August 6 "Industry News and Helpful Hint" eNewsletter

"Industry News, Helpful Hint, & Upcoming Events" eNewsletter

August 6, 2024

Trusts & Estates News

This week's Trust and Estate article is: "Supreme Court Ruling In Loper Bright Changes Estate Planning"

(Excerpt from actual article):

A recent Supreme Court case will change the dynamic of key aspects of tax planning, including estate tax planning: Loper Bright Enterprises v. Raimondo, 603 U.S. ___ (2024). There was also a companion case, Relentless v. Department of Commerce. As Ed Sullivan would say, this is “a really big show.” While this may all seem a bit nuanced and technical, it could be valuable to understand how the tax ground rules have just changed.

You can read the article by clicking

HERE.

Last week's Trust & Estate article was: "Wealth Advisers Must Ensure Estates Use Pre-Sunset Exclusion"

You can read last week's eNewsletter by clicking HERE.

Helpful Hint

This week's Helpful Hint is:

"Including sales, and other account activity, in your alternate valuation"

If you prepare alternate valuations which have transactions between the date of death and alternate date, Appraise allows you to input 17 unique types. They are: called, cash, cash in lieu, distribution, exchange, fee, matured, merger, name change, redeemed, remark, reverse split, sold, spin off, split, transfer in, and transfer out. This feature follows Generally Accepted Accounting Principles. For example, you can't sell more shares than you own. You can apply these transactions yourself, if you use our software or software as a service products, or we can apply them for you if you use our outsourcing service.

Please send us an EMAIL if you have questions.

Last week's Helpful Hint was:

"Exporting ESI-APPRAISE valuations in ONESOURCE FPS & 706 Format"

You can read last week's eNewsletter by clicking HERE.

Weekly Financial Market Review

Our business resides at the intersection of trust & estate law as well as financial data reporting.

We make it easy for our clients to stay current on financial market news by making a weekly market recap available by clicking HERE.

Upcoming Events

(Subject to change - please monitor regularly)

Tue, Aug 20: (5:00p EDT) System Maintenance - all online services will be unavailable with service being restored within a few hours.
Fri, Aug 30: We will be closing at 2:00p ET for the Labor Day holiday weekend.
Mon, Sep 2: NASDAQ & NYSE markets closed for the Labor day holiday. We will be closed as well.

Is there a better way to prepare your valuations?

Why don't you consider us for your stock and bond valuations for trusts & estates? Maybe there is a better way than how you are doing them now?

We've been providing these valuations since 1985 and have experience and insight. Our pricing universe contains millions of US and foreign securities with corresponding decades of history. We can speak with you to potentially identify ways to improve accuracy, productivity, and output.

Click HERE for a list of valuations we provide and how you can get them.

If you want to speak with us, please:

call: 201-784-8500 x111

email: customerservice@appraisenj.net

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Evaluation Services, Inc.

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