Austin Personal Injury Lawyer

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Private Annuity Trusts Supercharge your Retirement
By Paula Straub

You have made some great investments in Real Estate or in a Stock Portfolio. Congratulations! Now you are ready to retire on your gains. But wait. To benefit from your investment appreciation, you're going to have to sell some or all of those assets. If you sell your investment property, you will need to pay capital gains tax to the Federal Government, State, and you will also pay recaptured depreciation. If you're in California, add another 3 1/3% in withholding. That's a huge chunk of change, and a big blow to your savings.

If you sell your stocks, you'll be giving up at least 15% to capital gains. There is also no guarantee that the long term capital gains rate will remain at...
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In the News

Date set for attempted murder trial
LAKEPORT -- Judge Richard Martin set the trial date and a hearing for a motion to dismiss Tuesday in the case against a North Hollywood man on charges including attempted murder. Read More ...

Innkeepers, Tronox, Brown, Taylor Bean, Colonial: Bankruptcy
Innkeepers USA Trust didn’t properly carry out its duties to creditors, U.S. Bankruptcy Judge Shelley C. Chapman ruled last week. Chapman refused to approve an agreement that would have compelled Innkeepers, a real estate investment trust, to pursue a reorganization plan giving the stock to a subsidiary of Lehman Brothers Holdings Inc. Read More ...

It's his way or the courts as Collins doesn't flinch
Erie County Executive Chris Collins does what he wants and lets the people who don't like it sue him. Read More ...

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