I wanted to write and let you know the latest on the bill that has made it through both the house and the senate in Minnesota and was signed into law by Governor Dayton on May 23, 2013. Here are the highlights as they apply to income, gift, and estate taxes. There are a number […]
December 12, 1915 – May 14, 1998 It has been 15 years since Ol’ Blue Eyes passed away at the age of 82. Frank Sinatra’s legacy lives on and needs little introduction. Famous for his music and movies, Frank is an iconic celebrity even in death. He was a member of the Rat Pack – […]
We all know the saying about death and taxes being the only certainty in life. Well, ironically, there is very little certainty when it comes to the “Death Taxes.” Just this week, I received a newsletter from an Illinois attorney, Manish Bhatia, in which he explained how President Obama’s new tax proposal included changes to […]
July 30, 1863 – April 7, 1947 Henry Ford was the founder of the Ford Motor Company and the person responsible for developing and manufacturing the first affordable automobile available to middle class Americans. He was born in Dearborn, Michigan and had an early interest in the mechanics of how things worked. It is said […]
February 1, 1965 – March 31, 1993 Twenty years ago today, Brandon Lee tragically died at the young age of 28 from a gunshot wound while filming the movie The Crow. He was shot accidentally by a prop gun being used on set, which had a bullet lodged in the chamber. Lee was the son […]
March 6, 1906 – March 3, 1959 Lou Costello – known for half of the Abbott and Costello comedy team – passed away 54 years ago today, just days shy of his 53rd birthday, from a heart attack. He was born in New Jersey and went to Hollywood to become an actor in his early […]
For months before the end of 2012, the “fiscal cliff” dominated news cycles. Now, we have the sequester. The sequester is a series of automatic spending cuts to the federal budget to reduce spending by $1.2 trillion over the next ten years. The sequester will take effect on Friday, March 1st, unless the White House […]
March 17, 1919 – February 15, 1965 Nat King Cole was born Nathaniel Adams Coles in Montgomery, Alabama. He began playing music at an early age and eventually began performing under the name “Nat Cole.” He added “King” from a nickname he ultimately acquired from performing regularly at a jazz club. Nat King Cole recorded […]
J.P. “Big Bopper” Richardson – Oct. 24, 1930 – Feb. 3, 1959 (age 28) Buddy Holly – Sept. 7, 1936 – Feb. 3, 1959 (age 22) Ritchie Valens – May 13, 1941 – Feb. 3, 1959 (age 17) On February 3, 1959, a plane traveling from Mason City, IA to Fargo, ND crashed in the […]
Bethenny Frankel is the real housewife turned mogul, who sold her SkinnyGirl drinks to Beam Global for $120 million. In a matter of a few years, Bethenny went from near bankruptcy to multi-millionaire. She also went from single, to marriage, to motherhood in that same time frame. And now, she is getting divorced. I don’t pretend to be […]
May 4, 1929 – January 20, 1993 Today is the 20th anniversary of Audrey Hepburn’s death. Audrey Hepburn was a beautiful, iconic Hollywood actress, who eventually left the movie star life and began doing humanitarian work for UNICEF. Ms. Hepburn was born in Belgium and spent part of her childhood in the Netherlands during World […]