Accounting, Assets and Legal - Private Equity Central

Blackstone leads $2bn deal for PE-owned accounting firm

Private Equity Insights

JANUARY 7, 2025

A Blackstone-led investor group is acquiring a majority stake in US accounting firm Citrin Cooperman, valuing the company at over $2bn, according to sources cited by the Financial Times on Tuesday. This could mark Blackstones first investment in the accounting sector. ” Terms of the transaction were not disclosed.

Accounting

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3 Completely Legal Ways You Can Avoid Paying Taxes

The Motley Fool

OCTOBER 28, 2023

They're completely legal. Holding investments for a year and a day before selling them When you sell investments in your brokerage account at a profit, you're required to pay taxes on your gains. If you hold assets long enough to qualify for long-term capital gains, you can lower your tax burden on those gains.

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Here's What Happens to Your Bank Account After You Die

The Motley Fool

SEPTEMBER 22, 2024

If there is confusion or unclear instructions about how to manage bank accounts after a death, it can lead to additional emotional pain for surviving loved ones. Let's look at a few common situations that everyone should know about to help handle bank accounts in case of an untimely death.

Banks

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Here's What Happens to Your Bank Account When You Pass Away

The Motley Fool

SEPTEMBER 5, 2023

Image source: Getty Images You need money in a checking account so you can pay your bills on an ongoing basis. And you need money in a savings account for emergency expenses, such as when your roof springs a leak or your car gives you trouble. But what if you pass away and there's money left in your bank account?

Banks

Banks Accounting Legal Assets

A Bunch of Small Deposits to Your Bank Account Could Lead to Trouble. Here's Why

The Motley Fool

JUNE 20, 2024

Basically, it requires banks to file a report if you deposit or withdraw $10,000 or more in cash into your bank account. These could include having your assets frozen during the investigation and potential criminal charges if you're found to have violated the law. This is called an anti-structuring provision.

Banks

Banks Accounting Legal Assets

MainePERS makes $200m alternatives commitment

Private Equity Wire

NOVEMBER 19, 2024

Alternative investments make up a substantial portion of MainePERS’ portfolio, accounting for 57.5% of its total assets. Alternative investments make up a substantial portion of MainePERS’ portfolio, accounting for 57.5% of its total assets.

Due Diligence

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Taking Over Finances for Your Elderly Parents? This Checklist Can Help.

The Motley Fool

JULY 15, 2023

Insurance, retirement accounts, investments, assets, and wills can complicate the process. Gather financial accounts and legal documents First, you want to gather all your parents' financial accounts and relevant legal documents (if your parents are anything like mine, this is much easier said than done).

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3 Reasons to Seriously Consider Using a Will to Pass Inheritance to Your Family

The Motley Fool

DECEMBER 8, 2023

This article is intended for educational purposes only and is not legal advice. It can be tempting to put off planning your final wishes as you move through your working life and beyond, especially if your assets are fairly simple. Ambiguous division of assets can foster suspicion and accusations between relatives and partners.

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Organigram (OGI) Q4 2024 Earnings Call Transcript

The Motley Fool

DECEMBER 18, 2024

In addition, just this past week, the German Federal Ministry and Minister of Food and Agriculture approved the plan to allow research-focused commercial cannabis pilot programs to test legal and regulated access to cannabis for consumers. With the Motif acquisition, we bring another powerhouse brand on the Organigram umbrella. box hearts.

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Living Trust or Living Will? They're Not the Same Thing: Here's Why You Might Need Both

The Motley Fool

SEPTEMBER 19, 2023

This article is intended for educational purposes only and is not legal advice. Indeed, their names are quite similar and they involve the same broad, and perhaps uncomfortable, topic of what to do about you and your assets if you die or become unable to make those decisions. Many people could confuse living trusts and living wills.

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Immigration Is One of Social Security's Biggest Problems -- But Not for the Reason You Might Think

The Motley Fool

AUGUST 25, 2024

This report also takes into account fiscal and monetary policy shifts, along with demographic changes, to forecast how financially "healthy" the program will be over the long term -- that is, the 75 years following the release of a report. million survivor beneficiaries each month, will exhaust its asset reserves by 2033.

