Assets Liabilities Taxes 
The Motley Fool
AUGUST 8, 2023
Image source: Getty Images Have you ever heard that multi-billionaire Warren Buffett pays a lower federal income tax rate than his secretary? Many ultra-wealthy American households pay surprisingly low effective federal income tax rates, and in some cases, no taxes at all. No tax breaks are designed to only benefit billionaires.
The Motley Fool
MARCH 19, 2025
As anticipated, our cash balance declined 20 million from the end of the third quarter, primarily due to the acquisition of the affiliate marketing assets of XLMedia, as well as from the timing of sports rights payments. I'll take the first part and leave them, the liability and the people, to Craig. dollar-denominated sports rights.
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The Motley Fool
OCTOBER 31, 2024
LLC stands for "limited liability company," which is a business structure that combines the pass-through taxation of a sole protectorship with the limited liability of a corporation. The main benefits of creating an LLC include: Liability protection: An LLC protects your personal assets by separating your business and personal assets.
The Motley Fool
OCTOBER 31, 2024
On the institutional side, our continued leadership in pension risk transfer was reinforced through a second transaction with IBM, this time to reinsure $6 billion of pension liabilities. We maintain a AA rating, which reflects a healthy capital position, including more than $4 billion in highly liquid assets at the end of the third quarter.
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. We ended the quarter with cash and liquid assets of $369 million inclusive of approximately $162 million in advanced cash payments. More recently, both U.S.
The Motley Fool
JUNE 22, 2024
Living trusts dictate the distribution of someone's assets, and are created while that person, called the grantor, is still alive. The grantor can change which person administers distributions of the assets in the trust (called the trustee) or the parties that ultimately receives those assets (called beneficiaries).
The Motley Fool
DECEMBER 22, 2023
Not only do the holidays inspire goodwill and cheer, but many people are interested in writing off their donations as we close out the tax year. But there's also a lot of confusion about charitable donations and when you can write them off for tax purposes. To write off a charitable deduction, you'll need to itemize your tax return.
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