Insightsstream of knowledge
On June 18th, the SEC issued a comment release for feedback on possibly loosening the accredited investor definition. This would potentially allow more investors to contribute to private funds and other restricted investments. Here’s what they’re considering and what could happen next. Read More
Anchin, a leading accounting, tax and advisory firm based in New York City, announced that Nancy D. Lieberman has been appointed as the firm's General Counsel. Nancy will assist the firm with a variety of business and legal matters. Read More
- Beyond Meat Fever Turns the Tiny Pea Into America’s Hot New Crop7/3/2019
Greg Wank, Leader of Anchin's Food and Beverage Industry Practice, says the time is right for plant-based companies to go mainstream.
- Proper Funding of Revocable Trust is the Key to Unlocking its Benefit6/28/2019
If an estate plan includes a revocable trust — also known as a “living” trust — it’s critical to ensure that the trust is properly funded. Revocable trusts offer significant benefits, including asset management (in the event that the owner becomes incapacitated), probate avoidance and privacy. But these benefits aren’t available if the trust isn’t funded.
- Reminder: Make Health Care Decisions While You’re Healthy6/28/2019
Estate planning isn’t just about what happens to one’s assets after death. It’s also about protecting one’s self and loved ones. This includes having a plan for making critical medical decisions in the event a person is unable to do so independently. And, as with other aspects of an estate plan, the time to act is now, while healthy. If an illness or injury renders a person unconscious or otherwise incapacitated, it will be too late.
- Crossing State Lines to Gain Tax Savings and Other Benefits5/31/2019
People who live in states with high income taxes sometimes relocate to a state with a more favorable tax climate. A similar strategy can be available for trusts. If a trust is subject to high state income taxes, it may be possible to make changes to reduce tax exposure.
- Estate Planning for Single Parents Requires Special Considerations5/31/2019
While estate planning for single parents is similar to estate planning for families with two parents, when only one parent is involved, certain aspects demand special attention.
- How to Transfer Art Investments to Future Generations5/31/2019
It is said that beauty is in the eye of the beholder, and that statement may never ring so true as when families are deciding how and whether to transfer their art investments to future generations.
- Financial and Other Considerations When Starting a Private Equity or Venture Capital Fund5/9/2019
Getting a private equity or venture capital fund off the ground takes more than a successful investment strategy. From the outset, you need to consider and plan for the lifespan of the fund, from concept to realization and eventual liquidation. These funds are far more complex and require significantly more financial planning than a typical long-short equity fund.
- The Original Will: Can It Be Located? 4/30/2019
In a world that is increasingly paperless, many people are becoming accustomed to conducting a variety of transactions digitally. When it comes to one’s Last Will and testament, however, only an original, signed document will do.
- Family Financial Fitness Part 24/30/2019
In instances when the family member who typically takes care of the finances falls ill and is unable to continue, a child may need to step in.
- External Oversight Helps Keep Construction Costs in Line4/30/2019
Increasingly, project owners are turning to outside experts for construction cost oversight to address these concerns.