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Here's Why I'm Seriously Considering Using a Living Trust to Pass Inheritance to My Family

The Motley Fool

OCTOBER 12, 2024

This article is intended for educational purposes only and is not legal advice. A hidden benefit I can appreciate A living trust is a legal arrangement that allows you to pass assets on to other people. Probate is the legal process of confirming a will's validity. But it's an important thing to do nonetheless.

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3 Reasons to Seriously Consider Using a Living Trust to Pass an Inheritance to Your Family

The Motley Fool

NOVEMBER 2, 2024

This article is intended for educational purposes only and is not legal advice. It can also be overwhelming to work through your legal options for passing assets on to your heirs. You may be inclined to keep things simple on the estate planning front and use a will to transfer assets to your loved ones.

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Is a Living Trust Really the Best Way to Pass an Inheritance to Your Family?

The Motley Fool

OCTOBER 16, 2024

This article is intended for educational purposes only and is not legal advice. Figuring out who will inherit your assets after your passing can be a tricky and emotional process. The benefits of a living trust over a will A living trust is a legal arrangement that allows you to pass on assets to the beneficiaries you designate.

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Is a Living Trust Really the Best Way to Pass an Inheritance To Your Family?

The Motley Fool

MARCH 4, 2024

For a lot of people, one of those reasons is to ensure they can leave assets behind for their loved ones after they've passed away. The trustee manages the trust and then transfers the assets to the beneficiary based on the pre-determined criteria. It's certainly one of my driving forces. Image source: Getty Images.

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Here's Why I'm Seriously Considering Using a Living Trust to Pass an Inheritance to My Family

The Motley Fool

NOVEMBER 11, 2024

This article is intended for educational purposes only and is not legal advice. One of the interesting things I learned during that meeting is that a will isn't your only choice for passing assets down to heirs. A benefit that means a lot to me A living trust is a legal arrangement you can use to transfer assets to your loved ones.

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Let's Get Real About Social Security and Immigration

The Motley Fool

NOVEMBER 24, 2024

To make matters worse, the Old-Age and Survivors Insurance Trust Fund (OASI), which is responsible for dishing out monthly benefits to retired workers and survivor beneficiaries, is projected by the Trustees Report to exhaust its asset reserves by 2033. US Old-Age and Survivors Insurance Trust Fund Assets at End of Year data by YCharts.

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The World’s Largest Asset Managers – 2024

Pension Pulse

OCTOBER 31, 2024

Benefits Canada reports world's 500 largest asset managers’ AUM up 12.5% in 2023: The world’s 500 largest asset managers’ assets under management increased by 12.5 According to the report, this is the first time passive investment strategies have accounted for more than a third (33.7 Asset managers located in the U.S.

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Asset Management Assets Accounting Legal

The Ultimate Cryptocurrency to Buy With $1,000

The Motley Fool

MAY 15, 2024

Legal challenges and market perception If you've heard of Ripple at all, it's probably because of the legal challenge it's facing. Ripple doesn't want to settle the case, aiming to set a legal precedent for the crypto industry as a whole. Howey is a legal principle established in a 1946 Supreme Court case. Here's why.

Securities and Exchange Commission (SEC)

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Where There's a Will, There's a Way. How You Can Avoid Conflict When Divvying Up Your Estate.

The Motley Fool

AUGUST 6, 2023

The distribution of wealth among beneficiaries through your final will and testament is often a complex and sensitive issue, one that can potentially spark conflicts and legal challenges among family members. Hire an attorney to draft a will First and foremost, don't go it alone. That could be the executor or your attorney, for example.

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Huge News for SNDL Investors

The Motley Fool

MAY 9, 2024

In 2018, Canada legalized marijuana, and over the past 10 years or so, many U.S. While stopping short of legalization, it's a big step that will ease the tremendous tax burden on U.S. With its coffers buffered with cash, management then redeployed that cash into various assets. Canadian operator SNDL Inc. However, U.S.

Investors

Investors Legal Debt Taxes

Is an LLC Worth It for Sole Proprietors?

