The Motley Fool

SEPTEMBER 9, 2024

This article is intended for educational purposes only and is not legal advice. You should also know that placing assets into a living trust won't necessarily benefit you from a tax perspective. Assets you place into the trust are subject to whatever taxes you'd normally have to pay.

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The Motley Fool

SEPTEMBER 4, 2023

This article is intended for educational purposes only and is not legal advice. A last will and testament is indeed a useful and binding legal document, long a traditional means for allocating assets, assigning guardianship for minor children, and specifying other last wishes. But is it the best way?

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The Motley Fool

AUGUST 6, 2023

Otherwise, you will be unable to rent out your investment property legally, leading to fines and potential legal action. Some require a home-sharing permit, some a tourist license, and others require you to pay a hotel tax and carry liability insurance. It's essential to ensure your investment follows all the laws in your area.

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The Motley Fool

SEPTEMBER 10, 2023

Just as the sun rising in the Eastern sky every day is a fundamental truth, every prominent Social Security article on the internet with a comments section is destined to be filled with claims that the program's shaky foundation is the result of "Congress stealing trillions from Social Security and not paying interest on what they've taken."

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The Motley Fool

MARCH 31, 2024

This article is intended for educational purposes only and is not legal advice. But is this legal instrument truly the optimal method for passing on your inheritance to your loved ones and your cherished causes? Common tasks can include financing the trust, revising beneficiary designations, and guaranteeing legal conformity.

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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. You can have both, too, and a financial advisor or tax expert can help you make an informed choice. For guidance on your personal situation, please contact a lawyer.

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The Motley Fool

MAY 8, 2024

Forming an LLC or other legal business entity If you want to make your business "official" in the eyes of the law, you need to form a limited liability company (LLC), S Corporation, or other legal business entity. It lets you get an Employer ID Number (tax identification number, like a Social Security number for your business).

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The Motley Fool

MAY 2, 2024

life insurance companies had a very strong quarter, with pre-tax income estimated at $258 million, driven primarily by benefits from LTC in-force rate actions, including the impact of legal settlements. As shown on Slide 7, Enact had a favorable $54 million pre-tax reserve release in the first quarter, which drove a loss ratio of 8%.

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The Motley Fool

NOVEMBER 7, 2024

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. Sequentially, corporate and other was primarily impacted by the timing of tax-related items. On a statutory accounting basis, the U.S.

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Integrity Financial Planning

AUGUST 28, 2023

In this article, we’ll talk about what happens when you make this conversion and give you some examples of different financial situations for when this could be the right move for you. Sources: [1] [link] This article is designed to provide general information on the subjects covered. Let’s say you’ve just changed jobs.

Taxes 95

Taxes Consulting Consultants Legal 95

The Motley Fool

APRIL 7, 2024

This article is intended for educational purposes only and is not legal advice. But for many of us, the most efficient path to sharing the wealth with our relatives includes the use of relatively simple legal instruments such as wills and trusts. For guidance on your personal situation, please contact a lawyer.

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Private Equity Wire

AUGUST 24, 2023

GEP V was advised on this transaction by Houlihan Lokey (M&A), Milbank (legal and structuring), Roland Berger (commercial) and Ebner Stolz (financial & tax). Like this article? The deal marks ECM's second successful exit so far in 2023 following the sale of the Dermatologikum Group.

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Integrity Financial Planning

SEPTEMBER 11, 2023

Most retirees take the standard deduction on their taxes as opposed to choosing to itemize. [1] 1] But, as of the 2017 Tax Cuts and Jobs Act, the only way to benefit tax-wise from donations is to opt to itemize. [1] This may allow your children to itemize their taxes and reduce their tax bracket beyond the standard deduction. [1]

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The Motley Fool

AUGUST 1, 2024

Life Insurance companies had a very strong quarter with pre-tax income estimated at $171 million, driven primarily by benefits from LTC rate force actions. As shown on Slide 7, Enact had a favorable $77 million pre-tax reserve release in the second quarter, which drove a loss ratio of negative 7%. Complete statutory results for U.S.

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Integrity Financial Planning

AUGUST 21, 2023

1] A 401(k) will allow you to set aside some of your assets into a tax-advantaged account that can have market exposure and the potential to grow over time. [2] 2] An employer’s contributions to these accounts are tax-deductible with certain limitations. [3] 4] This is a tax-advantaged account, much like a 401(k). [5]

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The Motley Fool

OCTOBER 5, 2024

For the purpose of this article, I'm going to combine those two businesses and treat them as one. billion benefit from deferred tax assets recorded in the fourth quarter of 2024. The EV business isn't what it once was Tesla's business today is primarily selling electric vehicles (EVs) with an adjacent energy storage business.

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The Motley Fool

MAY 6, 2024

Joining me on today's call are Alex Karp, chief executive officer; Shyam Sankar, chief technology officer; Dave Glazer, chief financial officer; and Ryan Taylor, chief revenue officer and chief legal officer. Ryan Taylor -- Chief Revenue Officer and Chief Legal Officer Yeah, absolutely. I'll now turn it over to Ryan to start the call.

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The Motley Fool

FEBRUARY 22, 2024

On a statutory accounting basis, pre-tax income for the U.S. billion earnings -- pre-tax earnings benefits in 2023 from LTC in-force rate actions and settlements were offset by higher claims as the blocks age. In addition to the MYRAP, recent legal settlements have further reduced risk associated with our legacy LTC book.

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The Motley Fool

SEPTEMBER 28, 2024

But success like this has attracted the scrutiny of the Biden administration, which wants to curb the legal loophole that lets Temu thrive in this country. tariffs and taxes if they're valued at less than $800 in the aggregate. It's the great success story of its developer and owner, China-based PDD Holdings (NASDAQ: PDD).

