asset protection

1 comment Jan 8, 2013 | General

American Taxpayer Relief Act of 2012

Thank you to J.T. Aughinbaugh with JPMorgan in Fort Worth for providing this summary of the key provisions of the American Taxpayer Relief Act. ********************************************* American Taxpayer Relief Act of 2012 On January 2, 2013, the President signed the American Taxpayer Relief Act, thus ending the nation’s brief stint over the “fiscal cliff”—a confluence of […]

Comments Jun 4, 2012 | General

2012 is the “Perfect Storm” for Estate Planning

From our friend, Marvin Blum, of The Blum Firm, PC: ********************* 2012 IS THE “PERFECT STORM” FOR ESTATE PLANNING The gift tax exemption is at a historical high of $5,120,000 at the same time that the gift tax rate of 35% is the lowest rate in almost a century! The gift tax exemption is […]

Comments Oct 11, 2011 | General

Protecting Your Company Against Preference Lawsuits

From the Fort Worth Business Press: **************************** Protecting your company against preference lawsuits Robert Simon and Spencer Soloman – Guest Columnists What is a “preference” lawsuit? Your company sells to a long-time customer and delivers an invoice for $10,000. The customer pays the $10,000 thirty days after the invoice is due. Sixty days later, the […]

Comments Sep 28, 2011 | General

Succeeding at Succession

A question frequently asked of us is the following one: “Is this a good time to sell a business?” Our initial response is typically, “Why do you want to sell?” The most common reasons given for selling include one or more of the following. It’s time I retire. I have health issues. I have marriage/family […]

1 comment Sep 19, 2011 | General

Important Tax Alert

From friend of the firm, Marvin Blum, The Blum Firm, PC: IMPORTANT TAX ALERT! Although we have been hoping that there would be no major tax law changes until December 31, 2012, we are now concerned that significant changes could take effect before the end of 2011. Last month, Congress voted to increase the nation’s […]

Comments Jul 13, 2011 | General

Keeping it in the Family

In assisting our family business clients in making the right decisions for the futures of their companies, K&A believes it is important to examine all options. This article highlights several issues to consider about passing a business to the next generation. ************ Corporate Governance: Keeping it in the Family When handing your company down from […]

Comments Dec 23, 2010 | General

Estate Planning after 2010 Tax Act

Analysis from Marvin Blum, The Blum Firm, P.C.: The 2010 Tax Act: What You Need to Know Now The best holiday gift you get this year may just be the new “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010,” signed into law last week. The law contains more taxpayer favorable provisions than […]

Comments Jun 21, 2010 | General

Confidence

As a former athlete on the collegiate level, I enjoy quotes from those in that arena. Augie Garrido, the winningest coach in college baseball who’s now at UT-Austin, offers a sage comment which is appropriate for those of us running a company in our current business environment. “Confidence is the only way to conquer fear. […]

Comments Sep 17, 2009 | General