| Not Necessarily Defective: How an IDGT Can Effectively Save Your Estate Money |
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Perry M. Schroeder, CPA, Managing Director, Baden, Gage & Schroeder, LLC
Succession is a critical issue for family business owners. In our last issue we discussed the use of a grantor retained annuity trust (GRAT) to transfer ownership to your beneficiaries. In this issue we will explore the use of an intentionally defective grantor trust (IDGT). Click "Full Article" to learn more about this complex and sophisticated technique. | |
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| Time to Switch to the LIFO Method? |
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Is your business feeling the effects of the current economic downturn? There might be a way to give your firm a financial boost without cutting back on expenses. It all has to do with the method your firm uses to account for its inventory -- FIFO or LIFO. Here are the details.
And ... could LIFO be repealed? Click "Full Article" for the answer.
Copyright © 2008 |
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| Intellectual Property: Protect Your Company From Disaster |
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Intellectual property ownership issues can become complicated when your employees develop software and written materials for your company. Without the proper legal safeguards, you might be surprised to find your company out in the cold. Here are some guidelines to help clear the air and safeguard your business interests.
Copyright © 2008 |
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| Disclaim Responsibility in Contracts |
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Disclaimers and "hold harmless" provisions in your company's contracts can provide legal protection should something go wrong with your products or services. Click "Full Article" for a guide on what to include in these two barriers to legal actions.
Copyright © 2008 |
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Baden Business News is provided with the understanding that it does not provide an accounting, tax or legal service. Contact a qualified professional with any questions or concerns about the information presented in this newsletter to investigate how it may apply to your specific situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. |
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