Industry News and Helpful Hint eNewsletter

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

August 29, 2023

Trusts & Estates News

This week's Trust and Estate article is:

"Portability of Deceased Spousal Unused Exclusion Extended"

(Excerpt from actual article):

Revenue Procedure 2022-32 (2022-30 IRB 101) became effective on July 8, 2022. This guidance issued by the IRS allows certain taxpayers an extended amount of time (five years) to make a “portability election” regarding estate and gift taxes.

You can read the article by clicking

HERE.

Last week's Trust & Estate article was:

"Wealth Transfers Can Protect Families From Sunsetting Tax Breaks"

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

Helpful Hint

This week's "Helpful Hint" is:

"Daily Dividends for Mutual Funds"

Many income-focused funds that invest primarily in bonds and money-market securities accrue their dividends on a daily basis despite being only paid out on a monthly or less frequent basis. Appraise clients have the option to include, or exclude, these daily dividends in their valuations.

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If you are not already an ESI-Appraise client, webappraisenj.com and our outsourcing service, are quick and easy ways to get started with us.

If you are a ONESOURCE Trust & Estate Administration client, ESI-Direct makes the valuation process so much easier.

A full list of our delivery options, and valuation types, is available in the "Maybe there is a better way?" section of this eNewsletter.

Last week's "Helpful Hint" was:

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

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

Financial Markets News

This week's Financial Market news is:

"Powell's Jackson Hole speech has bonds a jitter"

Excerpt (from actual article):

This year’s Jackson Hole symposium of central bankers is looming at least as large as previous gatherings with bond markets at, dare we say it, a pivotal point.

You can read the article by clicking HERE.

Last week's Financial Market news was: "On The Bright Side"

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

Upcoming Events

Fri, Sep 1: We will be closing at 2:00p ET for the Labor Day holiday weekend.
Mon, Sep 4: NASDAQ & NYSE markets closed for the Labor day holiday. We will be closed as well.
Fri, Sep 8: (5:00p ET) System Maintenance - all online services will be unavailable with service being restored within a few hours.
Fri, Sep 15: (5:00p ET) System Maintenance - all online services will be unavailable with service being restored within a few hours.

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.

If you want more information, either call us at 201-784-8500 x103 or

EMAIL us.

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

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Evaluation Services, Inc.

180 OLD TAPPAN ROAD,

BUILDING 4, OLD TAPPAN, NJ 07675

(201) 784 8500

appraisenj.com