Lessons From The Rich And Famous: Why Estate Planning Should Be Part Of Your Retirement Plan

December 21, 2020 "Time Saver & Helpful Hint" eNewsletter

Weekly News Update

Synopsis: The deaths of famous and wealthy people are as terrible as anyone else, and because of their star power, a light is shown on their legacies and the estate planning issues that can arise. There are lessons to be learned that remind us of the importance of addressing estate topics as part of our own holistic planning.

Weekly Time Saver & Helpful Hint

"When can I send a portfolio for pricing if the valuation date is Christmas or New Year's Day?"

Means are inversely weighted with respect to the number of trading days between the valuation date and pricing dates. Because neither Friday (12/25/20 & 01/01/21), Saturday, nor Sunday are trading days, the mean for a three day weekend Date-of-Death is the straight average between Thursday and Monday. This is explained in IRS regulation 20.2031-2(b)1 which you can take a closer look at by clicking HERE. So, please wait until the following Tuesday before sending an estate or gift tax portfolio for valuation.

If you would like to discuss your securities valuations with us, please CONTACT US.

Last week's topic was:

"Preparing a list of nearly 500 securities for valuation"

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

Service of the Month: APPRAISE in the Cloud - SaaS

Appraise.SaaS is our Software as a Service solution. It allows you full access to our complete software package with one simple click of a button. The only requirements are a web browser, username, password, and download of a Citrix applet.

All portfolio information is stored on your computers. There is no software installation necessary, so you can quickly enter, process, and print portfolios as if the program existed on your desktop. The Appraise application will be expertly hosted & maintained on our secured servers, while for your convenience, your portfolios will be stored on your desktop computer or file server.

This technology not only eliminates the task of installing, but it also eliminates the time-consuming task of upgrading. With SaaS, Evaluation Services can add new enhancements and apply any necessary "fixes" without the need to release new versions of our traditional software package. You will always be running the latest version from our servers.

Which valuations can I get from ESI-APPRAISE?

We give you access to all the tools, information, and professional support you need to increase your profits and serve your customers better:

IRS Form 706 Estate Tax
IRS Form 709 Gift Tax
Charitable Remainder Unitrust
Grantor Retained Annuity Trust
Domestic & Global Historical Pricing
Capital Changes
Cost Basis for Dividend Reinvestment Plans & Equities
1040/1041 Income Allocation for Calendar or Fiscal Year

How can I get a valuation from ESI-APPRAISE?

1. Secure online solutions (You do the work to save money.)

- APPRAISE Web: Credit card or account #; can be run from anywhere/any platform

· APPRAISE.Windows: Software on your computer; internet connection to access data

· APPRAISE.ASP: Our software as a service (SaaS) solution:

Software on our computer, data on your computer for security
Always running the current version eliminating the need to install updates
Easy to add and remove users
More reports and features than traditional desktop installed software

· ESI-Direct: ONESOURCE Trust & Estate securities without valuation software

2. Outsourcing solution (We do the work and save you time.)

Valuations can be submitted/delivered via email, fax, overnight courier, or mail.

Upcoming ESI-APPRAISE Events

Dec 24: Early (2:00p ET) close for Christmas holiday
Dec 31: Early (2:00p ET) close for New Year holiday

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Evaluation Services, Inc.

180 OLD TAPPAN ROAD,

BUILDING 4, OLD TAPPAN, NJ 07675

(201) 784 8500

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