The Motley Fool

OCTOBER 31, 2024

Image source: Getty Images If you're starting a small business, generally the first step is setting up the legal structure of your business. The main benefits of creating an LLC include: Liability protection: An LLC protects your personal assets by separating your business and personal assets. Still not sure?

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Is a Living Trust Really the Best Way to Pass an Inheritance to Your Family?

The Motley Fool

FEBRUARY 2, 2024

A living trust is a legal arrangement where a trustor (whoever creates the trust) places assets -- whether money, investments, real estate, or whatever -- in a trust to be managed by a trustee for their chosen beneficiaries. There are lawyer fees, court costs, asset appraisal fees, and other costs involved in the process.

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How to Start a Business for Under $100

The Motley Fool

JULY 6, 2024

Step 2: Establish your legal framework (Cost: $0 - $20) Think about what type of business structure will work best for you. Unlike a sole proprietorship, an LLC draws a legal line between you and your business. This separation not only protects your personal assets from business liabilities, but can also offer potential tax benefits.

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Chasing Up Russian Yachts and Mansions Proving Pricey

The Motley Fool

SEPTEMBER 27, 2023

But super or mega, police, investigators and agents across the globe who are hunting and freezing the assets of sanctioned Russian billionaires say these boats cost millions of dollars in maintenance fees that are often shouldered by the taxpayer. Such are the travails of seizing Russian assets. has only been able to deliver $5.4

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Social Security Has an Immigration Problem -- and It's Getting Progressively Worse

The Motley Fool

JANUARY 7, 2024

The trustees take into account a number of factors, including demographics changes, along with shifts in fiscal and monetary policy, when issuing their forecast on Social Security's financial outlook. The more immediate issue is the asset reserves for the Old-Age and Survivors Insurance (OASI) Trust Fund. With the U.S.

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If You'd Invested $1,000 in Ripple (XRP) 5 Years Ago, Here's How Much You'd Have Today

The Motley Fool

APRIL 26, 2024

At one point, your account would have been worth less than $470. But the SEC's legal action anchored XRP's value, so the token hasn't followed along as Bitcoin and other cryptos soared in recent months. Since then, Ripple's price chart has soared and crashed repeatedly in response to developments in the SEC lawsuit.

Securities and Exchange Commission (SEC)

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Genworth Financial (GNW) Q3 2024 Earnings Call Transcript

The Motley Fool

NOVEMBER 7, 2024

On a statutory accounting basis, the U.S. life insurance companies reported an estimated pre-tax loss of $18 million, driven by unfavorable mortality and higher new claims, as well as lower benefit from legal settlements. As shown on Slide 11, in-force rate actions and legal settlements had a $1.3

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Should You Open a Separate Bank Account for Your Business?

The Motley Fool

APRIL 11, 2024

One of those choices is whether to open a separate bank account for your company or whether you should just deposit the money you make into your own personal account. For most people, opening a separate account almost always makes sense. And that means it needs its own bank account.

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Should You Forget Bitcoin and Buy XRP Instead?

The Motley Fool

NOVEMBER 3, 2024

Bitcoin's recovery could convince many investors that it's a stable long-term asset like gold or silver. trillion -- and is now the world's 10th most valuable asset. First, Ripple's protracted legal battle against the SEC finally ended in August with a lighter-than-expected fine of $125 million. Image source: Getty Images.

Securities and Exchange Commission (SEC)

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What Kinds of Insurance Does Your Small Business Really Need?

The Motley Fool

OCTOBER 1, 2024

CGL insurance also typically covers legal defense costs if your business is sued. Property insurance Property insurance covers the physical assets of your business, including buildings, equipment, inventory, and so on. Many states require that professionals like lawyers, doctors, and accountants carry E&O insurance.

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Should You Buy Ripple (XRP) While It's Less Than $0.60?

The Motley Fool

AUGUST 17, 2024

That legal albatross no longer hangs over Ripple's shoulder, which frees the underlying Ripple Labs to run its business and seek partnerships, even on U.S. About 44% of that supply is held in an escrow account. Ripple Labs can control its price to some degree by holding back or doling out coins from this account.

