Mar 9, 2021 "Time Saver & Helpful Hint" eNewsletter

March 9, 2021 "Time Saver & Helpful Hint" eNewsletter

Weekly Time Saver / Helpful Hint

"Capital Changes & Cost Basis Calculator"

We recently received this question:

"We are finally distributing from a trust stock that was transferred from the decedent’s 1978 estate, which consists of 9,482 shares of the original American Telephone and Telegraph before its divestiture. With all the spin-offs, mergers, acquisitions, we need to properly allocate the cost basis. Please let me know how we should proceed?"

We have access to capital change information as well as a cost basis calculator, so we were able to help this person out. If you find yourself in a similar situation, please CONTACT US, and we'll see what we can do to help you.

Last week's topic was:

"Adjusted or UnadjustedPrice?"

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

Weekly Trusts & Estates News Update

"2021 Estate Planning Outlook: Transfer Tax Changes on the Horizon"

Synopsis: The big question in the estate planning world today is whether, when, and to what extent Congress will enact changes to gift, estate, and income tax laws. With many challenges facing the new Biden Administration, and the narrowly Democratic Senate, major tax legislation may not even be considered in 2021. Nevertheless, the tax proposals endorsed by the Biden Administration provide clear signals for actions clients should consider this year.

Click HERE to read the article.

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 Calculator for Corporate Actions
Cost Basis Calculator for Dividend Reinvestment Plans
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 to retrieve pricing data

· APPRAISE.SaaS: our software as a service (SaaS) solution. SaaS means we host the software, which you access via the internet, and you store your data locally.

This benefits you and your information technology group because:

You're always running the current version and do not need to install updates.
It's easy to add and remove users
It has more reports and features than traditional desktop software
You store your data securely on your computers.
This hybrid solution takrs the best of software and cloud and combines them.

· ESI-Direct: ONESOURCE Trust & Estate securities valuations without 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

Mar 18: (5:00p ET) System Maintenance - all online services unavailable.

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Evaluation Services, Inc.

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(201) 784 8500

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