By Daniel A. Perry, Esq.Today, I want to talk about the often-overlooked estate income tax filing requirement. I was speaking with a client recently regarding the settlement of her late father’s estate. We were reviewing the matter and she made the statement, “inheritances are not taxed so we do not need to worry about any tax […]
Estate Planning for Unmarried Couples – Your Estate Planning is Extremely Important! By: Daniel A. Perry If you are an unmarried couple, your estate planning concerns are much different than a married couple. The most obvious concern is that if you are an unmarried couple and you pass away without any estate planning (no will, […]
By: Daniel A. Perry If you are an unmarried couple, your estate planning concerns are much different than a married couple.The most obvious concern is that if you are an unmarried couple and you pass away without any estate planning (no will, no nothing), then your property will pass according to the intestate succession laws. In […]
By Daniel A. Perry, Esq.Many families consider providing a portion of their estate to a charitable organization upon their death. For example, let’s look at the Hilton Hotel chain. The Hilton hotel was first started by Conrad Hilton in Texas and grew to become an international company. When Mr. Hilton passed away, he left the […]
By: Daniel A. Perry I often receive questions from clients is about their financial accounts. Many of my clients have mutual funds, IRAs, investment accounts, stocks, bonds, and joint bank accounts. As most of us are aware, you can name a beneficiary on these accounts. So long as a beneficiary is named on these accounts, and […]
By: Daniel A. PerryOur office speaks with many families everyday regarding their estate planning goals and concerns. This is one of the most common concerns amongst our clients:“I Want the Government to Stay Out of My Family’s Private Lives After I’m Gone”Most of us can relate to this statement. We work all our lives to […]
By: Daniel A. Perry As with many different areas in securities law and securities regulation, this question is difficult to answer. In general, a Venture Capital Fund is exempt from registration with the Securities and Exchange Commission (SEC) under the 1933 Securities Act and the 1934 Securities and Exchange Act. In addition, the Dodd-Frank Regulatory Reform […]
By: Daniel A. Perry Under the Investment Company Act of 1940, there were many new regulations and requirements for investment companies and the requirement to register certain securities. Specifically addressed and relied upon in the Investment Company Act of 1940 includes private funds, private equity funds, and a variety of other unregistered securities. Under Section 3(c)(7) […]
By Daniel A. Perry, Esq.Today I want to talk to you about the issue that many of my clients face when combining families as the result of a remarriage.Combining households later in life can be tricky. Whether it is remarriage after the death of spouse, or after a divorce, there are issues that must be […]
By: Daniel A. Perry Non-Accredited InvestorsIn a recent article, I discussed the definition of an Accredited Investor as defined by the Securities and Exchange Commission. Today, I will discuss the definition of a Non-Accredited Investor. Quite simply, a Non-Accredited Investor is an individual that does not meet the definition of an Accredited Investor.These terms were designated […]