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Estate Tax Calculation and Compliance - 303 5 Taxable estate is found by subtracting charitable deduction and marital deduction from the AGE 6 Adjusted taxable gifts rule A Adjusted taxable gifts are de ned as the taxable portion of all post-1976 gifts A gift is taxable to the extent it exceeds any allowable (1) annual gift tax exclusion, (2) gift tax marital deduction (similar to the estate tax marital deduction, but for lifetime gifts to a spouse), or (3) gift tax charitable deduction B The sole purpose of the adjusted taxable gifts coming into the estate tax equation is to move the decedent s taxable estate up into the appropriate marginal rates C Gross estate versus taxable estate (1) If a gift is added to the gross estate, the value of the gift is the fair market value of the property as of the date of death (or alternative valuation date, if elected) Gifts that for any reason have been includable in a decedent s gross estate are not considered adjusted taxable gifts (2) If the taxable gift is added to the taxable estate, the value at the date of the gift applies 7 Add the adjusted taxable gifts to the taxable estate to arrive at the tentative tax base 8 Tentative tax calculation The tentative estate tax is determined by applying the uni ed transfer tax rate from Section 2001(c) to the tentative tax base 9 Credits A Gift tax payable (1) The tentative tax is reduced by the gift tax paid or payable on gifts included in the tax base (2) Gift tax paid is a reduction of estate tax and not a credit (3) It is the dollar amount after application of the uni ed credit B Uni ed credit (1) The credit must be used the rst time a gift tax or an estate tax is required to be paid A taxpayer does not have the right to pay tax in lieu of using the uni ed credit (2) The total tax on the net gift or estate is calculated, then some or all of the credit as may be necessary is applied against total tax due and owing on a dollar-for-dollar basis The balance, if any, is the net tax due (3) If the credit is not fully utilized in one transaction, the balance will carry over to another, later transaction If credit remains after calculating any tax due at death, that credit vanishes and no one gets the bene t of it (4) The amounts of uni ed credit, and their applicable exclusion amounts, are as follows: Year 2003 2004 2005 2006 2007 2008 2009 Uni ed Credit 345,800 555,800 555,800 780,800 780,800 780,800 1,455,800 Exclusion Amount 1,000,000 1,500,000 1,500,000 2,000,000 2,000,000 2,000,000 3,500,000.



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Use hardware-style load balancing (with something like the Cisco LocalDirector) Use software-style load balancing (with something like the Apache Web server) Ignore load-balancing hardware/software and rely on session migration (often provided by servlet or J2EE vendors)





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McDonald s has to offer more than just low prices QSC&V [quality, service, cleanliness, and value] are the core elements that built the brand from its beginnings in 1955 But McDonald s became somewhat of a commodity, driven primarily by pricing strategies, offering customers games and discounts rather than focusing on QSC&V Over time, that hurt the brand, in my opinion, and confused the customer I think McDonald s lost some of the magic that differentiated the brand in earlier years Dunn believes that many people working at McDonald s today don t know the real McDonald s story and its rich history McDonald s needs to hold on to its traditional core values, continuing to revitalize the brand as the market and customers change, he said It must focus on the customer rst and view the business through the eyes of the restaurant manager and crew.

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304 - Estate Planning C Prior transfer credit (1) The credit for taxes on prior transfers is available where the same property has been taxed in the estate of a person who died within 10 years before or 2 years after the decedent s death (2) The credit for tax on prior transfers is limited to the smaller of (a) The amount of the federal estate tax attributable to the transferred property in the transferor s estate (b) The amount of federal estate tax attributable to the transferred property in the decedent s estate (3) If the transferor died within two years before or two years after the present decedent s death, the credit is the smaller of the two limitations If the transferor died more than 2 years before the decedent, the credit is reduced by 20 percent for each 2 years by which the death of the transferor preceded the decedent s death, up to 10 years D State death tax It does not reduce the total estate tax It merely divides the total death taxes between the federal and state governments E Federal estate taxes (1) No prior gifts: Gross Estate Less: Equals: Calculate: Less: Equals: Less: Less: Equals: (2) With prior gifts: Gross Estate Less: Equals: Plus: Equals: Calculate: Less: Less: Equals: Less: Less: Equals: Total deductions Taxable estate Adjusted taxable gifts (post-1976) Estate tax base Tentative estate tax Gift taxes payable on post-1976 taxable gifts Uni ed credit Total death taxes State death tax credit Other credits Federal estate tax Total deductions Taxable estate Tentative estate tax Uni ed credit Total death taxes State death tax credit Other credits Federal estate tax

The last option may be the easiest to set up because, as a servlet deployer, you don't have to worry about integrating other hardware or software into your design However, the serialization and potential synchronization requirements of persistence/replication can make migration slow, particularly if you have a large number of machines running servlet containers (ie, a large servlet cluster) The second-to-last option is fine, but may be slightly slower and less robust than the first option Using software-style load balancing may require that you restart the software every time a new machine is added Worse, since the software can crash, it may be a service availability risk From a performance standpoint, an extra Web server represents another software hop and thus slightly increases client/server latencies A hardware-based load balancer tends to be the quickest and most reliable way to distribute servlet load It's also often the easiest to administer many of these devices allow you to plug in new servers without shutting down the load balancer (and thus sacrificing its existing session state information) Hardware load balancing is probably the most expensive choice, but it's the one I recommend for the best scalability

Dunn went on, McDonald s spent almost $1 billion last year in.

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