Many New York businesses have benefited from the EB-5 visa program. This federal immigration program allows foreign nationals an opportunity to apply for a green card after investing in qualified development projects.
The prospect of making final plans for one’s assets and heirs may seem like a daunting task to many New York residents. However, with the guidance of experienced professionals, this chore does not have to be a taxing experience.
There have been many projects completed in New York through the use of investments from companies that are affiliated with the EB-5 visa program.
The beloved “Queen of Soul,” Aretha Franklin, recently passed away from cancer at the age of 76. In the aftermath of her death, while fans mourn her loss, family members may struggle to divide her assets since she reportedly did not have any estate plans in place.
Any child may bring joy and heartache to a parent, and yours is no exception. Your child is unique, and you have watched him or her grow and develop over the years.
When the U.S. Supreme Court ruled for marriage equality, it also cleared the way for couples in a same-sex relationship to dissolve their union legally.
At the end of September, the EB-5 visa program is set to expire once again. While it is uncertain what actions Congress may take, there have been efforts on the part of some lawmakers and an official with the Immigration Service, who are calling for the program to be terminated.
The saying that the only things one can count on for certain are death and taxes remains true no matter where one resides.
The establishment of the EB-5 visa was intended as a way of obtaining foreign investment capital for certain projects that met the program’s parameters.
It is likely that the majority of people who hear about the importance of setting up trusts or drafting wills believe that the main goal is to avoid estate taxes.