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Insight Partners

FEBRUARY 12, 2024

This article was originally published in May 2022. Apple calls it a service fee, but app creators are more likely to call it the Apple Tax. Apple promptly removed Fortnite from the App Store, kicking off a long legal battle. Epic Games wasn’t the first company to try and bypass the Apple Tax, and they won’t be the last.

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Integrity Financial Planning

JUNE 27, 2023

That’s why this article will provide valuable tips and insights to help retirees build a legacy for their families and future generations. It can be a good idea to work with an estate planning professional to develop a solid plan that includes wills, trusts, and other legalities.

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The Motley Fool

AUGUST 9, 2023

Free cash flow to the holding company remained strong, driven by Enact's return of capital and tax payments in 2023 from Enact and the U.S. We have since determined that how we account for the three long-term care insurance, or LTC, legal settlements under LDTI should be changed. Total pre-tax statutory income for the U.S.

Legal 100

Legal Liabilities Taxes Accounting 100

Zajac Group

OCTOBER 17, 2024

For most people, tax time can be a headache—though for earners with traditional compensation packages, it can at least be fairly predictable (W-2 wages, withheld taxes, 401(k) contribution deductions, etc.). Each taxpayer receives a copy of their K-1, which they then use to complete their own tax return.

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Taxes Liabilities Shareholders Accredited Investors 52

The Big Picture

NOVEMBER 20, 2023

Perhaps this is why well-written articles are often skewed or even undone by clickbait headlines. Case in point: Wall Street’s ESG Craze Is Fading As the article points out, “investors withdrew more than $14 billion from sustainable funds this year” after weak performance traced in part to higher interest rates.1 Oct 31, 2023) 4.

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The Motley Fool

OCTOBER 18, 2023

Mercedes is accepting legal liability for when it's Level 3 autonomous driving system drive pilot is active. Is Tesla planning to accept legal liability for FSD? Elon Musk Well, there's a lot of people that assume we have legal liability judging by the lawsuits. And if so, when?

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Liabilities Banks Legal Taxes 246

The Motley Fool

FEBRUARY 14, 2024

Speaking of cash, Steve will take you through the details, but the timing of our expected tax return implementation milestone achievements in our transportation business both made for a year, we expect to improve upon in 2024. We only received $6 million of the $29 million federal tax refund related to 2018 in the fourth quarter of 2023.

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The Motley Fool

NOVEMBER 9, 2023

On a statutory accounting basis, pre-tax income for the U.S. life insurance companies is estimated at 30 million, driven by 21 million of pre-tax earnings in LTC. Starting on Slide 8, we continue to reduce the tail risk on our legacy LTC block with progress on our multiyear rate action plan and legal settlements.

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Liabilities Legal Taxes Debt 100

The Motley Fool

MAY 3, 2024

I would now like to hand the conference over to your speaker today, Stanton Dodge, chief legal officer. Stanton Dodge -- Chief Legal Officer Good morning, everyone, and thank you for joining us today. And I also think that the need for tax revenues is going to increase. And a continuation of really strong tax through Q4 and Q1.

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The Motley Fool

AUGUST 6, 2024

Second, we believe we have a reasonable solution for high-tax states, including Illinois. We plan to implement a gaming tax surcharge in the four states that have multiple sports betting operators and tax rates above 20% starting January 1, 2025. All should offset the Illinois tax increase next year.

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Sara Grillo

OCTOBER 21, 2022

Financial paraplanners can be recent college graduates with no work experience, or may also be career changers with an extensive background in other areas that can add more value to an RIA owner, such as tax professionals. Also, nothing in this podcast or blog can be interpreted as legal or compliance advice.

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The Motley Fool

MARCH 18, 2024

These factors, combined with a lower effective tax rate, resulted in adjusted net income increasing by almost threefold year over year with an adjusted net margin of 17.4%, up about 10 percentage points in the period. Lastly, adjusted effective tax rate reached 11.7% And then, the second question is related to your tax rate, right?

Banks 130

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The Motley Fool

OCTOBER 4, 2024

In fact, there's a wonderful little article in Reuters that captured the comments of some of those few companies. That's this legal process by after someone passes away, the courts validate the will. It is a legal document. The threat of the strike seems to have been known for a little while now. Let's go over them real quick.

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The Motley Fool

JANUARY 23, 2024

In the coming months, there are significant milestones that the company expects to complete, including the spin-off the healthcare business and the finalization of the public water supplier and Combat Arms legal settlements. We continue to expect the business to be spun-off with an estimated net leverage of three to 3.5 up 11% year on year.

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The Motley Fool

MAY 28, 2024

Bill Mann: It's funny because stock buybacks are thought to be a very efficient way to return cash to existing shareholders in the form of there's not much in the way of tax, and every share of stock you should think of as being a perpetual claim on earnings and assets of a company. I feel like that's legally required.

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The Motley Fool

APRIL 30, 2024

In the appendix on Slide 27, you will find information on our public water suppliers and combat arms legal settlements, including the pre-tax payment schedule by year and total combined pre-tax present value and after-tax estimates. We also completed the spinoff of Solventum and finalized two major legal settlements.

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The Motley Fool

APRIL 6, 2024

I've read a quote in a Fortune article from Ken Johnson, who is a former broker and current Associate Dean it Florida Atlantic Universities College of Business. This also includes so many different accounts, insurance policies, legal documents, but also the professionals you hire important passwords and combinations and just all your stuff.

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The Motley Fool

APRIL 25, 2024

After three full quarters of ownership, we remain excited about NJOY and its potential in the legal U.S. As of April 19th, eight states have passed such legislation and 12 states are considering it, and we've seen increased legal action against entities that are enabling the illicit market. with a tax basis of approximately $1.2

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