Preferred stock continues to trade at yields below historical averages. Despite increases in benchmark rates by the Federal Reserve, on the whole, we continue to be in a low interest rate environment. Preferred stock is often viewed as a debt-like instrument due to its fixed dividend rate. This implies that preferred stock is valued and trades like debt, meaning increases in market interest rates may push preferred yields higher and preferred stock prices lower, and vice versa.
Management Planning, Inc. ("MPI") is pleased to announce that Bill Murray CPA/ABV/CFF, ASA has joined MPI as a Managing Director based in Fairfield County, Connecticut.
MPI is proud to be the Coffee Break Sponsor for the American Heart Association 2019 Trusts & Estates Conference in New York City. What a great turnout with lots of familiar faces! #estateplanning #continuingeducation #cle #americanheartassociation
An important decision was issued by the United States District Court – Eastern District of Wisconsin (the “Court”), in March 2019, in which Chief Judge William C. Griesbach relied largely on the findings of the taxpayers’ experts to value gifts of minority interests in a Subchapter S corporation operating company, Green Bay Packaging, Inc. (“GBP”).
MPI's senior team of experts, including Elliot Rotstein and Tadd Lindsay, are on-site at Heckerling 2019 this week to exhibit and take part in the conversation on important tax and non-tax planning issues, including the challenges and opportunities presented by the 2017 Tax Act.