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Latest Inheritance Stories

2011-11-22 16:58:00

ARLINGTON, Va., Nov. 22, 2011 /PRNewswire-USNewswire/ -- The IRC Section 1022 Election to elect out of the federal estate tax and into the modified carryover basis regime for persons dying in 2010 must be made on a timely-filed Form 8939, Allocation of Increase in Basis for Property Acquired From a Decedent, not later than January 17, 2012. No extension of time to file this election will be permitted. (Logo: <font size="2"...

2011-11-04 15:20:00

HOUSTON, Nov. 4, 2011 /PRNewswire/ -- Torch Energy Royalty Trust ("Trust") (NYSE: TRU) (www.torchroyalty.com) announced today that the Torch Energy Royalty Trust (the "Trust") issued a press release announcing that the Trust had entered into a non-binding letter of interest on November 2, 2011 with respect to the sale of the Trust's net profits interests attributable to underlying working interests in certain fields that produce from the Cotton Valley and Austin Chalk formations in Texas...

2011-11-01 07:00:00

SAN DIEGO, Nov. 1, 2011 /PRNewswire/ -- Optimer Pharmaceuticals, Inc. (NASDAQ: OPTR) announced today that on October 31, 2011 the Compensation Committee of its Board of Directors approved the grant of inducement stock options to purchase an aggregate of 140,750 shares of common stock to 8 new employees. (Logo: http://photos.prnewswire.com/prnh/20090413/LA97352LOGO) Each stock option has an exercise price per share equal to $14.27, the fair market value on the grant date, and vests over...

2011-10-27 07:00:00

Estate planning attorney Stephen Clemmer announces new benefits and fee schedule for a special needs trust. Long Beach, CA (PRWEB) October 27, 2011 Estate planning attorney, Stephen Clemmer associated with Curd, Galindo & Smith, LLP announces new fee schedules for estate planning services and the benefits of a special needs trust. Mr. Clemmer explains how a special needs trust is essential when dealing with those who have disabled or handicapped beneficiaries. Recently, Mr. Clemmer...

2011-10-27 18:31:00

CHICAGO, Oct. 27, 2011 /PRNewswire/ -- Fall is always a good time to prepare for annual year-end tax planning - and this year there may be an added incentive to decide on longer range planning objectives sooner rather than later due to the work of the 12-member Super Committee. The Super Committee is charged with finding $1.5 trillion in deficit reduction over a ten-year period. This is a unique charge: to provide the 'carrot' of deficit reduction proposals that generally appeal to both...

2011-10-24 17:49:00

ARLINGTON, Va., Oct. 24, 2011 /PRNewswire-USNewswire/ -- Advisors and their clients are working to establish and fund trusts to make use of some or all of the temporary $5,000,000 lifetime gifting exclusion, taking into consideration that anything over $1,000,000 makes use of an allowance that may never be available again. (Logo: http://photos.prnewswire.com/prnh/20090105/56509LOGO) Most of these trusts are being formed in the client's home state, without the need to use "asset...

2011-10-03 14:49:00

HARRISBURG, Pa., Oct. 3, 2011 /PRNewswire-USNewswire/ -- Pennsylvania collected $2.3 billion in General Fund revenue in September, which was $151.8 million, or 6.1 percent, less than anticipated, Secretary of Revenue Daniel Meuser reported today. Fiscal year-to-date General Fund collections total $5.8 billion, which is $215 million, or 3.5 percent, below estimate. Sales tax receipts totaled $714.9 million for September, $14.9 million below estimate. Year-to-date sales tax collections...

2011-10-03 07:00:00

SAN DIEGO, Oct. 3, 2011 /PRNewswire/ -- Optimer Pharmaceuticals, Inc. (NASDAQ: OPTR) announced today that on September 30, 2011, the Compensation Committee of its Board of Directors approved the grant of inducement stock options to purchase an aggregate of 133,000 shares of common stock to 7 new employees. (Logo: <font size="2" face="Arial">http://photos.prnewswire.com/prnh/20090413/LA97352LOGO</font> ) Each stock option has an exercise price per share equal to $13.84, the fair...

2011-10-01 07:00:00

The Probate Guide is a free survival guide to help Massachusetts consumers navigate the maze of estate administration procedures in probate court. Boston, Massachusetts (PRWEB) October 01, 2011 Attorney Bernard J. Hamill of the Hamill Law firm has published a free guide for Massachusetts probate. The probate guide, in PDF format and obtainable at the Massachusetts wills website, was written exclusively for Massachusetts consumers having questions about the probate administration process,...

2011-09-07 11:20:00

NEW YORK, Sept. 7, 2011 /PRNewswire/ -- WealthCounsel and the publishers of Trusts & Estates magazine today announced the opening of the estate planning industry's 5th Annual Industry Trends Survey. All estate planning and wealth management professionals throughout the country are encouraged to participate in the survey at www.wealthcounsel.com/2011_industry_trends_survey.aspx or at www.trustsandestates.com "We're doing things differently starting in 2011 to enhance the...