…these free withdrawals include the death of the investor or a takeover of the company whose stock he contributed. After seven years, most exchange funds will redeem partnership interests with…
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Spreading Risk Without Triggering Taxes
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Tantrum-Free Tapering
…to check out Palisades Hudson’s books, The High Achiever’s Guide To Wealth and Looking Ahead: Life, Family, Wealth and Business After 55. Both are available in paperback and as e-books….
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AmEx Is Free To Terrorize Shopkeepers
…on the companies’ transaction fees. As Marketwatch observed, paying a settlement reported around $6.5 billion isn’t usually good news. For Visa and Mastercard, however, it may mean the end of…
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How Freedomland Became A ‘Health Care’ Center
…swampy acres that had once been the Freedomland amusement park. Within a few years, the community’s schools and shopping centers appeared. Most of Co-op City’s occupants were working-class laborers and…
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Terrorism By Any Other Name
New York City Mayor Bill de Blasio. Photo by Kevin Case. New York City has a long history of dealing with terrorist bombings, and Saturday night’s attempt at mayhem in…
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Cellular Prices Rise, With A Boost From Washington
…been three. Four competitors have to be better than three, right? So if you protect the independence of the fourth competitor, no matter how feeble that competitor may be, you…
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Doomsday For NYC Transit
…political and business communities to at least DEFCON 4. These, however, are not typical times. The pandemic crushed transit ridership in the spring. This month’s virus surge has triggered new…
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Making Sense Of Tax Reform
…and pass-through taxation. However, because of how pass-through entities work, the new system will inevitably complicate matters for these businesses, especially in the first few years. That complication could very…
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Europe Ignores America’s Free Advice
Treasury Secretary Jack Lew (right) and then-Greek Prime Minister Antonis Samaras in 2013. Photo courtesy New Democracy on Flickr. If you have ever had a nosy neighbor who freely offers…
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