Hudson Valley Business + Focus Section : Estate Planning | Banking & Finance | Health Care

Hudson Valley Business News - HudsonValleyBusinessNews.com

Advertising

Reader Services

Business Web

Vol. 1, # 40 | October 8, 2007

Feature Section

Ask Andi :

Budgeting is a tool for running your business

Faces & Places :

‘A dream come true’

The eagles soar

Focus Section :

Estate Planning

Banking & Finance

Challenging Careers : Head out on the highway

Profits & Passions : Sonja and Mike Gilligan

ViewPoints :

GuestView : Mary Kay Vrba
Hudson Valley Tourism hard at work attracting gues

OurView : Riding the economic waves

Special Section :

Business Relocation

Valley Vines

On the Record :

Credits, Clients & Awards

Real Estate Update

Hudson Valley Archive

Web	HudsonValleyBusinessNews.com

Hudson Valley Focus Section

--Estate Planning

	Estate planning is essential, regardless of what Congress does By STEVE RANDBY Since Congress passed the Economic Growth and Tax Relief Reconciliation Act of 2001, the federal estate tax has been highly confusing to most people. While that law provided tax relief, it also increased uncertainty over how estates will be taxed in the future. ILIT a valuable planning technique By TRACY CHRISTEN REIMANN As the 2008 elections loom closer, the question of where the political hot potato known as the “federal estate and gift tax” will land is sure to attract its share of rhetoric. There are many opinions about where it should land, but only speculation about where it will land. We must all “hope for the best but plan for the worst.”

--Banking & Finance

	Key to cut jobs at future headquarters Numbers still unknown By KATHY KAHN When KeyBank announced its buyout of Union State bank and its intention to move its corporate headquarters to USB’s Orangeburg location, USB employees were already waiting for the other shoe to drop. In September, it did. Service accepts and clears checks online The state Department of Transportation Federal Credit Union (www.dotfcu.org) has introduced “U-Deposit,” a technology allowing members to initiate check deposits online and have immediate access to those funds. The service is available for members that have a dividend-bearing prime or preferred-checking account. Economic Development Works on Numerous Fronts to Bring in Businesses By LYNN WOODS “For companies seeking to relocate, the Hudson Valley offers abundant office and warehouse space, industrial facilities and green space for development. But in terms of what firms are looking for, the single most important resource is the always-sought good, smart worker.

--Health Care

	Hospital merger is all systems go By LYNN WOODS Kingston and Benedictine hospitals, both located in midtown Kingston, are on track for their planned merger. The effort got a boost with the announcement from the state Department of Health (DOH) and the state Dormitory Authority that the new consolidated entity would receive $47.6 million in state funding. Hinchey would up Medicaid payments By LYNN WOODS Benedictine and Kingston hospitals receive approximately 25 percent less in federal reimbursements for Medicaid than neighboring hospitals in Dutchess and Orange counties. The reason is that the Kingston facilities are classified in a federal Metropolitan Statistical Area (MSA) rated 107 percent of the national average for Ulster County, compared with a rating of 131 percent in Dutchess and Orange counties, which is equivalent to the 107 rate in New York City. The MSA is tied to wages and other cost-of-living factors, with more expensive areas getting higher reimbursements.

Blog Section

Advertising

Reader Services

Business Web

Westfair Communications Inc.

© Copyright 2007 Westfair Business Publications

3 Gannett Drive, White Plains, NY 10604
Tel: (914) 694-3600 + Fax: (914) 694-3699

NYPA