Dear Garden State Trust: My spouse died two years ago, leaving me an estate worth several million dollars. Because the estate was less than the federal exemption amount, I was told that no federal estate tax return was necessary. Was that advice correct? —Having Second Thoughts Dear Having: It’s complicated. Not filing the federal estate…
Month: January 2022
The Explosion of IPOs and New Investment Choices
Not all companies are available to be purchased by ordinary investors. Many companies, even very large ones, are held in private hands, and have no desire to change that anytime soon. In 2016, CreditSuisse compiled a report of the listed companies on major U.S. stock exchanges over the last four decades. Although the value of…