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Tax Court Rules $2 Million Bequest to Spouse Isn’t QTIP

Wealth Management

Martin had created a revocable trust on March 8, 2012, and executed a second amendment to such trust on July 30, 2018. But the court allowed the marital deduction for a bequest intended to create a separate trust. Trusts Created Martin Griffin died on July 9, 2019, survived by his spouse, Maria Creel.

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Manufacturing Has Peaked This Cycle, 8 of 11 ISM Components in Contraction

Mish Talk

Please consider the November 2022 Manufacturing ISM ® Report On Business ® “Manufacturing contracted in November after expanding for 29 straight months. Order backlogs, prices and now lead times are declining rapidly, which should bring buyers and sellers back to the table to refill order books based on 2023 business plans.”

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16 Ways to Invest $30,000 in 2023

Good Financial Cents

2012: 13.41%. Invest in a Small Business. Investing in small businesses can be a great way to diversify beyond the stock market. You’ll need a few good ideas to develop a business plan that could work. You could start a home-based business or consider investing in a franchise. 2020: 16.26%.

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What Else Might be Driving Sentiment?

The Big Picture

If you can’t beat ’em, join ’em seems to be the business plan, even if it makes the rest of us miserable in the process. The response has been to approach news coverage in a similar algo-driven, dopamine-chasing manner that makes Social media so toxic. We are what we eat, media diet included.