Steve Prostano

CR3's NxGen Profile of the Month is David Nizhner, a Senior Associate in our New York office. David has worked with third party advisors, clients, and creditors across multiple high-pressure restructuring situations involving strategy initiatives, management reorganizations, and Chapter 11 bankruptcies. Read more about David: https://lnkd.in/gScupZQE #nextgen #restructuring #turnaround #turnaroundmanagement

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Check out our latest video on passive investment solutions and how we assist in the exchange process! #1031exchange #Fiduciary #FiduciaryFinancialAdvisor #Investment #Finance #RealEstate #WealthManagement

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Fried Frank partner Rebecca Neuschatz Zelenka will moderate the panel, "Technology and Cybersecurity in Private Equity" at Markets Group's 12th Annual Private Equity New York Forum on May 15. Panelists will discuss how fund managers are dealing with rising cybersecurity challenges and the best approaches to solve and reduce vulnerabilities within their funds and across portfolio companies, among other topics. Click the link below for more details. #cybersecurity #privateequity

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On a recent episode of our BPB Knows podcast, NY tax advisor Maxwell Jewell, CPA, MST, hared the latest on the pass-through entity tax, upcoming changes and possible workarounds. Click here to listen - https://bit.ly/3JFyOD7 #podcast #PTET #taxtips

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𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐲𝐥𝐚𝐧𝐝 𝐓𝐚𝐱 𝐋𝐢𝐞𝐧 𝐀𝐮𝐜𝐭𝐢𝐨𝐧𝐬 Are you ready to invest in Maryland tax liens? This blog provides essential guidance to help you succeed, offering a step-by-step approach to navigating the auction process and managing your investments. 🔹 Tax Lien Process: Gain a thorough understanding of Maryland's tax lien system. Learn about the legal framework, redemption periods, and interest rates, and understand how these factors influence your investment strategy. 🔹 Property Research: Master the techniques for researching properties to identify the best investments. Effective research involves assessing property values, checking for existing liens or encumbrances, and understanding the local real estate market. 🔹 Auction Tips: Learn how to prepare for auctions with effective budgeting and bidding strategies. This includes setting a maximum bid based on thorough research, understanding the competitive landscape, and employing strategic bidding techniques to secure profitable liens without overpaying. 🔹 Investment Management: Get tips on managing your tax lien investments after the auction to maximize returns. Post-auction strategies include monitoring redemption statuses, managing foreclosures if necessary, and planning for potential property improvements or resale. Find the full blog in the comments. Want to learn more? Visit Tax Sale Resources: https://lnkd.in/g5UpWwRJ This blog is a valuable resource for both new and experienced investors. Share your insights and questions in the comments, and join the conversation on best practices for tax lien investing in Maryland. #TaxLienInvesting #MarylandRealEstate #InvestmentAdvice #AuctionPreparation #PropertyResearch #LinkedInLearning

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Check out the latest Rock Center Short on the recently enacted Subsection 18 of Section 122 of the Delaware General Corporation Law, effective August 1, 2024. This new provision offers statutory authorization for stockholder agreements. Discover what these agreements entail, their common applications, how "new wave" agreements are being used, and the potential impact of Subsection 18 on corporation law and incorporating in Delaware. In this episode, co-director Kristen Savelle is joined by Lauren P. Pringle, Editor-in-Chief of The Chancery Daily, a premier publication on Delaware corporate and commercial law. Don't miss this insightful discussion. https://lnkd.in/gEbuAzwc #Delaware #CorporationLaw #DGCL #StockholderAgreement

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📢 Upcoming FREE Webinar Join us on Wednesday, January 15th for an exclusive 1-hour Expand Your Practice webinar Noon-1pm CT: "The 2024 Delaware Trust Act & Beneficiary Well-Being Trusts: From Distribution Focused to Beneficiary Enhancement Focused Trusts." This session is a must-attend for professionals working with families managing generational wealth. Gain insights and strategies to evolve your practice and better support your clients. 🎙️ Presenters: Todd Flubacher: The Trust attorney behind the 2024 Delaware Trust Act. Todd brings unparalleled expertise, having presented on "Trust Planning With Beneficiary Well-Being In Mind: How Advisers Can Help Prepare The Next Generation For Inherited Wealth." Jennifer Zelvin McCloskey: A professor at the University of Delaware, Jennifer created a groundbreaking curriculum to teach future Trustees how to prioritize beneficiary enhancement over mere distributions. 🔍 This session will be both enlightening and challenging, providing actionable insights to elevate your approach to Trust management. REGISTER TO RECEIVE THE ZOOM LINK: [email protected] #Webinar #TrustAct2024 #GenerationalWealth #BeneficiaryWellBeing #Trusteeship

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In this article, Two Hawks Family Office Services co-founder Randy Fox, CFP®, AEP® walks through Delaware's Trust Act 2024, which introduces provisions for trusts to fund beneficiary education and well-being programs. This law enables trusts to include seminars, personal coaching, and family education initiatives aimed at enhancing financial literacy and personal development. Get the 5 factors to consider...