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The 3 Most Egregious Social Security Lies You've Been Told (and May Have Even Believed)

The Motley Fool

FEBRUARY 25, 2024

This update contains the dollar value of the asset reserves for the Old-Age Survivors and Insurance Trust Fund (OASI), which parses out monthly benefits to retired workers and survivor beneficiaries, as well as the Disability Insurance Trust Fund (DI), which is responsible for paying benefits to workers with disabilities. In 2022, 90.6%

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Set Your Child Up for a $1 Million Roth IRA in 2024

The Motley Fool

MAY 12, 2024

Putting coins in a piggy bank might be a fun way to jump-start your child's saving journey, but opening a Roth IRA ( individual retirement account ) could be the ultimate wealth builder. Also, if your child's income exceeds the annual Roth IRA threshold , they won't be able to make direct contributions to the account for the year.

Taxes

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Investors Lose Over $100 Million in Silver Coin Scam. How to Buy Gold and Silver Safely

The Motley Fool

JULY 15, 2023

In a statement, the CFTC said Argent Asset Group and First State Depository Company and their owner, Robert Higgins, had defrauded investors out of tens of millions of dollars. Johnson said the defendants had stolen customers' money "without even a veneer of legality." Bear in mind that you don't always have to buy the physical metal.

Investors

Investors Exchange-Traded Funds Assets Legal

3 Must-Do 401(k) Moves to Make Before the End of 2023

The Motley Fool

DECEMBER 11, 2023

Since it's a hands-off account, it can sometimes get lost in the background of our everyday lives throughout the year. Check your asset allocation Your asset allocation is the mix of stocks, bonds, cash, and other investments in your portfolio. Use the end of the year to change this. Image source: Getty Images 1.

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How to Build a Million-Dollar Roth IRA for Your Child Starting in 2024

The Motley Fool

JUNE 18, 2024

An adult will need to manage a custodial Roth IRA until the child is legally able to do so on their own, but this account could give your child the ultimate financial education as they step into adulthood. For instance, if your child contributed $7,000 to their Roth IRA for 40 years, the account would be worth $280,000.

Taxes

Taxes Education Legal Accounting

3 Benefits of Using a Living Trust to Pass an Inheritance to Your Family

The Motley Fool

AUGUST 19, 2024

This article is intended for educational purposes only and is not legal advice. You could avoid the probate process Probate is a court process in which the court determines if a will is valid and then supervises the distribution of the assets within the will. For guidance on your personal situation, please contact a lawyer.

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Crypto Industry Update: Binance.US CEO Brian Shroder Resigns

The Motley Fool

SEPTEMBER 14, 2023

Chief Legal Officer Norman Reed will take the helm on an interim basis. It is readying itself for the point where users cannot make deposits or withdrawals from their bank accounts. Finally, it's worth noting that the SEC initially wanted to freeze Binance.US's assets, arguing that the funds could be moved offshore.

Securities and Exchange Commission (SEC)

Securities and Exchange Commission (SEC) Banks Assets Legal

This Is the Best Way to Pass Inheritance On to Your Grandchildren

The Motley Fool

JULY 28, 2023

With people generally living longer, grandparents might think time is on their side to decide how to pass their assets on to their descendants. Trust these basics A trust is a legal entity that holds assets for beneficiaries. Upon your death, a successor trustee manages the assets, including their distribution.

Legal

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Genworth Financial (GNW) Q4 2024 Earnings Call Transcript

The Motley Fool

FEBRUARY 19, 2025

This included a $355 million benefit from legal settlements, which are now materially complete. We ended the fourth quarter with holding company cash and liquid assets of $294 million, which includes approximately $186 million in cash set aside for future obligations. GAAP accounting. Our liquidity position remains strong.

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Did Congress Steal Trillions From Social Security? The Answer Might Surprise You

The Motley Fool

SEPTEMBER 10, 2023

What's more, the Trustees Report estimates that the asset reserves -- the excess revenue collected since inception -- of the Old-Age and Survivors Insurance Trust Fund (OASI) could be exhausted by as early as 2033. Every cent is accounted for via the bonds and certificates of indebtedness. But is there any truth to these claims?

