American Business
Articles of Interest
Week of February 6th, 2017

This is our first "Articles of Interest" for 2017.  I figured with the snow in the Northeast today, this would give you a break from shoveling.  I have included my white paper regarding the State of the Estate Tax. You may have seen parts of this published in other journals, but this is the entire piece.

Discovering the Hidden Value of Life Insurance Policies: Application of Life Settlements in the Context of Bankruptcy
Bloomberg Law Reports, Robert Stark, Michael E. Eidelman, William W. Thorsness, and Ken Klein, December 9th, 2011

I felt this was an interesting article from the past that addresses the vibrant market for unwanted personal and corporate life insurance policies. We just completed a sale for one of our clients of an $8 Million face amount policy, for $5 Million cash.

Insurance Policies on Slaves: New York Life’s Complicated Past
The New York Times , Rachel L. Swarns, December 18th, 2016

New York Life Insurance Company had some difficult "press" recently when information was disclosed via "sunshine laws" concerning their history of insuring slaves in the 1840s.

How to Hide $400 Million
The New York Times , Nicholas Confessore, November 30th, 2016

A long and surreal article about how "creative" planning by a CPA firm may put their clients at risk and in jail.

The Financial Benefits of Buying What You Love
The New York Times , Carl Richards, December 21st, 2015

In this eye catching article by Carl Richards, he discusses the reverse of buyers' remorse. Interesting read.

The State of the Estate Tax (January 2017)
Alan Grad, January 23rd, 2017

With the estate tax in the political mix again, I have written a current update of the facts, recommendations and opinions.