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Trusts & Estates Update – Spring 2018

As spring makes its slow, but eventual, arrival, it is a perfect time to evaluate your current state of affairs in light off your future goals and aspirations. Estate planning  is an integral part of financial planning that prepares you and your family for an uncertain future in the context of your wishes for your […]

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Cathleen Bahan Consulting

Altman Ruling Offers Clarity – and Opportunity – for NYC Real Estate Investors

On April 26, 2018, New York State’s highest court – the Court of Appeals – unanimously ruled in a case that had created significant uncertainty for owners and tenants of many multifamily buildings in New York City since 2014. In Altman v. 285 West Fourth LLC, tenant Richard Altman asserted that his apartment had been […]

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Cathleen Bahan Consulting

Promises and Pitfalls for
Real Estate Investors: The New Tax Law

A Conversation with Jason Ackerman, CPA There has been a tremendous buzz about the sweeping overhaul of the tax code enacted late last year, but most taxpayers are only just coming to grips with what the changes might mean for them. The Tax Cuts and Jobs Act of 2017, signed into law by President Trump […]

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Cathleen Bahan Consulting

Holm & O’Hara LLP Releases Estate Planning: “What is Truly Important to You” Brochure

Estate planning is a topic that most people would rather defer, for obvious reasons.  But it becomes a much more attractive subject once you understand its real purpose. Our publication, “What is truly important to you?” provides more information about strategic estate planning, including some composite case studies to show how different estate plan scenarios could […]

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Cathleen Bahan Consulting

NNN Properties:  An Opportunity for Real Estate Investors

Like everything else in the current global economy, investing in real estate is not quite as straightforward as it used to be.  Urban multifamily buildings, once almost exclusively the domain of smaller, family-owned concerns, are increasingly sought by larger – even corporate – investors.  The stresses of dealing with unpredictable operating expenses and even less […]

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Cathleen Bahan Consulting

December 2016 Trusts & Estates Update

As one year closes and another begins, it is useful to evaluate your current state of affairs in light of your future goals and aspirations. Estate planning is an integral part of financial planning that prepares you and your family for an uncertain future in the context of your wishes for your legacy. Click here […]

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Cathleen Bahan Consulting

Holm and O’Hara LLP Releases “Triple Net (NNN) Leased Properties” Brochure

Many real estate investors are making NNN properties their vehicle of choice for a wide range of reasons, including reduced management responsibilities and significantly lower operating costs.  Our NNN overview provides a guide to determining whether NNN properties are right for you, along with some tips for selecting property.  We include 5 case studies (drawn […]

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Cathleen Bahan Consulting

Now is the Time to Distribute Shares in Your Family Business

A proposed new IRS regulation could eliminate the tax advantages of transferring interest in family-owned businesses to family members. Under current rules, interest in family business may be transferred to family members at a discount.  The specific amount of the discount varies depending upon a number of factors including restrictions in the partnership agreement and […]

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Cathleen Bahan Consulting

Planning for a Rainy Day – Using a Life Insurance Trust To Care For Your Loved Ones and Provide Liquidity For An Estate

Introduction Many financial planners suggest people create a “rainy day” fund to handle unexpected cash needs that come up, like a car repair or an unexpected increase in a child’s after-school activity. But many people do not realize that having this type of liquid fund is an important part of estate planning, too. As people […]

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Cathleen Bahan Consulting

Make §1031 Like-Kind Exchanges Work for You

In spite of recent news reports showing that IRC §1031 is under attack (see our last update and a subsequent New York Times article),  the §1031 like-kind exchange remains a popular and viable strategy for deferring the entirety or a portion of capital gains taxes that would be due upon the sale of  appreciated value of certain classes of […]

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Cathleen Bahan Consulting

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