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What is it? A Section 2503(c) trust is an irrevocable trust established to hold gifts for a minor child until the child turns 21. It is named after Section 2503(c) of the Internal Revenue Code, which permits an exception to the general rule that only gifts of present interests (i.e., the right to immediately use, …
The ABCs of 2503© Trusts: A Must-Read for Every Parent Read More »
The Markets (as of market close February 23, 2024) Stocks advanced last week, driven higher by tech shares that were bolstered by favorable corporate earnings reports. The Dow, the Nasdaq, and the S&P 500 posted weekly gains for the 16th time out of the last 18 trading weeks. Among the benchmark indexes listed here, only …
Embarking on the entrepreneurial journey is a path filled with excitement, challenges, and the promise of freedom and financial rewards. Whether you’re considering launching a startup, buying an existing business, or investing in a franchise, understanding the nuances of each option is crucial for success. This guide delves into the critical aspects of starting or …
Starting or Buying a Business: A Comprehensive Guide to Entrepreneurial Success Read More »
