Dec 23, 2016

Posted by in Blog - "Altman Speaks"

Holiday Hours

The Altman & Associates offices will be closing at 12:00 PM today and will re-open on Tuesday, December 27th. Wishing everyone a happy and safe holiday weekend! – The Altman...

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Dec 5, 2016

Posted by in Blog - "Altman Speaks"

Preventing Elder Financial Exploitation

Victims of elder financial abuse lose $2.6 billion every year, according to published reports. One out of every 20 elderly individuals have admitted to being victimized through financial exploitation. However, statisticians estimate that this number may be even higher since it is believed that only...

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Dec 1, 2016

Posted by in Blog - "Altman Speaks"

Don’t Wait Too Long for Business Succession Planning

In August 2016, the United States Treasury Department proposed new regulations that would limit the use of valuation discounting. This is a common planning technique that has assisted individuals in executing wealth transfers for years. The premise is that a person can transfer an interest in a...

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Nov 30, 2016

Posted by in Blog - "Altman Speaks"

The Third Richest Man in the World Believes in Regular Estate Planning

The Third Richest Man in the World Believes in Regular Estate Planning With a net worth of roughly $70 billion dollars, Warren Buffet has very strong opinions about what he wants to happen with his fortune after he’s gone. It’s widely known that he intends to bequeath the majority of his wealth to charity, namely the Bill & Melinda Gates...

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Nov 30, 2016

Posted by in Blog - "Altman Speaks"

What Is the Difference between Asset Protection and Estate Planning?

Virginia residents who would like to protect their property often use two different channels to accomplish this goal: asset protection and estate planning. Asset protection seeks to find ways to protect assets in a proactive manner while estate planning is more focused on how assets are treated...

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