Taxes

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How Bitcoin's Bold Comeback in 2024 Could Transform Your Crypto Portfolio

The Motley Fool

AUGUST 4, 2024

The coin accounts for roughly 56% of the crypto market's total value today. This launch of spot Bitcoin ETFs gave institutional investors and other traditionalists an easy way to access the Bitcoin market without opening a new account with a cryptocurrency trading platform. Let's take a look. billion in direct Bitcoin holdings.

Securities and Exchange Commission (SEC)

Securities and Exchange Commission (SEC) Portfolios Exchange-Traded Funds Legal

Planning to Retire in 5 Years? Do These 5 Things First.

The Motley Fool

SEPTEMBER 25, 2023

This article is intended for educational purposes only and is not legal advice. Take a legal pad or create a simple spreadsheet and create two columns. If you haven't begun yet, now's the time to review how well your portfolio's asset mix aligns with your risk tolerance and timeline. Image source: Getty Images.

Legal

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Blackstone leads $2bn deal for PE-owned accounting firm

3 Completely Legal Ways You Can Avoid Paying Taxes

Trending Sources

Here's What Happens to Your Bank Account After You Die

Here's What Happens to Your Bank Account When You Pass Away

A Bunch of Small Deposits to Your Bank Account Could Lead to Trouble. Here's Why

MainePERS makes $200m alternatives commitment

Taking Over Finances for Your Elderly Parents? This Checklist Can Help.

3 Reasons to Seriously Consider Using a Will to Pass Inheritance to Your Family

Organigram (OGI) Q4 2024 Earnings Call Transcript

Living Trust or Living Will? They're Not the Same Thing: Here's Why You Might Need Both

Immigration Is One of Social Security's Biggest Problems -- But Not for the Reason You Might Think

Here's Why I'm Seriously Considering Using a Living Trust to Pass Inheritance to My Family

3 Reasons to Seriously Consider Using a Living Trust to Pass an Inheritance to Your Family

Is a Living Trust Really the Best Way to Pass an Inheritance to Your Family?

Is a Living Trust Really the Best Way to Pass an Inheritance To Your Family?

Here's Why I'm Seriously Considering Using a Living Trust to Pass an Inheritance to My Family

Let's Get Real About Social Security and Immigration

The World’s Largest Asset Managers – 2024

The Ultimate Cryptocurrency to Buy With $1,000

Where There's a Will, There's a Way. How You Can Avoid Conflict When Divvying Up Your Estate.

Huge News for SNDL Investors

Is an LLC Worth It for Sole Proprietors?

Is a Living Trust Really the Best Way to Pass an Inheritance to Your Family?

How to Start a Business for Under $100

Chasing Up Russian Yachts and Mansions Proving Pricey

Social Security Has an Immigration Problem -- and It's Getting Progressively Worse

If You'd Invested $1,000 in Ripple (XRP) 5 Years Ago, Here's How Much You'd Have Today

Genworth Financial (GNW) Q3 2024 Earnings Call Transcript

Should You Open a Separate Bank Account for Your Business?

Should You Forget Bitcoin and Buy XRP Instead?

What Kinds of Insurance Does Your Small Business Really Need?

Should You Buy Ripple (XRP) While It's Less Than $0.60?

The 3 Most Egregious Social Security Lies You've Been Told (and May Have Even Believed)

Set Your Child Up for a $1 Million Roth IRA in 2024

Investors Lose Over $100 Million in Silver Coin Scam. How to Buy Gold and Silver Safely

3 Must-Do 401(k) Moves to Make Before the End of 2023

How to Build a Million-Dollar Roth IRA for Your Child Starting in 2024

3 Benefits of Using a Living Trust to Pass an Inheritance to Your Family

Crypto Industry Update: Binance.US CEO Brian Shroder Resigns

This Is the Best Way to Pass Inheritance On to Your Grandchildren

Genworth Financial (GNW) Q4 2024 Earnings Call Transcript

Did Congress Steal Trillions From Social Security? The Answer Might Surprise You

How Bitcoin's Bold Comeback in 2024 Could Transform Your Crypto Portfolio

Planning to Retire in 5 Years? Do These 5 Things First.

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