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🌟 In the Spotlight: Julie Welch Featured in The New York Times! 🌟 Meara Welch Browne's Tax Partner, Julie Welch, shared her expertise in the March 3, 2024, edition of The New York Times' "Business" section. The article, titled "What You Need to Know for the 2024 Tax Season" by Tara Siegel Bernard, features Julie's insights on potential midseason changes to the child credit. Discover how these changes could affect your tax returns and what the IRS has in store. Dive into Julie's quote and the full article for all the details! https://lnkd.in/ggQqKj_6

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Join the discussion. Foreign Family Trusts and U.S. Beneficiaries Navigating the U.S. Tax Minefield & Post-Election Discussion, anticipated Tax and Estate Duty Changes. In a recent post, Richard Rubin discussed the complexities surrounding foreign family trusts and the negative tax consequences that U.S. beneficiaries may face. Lucia De Klein Private Office invites both our existing subscribers and new subscribers who sign-up before November 20, 2024, to attend an informative session, on 3 December 2024. This session will transform and empower you to: - Understand the steps you can take to reduce U.S. taxes and penalties. - Help you understand how to navigate the complexities when there isn’t current financial data available on the trust. And allow you to: - Participate in a post-election discussion on anticipated changes to Tax and Estate Duty. Richard will give a 10% discount on his book, that will be available on our website during the early part of next year, to the attendees, as an easy accessible PDF version. Watch this space! For existing members, please save the date, or reach out to [email protected] for more information. To subscribe simply visit www.luciadk.com and choose which option best suits you. We are able to assist the corporate subscribers to do an annual payment instead of a monthly option. For additional details about the book visit NaviTax.us. #ForeignFamilyTrusts #USTaxPlanning #TaxStrategies #EstatePlanning #FinancialAdvisors #Trustees #LuciaDeKlein #TaxEducation #TaxCompliance #NaviTax 

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The MA Department of Revenue recently announced a tax amnesty program for non-filers and those with outstanding tax liabilities. From November 1 to December 30, most penalties for eligible taxpayers who file outstanding returns and pay outstanding tax and interest will be waived. Learn more from SCOTT CASHMAN, CFP® on the Don't Tax Yourself blog: https://lnkd.in/ezbxmB_A #Taxes #Taxpayers

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The Department of Labor has published its fiduciary rule. What does that mean for your business? Register for NAFA (National Association for Fixed Annuities)'s upcoming webinar: “An Inside Look at DOL’s New Fiduciary-Only Regime,” where Groom Law Group, Chartered, will break down key provisions of the new legislation and the impact on the fixed annuity industry, and how you engage with your clients. https://lnkd.in/ecj6tuSF #nafa #departmentoflabor #fiduciary

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Want a deeper dive into the capabilities of Drake Tax® to see if it's right for your practice? Our next seminar is August 12th in Baltimore. https://lnkd.in/evMtjcbn

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Founder and President Amy Lynch advises firms to be ready for SEC visits - For the remainder of this year, firms can expect the SEC to conduct more exams with an onsite component. With the lead comments in the ThinkAdvisor story, FrontLine Compliance Founder and President Amy Lynch is featured in the piece centered on FrontLine Compliance’s regulatory commentary informing the industry of the SEC’s latest exam trends. Ms. Lynch explains how an increasing pace of SEC exams means a busy time for compliance over the next several months. Firms…[Read More] https://lnkd.in/eSmWedke #regulatorycompliance #exams #onsite #enforcement #election2024 #frontlinecompliance #frontlineexperts #frontlineedge

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Mergers and acquisitions open doors for growth and expansion, but navigating regulatory hurdles can be complex—especially in Massachusetts. Local counsel brings critical expertise in state laws, due diligence, and contingency planning to keep your deal on track. Discover how SederLaw’s local counsel services can help your M&A transaction succeed. 👉 For full insights: https://buff.ly/41mwGtX #MergersAndAcquisitions #LocalCounsel #RegulatoryCompliance #BusinessLaw #SederLaw

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