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Latest press releases in Investment Services
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 New Federal Estate Tax Poses A Potential Hazard To Retirees
One of the most notable provisions in the recently passed Obama Tax Relief and Job Creation Act of 2010 (the 'Act') is the raising of the federal estate tax exemption limit to $5,000,000 per person with a maximum estate tax rate of 35%. This means that a married couple, with proper planning, can pass $10,000,000 estate tax-free. And while this is welcomed news to many wealthy investors, the recent Act comes with a potential downside.  World's Oldest Human Passes Away Leaving Behind a Lesson on Retirement Income Planning
Eunice Sanborn of Jacksonville Texas passed away peacefully January 31, 2011 at the age of 114. According to the Guinness Book of World Records, she was the oldest living person in the world at her death. And while the average person certainly wouldn't expect to live as long, her story provides valuable insight into the growing trend of longer life expectancies and the need for a well thought-out retirement income planning solution.  Hanley Investment Group Closed Four Shopping Center Transactions Valued at Over $50 Million in 30 Days
Hanley Investment Group Real Estate Advisors has sold four retail properties totaling over $50 million and more than 130,000 square feet in the last 30 days. They are: Gateway Village in Chino Hills, Calif. (96,959 sq. ft.) for $34 million; Walgreens in Riverside, Calif. (14,991 sq. ft.) for $8.7 million; Walgreens in Oklahoma City, Okla. (14,490 sq. ft.) for $5.94 million; and La Verne Plaza in La Verne, Calif. (6,630 sq. ft.) for $1.7 million.  Hodgdon-Miank Construction Completes $2 Million Phase I Renovation at Pierside Pavilion in Huntington Beach
Hodgdon-Miank Construction, Inc. has completed a $2 million major renovation of the Pierside Pavilion, a four-level retail, dining, and office complex located at 300 Pacific Coast Highway in downtown Huntington Beach, Calif. The renovation converted the former Mann 6 Theatre into 33,049 square feet of multi-use Class “A” office and restaurant space and renovated a two-level, 118,790-square-foot subterranean parking structure. Phase two, which will commence shortly, will consist of extensive tenant improvements for new tenants Grupo Gallegos, an award-winning advertising agency, and a live entertainment venue. In late June, Hodgdon-Miank Construction completed tenant improvements at Pierside Pavilion for International retailer Havaianas, which opened its first U.S. location there.  Apia: Rewarding Tennis Fans
Want free tickets to the tennis? Apia day passes to the Medibank International Sydney now available for customers.
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