living person, ownership of the annuity can be put into a trust if it suits the needs and...
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business
How long does a man live after retirement?
A man the same age has an average life expectancy of 84.1 years. Read: The Ideal Retirement Age, and Why You Won’t Retire by Then. ] At what age are you c...
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business
How is shareholder basis calculated in C corporation?
A shareholder’s initial basis in the stock of a C Corporation is either the cost of the stock purchased or, for qualifying Section 351 transactions, the a...
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business
Is it possible to start a profitable self employed business?
However, this is not always true. There are some legitimate self-employed business opportunities you can start with a minimum startup capital investment. ...
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business
What is a survey expense?
A professional surveyor charges a property survey fee to conduct a survey and create a drawing of a landowner’s or homeowner’s property. The drawing shows...
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business
Can a trucking company be LLC?
Most small trucking companies and independent owner operators choose to register as an LLC, which stands for Limited Liability Corporation. An LLC is like...
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business
What does GDP measure and not measure?
Is GDP really such a bad measure of wealth? GDP is not a measure of “wealth” at all. It is a measure of income. It is a backward-looking “flow” measure th...
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business
Can you sue for wrong test results?
Yes, you can sue when a doctor gets your illness or injury wrong. This is called “misdiagnosis” and is part of the legal field called medical malpractice....
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business
How do gas prices affect food prices?
To make matters worse, there is a link between fuel prices and food. “If gas prices continue to rise, expect food prices to rise more,” said Grisanti. “Wh...
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