article thumbnail

Protecting Family Assets and Future Generations with Proactive Estate Planning

Cherry Bekaert

Company Background A family-owned, closely held real estate LLC valued at $50-70 million sought out Cherry Bekaert for estate planning guidance to ensure the business remained in the family. The SLAT structure provided significant advantages, including valuation discounts, income tax benefits and asset protection.

article thumbnail

The Benefits of Delayed Business Filings

CPA Practice

Administrative considerations: If administrative or logistical challenges could cause delays, planning for a later filing date may provide the necessary time to address and overcome these issues.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 10 Best Property Taxes By States in 2021: Move Here to Save Money!

LyfeAccounting

Also at number six, we have a tie – the state of South Carolina. South Carolina. South Carolina has the exact same property tax rate as Delaware at 0.57%. The median home price in South Carolina is $162, 000 while Delaware’s median home price is $251,000.

article thumbnail

The 10 States With the Lowest Property Taxes in 2021

LyfeAccounting

Also in number six, we have a tie – the state of South Carolina. South Carolina. South Carolina has the exact same property tax rate as Delaware at 0.57%. The median home price in South Carolina is $162, 000 while Delaware’s median home price is $251,000.

article thumbnail

Professionals on the Move – May 17, 2023

CPA Practice

FORVIS Adds Aaron Schaal as Tax Partner in New York FORVIS recently announced the hiring of Aaron Schaal as a partner with its tax team in New York. tax planning experience as well as considerable international tax and transfer pricing experience to FORVIS. Schaal brings significant U.S. He also earned a J.D.