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Notes on Prosperity January 2007
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Prosperity's Many Faces |
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File the Articles of Incorporation for your film company. Help your parents place their six rental properties in their living trust. The squeal and dance of a twelve-year-old, holding up her new blue sweater.
Study the tenancy in common agreement on your Florida shopping center investment. Form a charitable trust that benefits both your family and a cancer research center. The sparkle in your spouse's eye as you head to the city for the weekend.
Replace the family's entangling joint tenancies with trusts that clarify ownership interests. Draft a will that names your brother as your children's guardian, if anything happens to you. The kick of a half mile run in 2:24.
Close your company's $48.7 million loan to the Washington, D.C. office developer. Negotiate a condominium where your twins could live while attending UC Santa Barbara. The time to read the Halberstam biography.
Settle with the other six shareholders on the terms of the company's buy-sell agreement. Meet with the newest limited partner in your real estate investment fund. The collaboration of Herbie Hancock and Sting on Sting's “Sister Moon.”
Clutch the lease for the loft from which you launch your clothing company. Frame the letter from the Town conceding that it cannot compel the merger of your five lots. The snap of the net as your daughter's jump shot rips through the center of the hoop.
Give your appreciated principal residence to your sons, without paying gift tax. Sell the appreciated apartment complex to your niece, without paying income tax. The taste of a cup of hot miso soup.
Update the task checklist on the sale of your hotel business. Review the Declaration of Covenants and Restrictions for the townhouse in Sydney. The echoes of, “Thank you for helping me with my homework.” Sell the warehouse bought 15 years ago, so you can pay off VISA and your 2nd mortgage. Discard the idea of forming a family limited partnership—too much hostility from the IRS. The light of KT Tunstall's “Suddenly I See.” |
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© 2007 by William Devine Esquire. All rights reserved worldwide. Disclaimer. |