Industry News and Helpful Hint eNewsletter

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

May 9, 2023

Trust & Estate News

This week's feature article is:

"IRS: Gifts to Irrevocable Grantor Trust Will Not Receive Basis Step-Up At Death"

Excerpt (from actual article):

"The IRS has confirmed its view that when assets are gifted to an irrevocable grantor trust and not included in the grantor’s estate, the trust assets will not receive a step-up in basis at the death of the grantor."

You can read the article by clicking

HERE.

Last week's feature article was:

"Avoiding Taxes on the Sale or Gifting of Art"

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

Helpful Hint

This week's topic is:

"Which dividends are included in date of death valuations?"

We received a question last week from a client asking how do we decide which dividends should appear on an estate tax valuation. We informed her these are the regulations we apply when preparing a date of death or alternate date valuation.

Last week's topic was:

"Always Current, Always Secure"

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

Financial Market News

This week's topic is:

"Maybe Those 2023 Fed Cut Bets Aren't That Crazy"

It was a toss-up between what to start the newsletter with this week. What’s more significant: likely the last rate hike of the most aggressive Federal Reserve tightening cycle since the 1980s? Or the fourth collapse of a US bank in under two months?

You can read the article by clicking

HERE.

Upcoming Events

Fri, May 19: (5:00p ET) System Maintenance - all online services will be unavailable with service being restored within a few hours.
Fri, May 26: (2:30p ET) Support will be closing early for the Memorial Day Holiday.

Maybe there is a better way!

Why don't you ask us about your stock and bond valuations for trusts & estates?

Maybe there is a better way than how you are doing them now!

Keep reading for a list of valuations we provide and how you can get them.

Either call us at 201-784-8500 x111 or

EMAIL US.

There is no risk in asking, only possibilities.

These are the valuations we provide and how you can get them.

Are you the correct recipient of this eNewsletter?

Perhaps your coworker or colleague would benefit from the information contained in this eNewsletter. Please feel free to share it with them. They can then sign up for their own subscription by clicking on the link below.

You can 'Safely Unsubscribe' by clicking on the link at the bottom of this eNewsletter.

Thank you for subscribing and allowing us to serve you.

Evaluation Services, Inc.

180 OLD TAPPAN ROAD,

BUILDING 4, OLD TAPPAN, NJ 07675

(201) 784 8500

appraisenj.com