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Learn about the latest legal developments that could potentially impact your life, your family, and your business.
What Rights and Property Interests Can Survive Divorce?
What Rights and Property Interests Can Survive Divorce?
The result of a divorce is to render the spouses single and unmarried. The divorce also determines which party owns each of the couple’s assets or is responsible for the payment of liabilities. While the dissolution of marriage should comprehensively address all...
Revved Up for Revocable Trusts
Revved Up for Revocable Trusts
Revocable trusts are commonly used in estate planning to avoid probate. However, they offer a wealth of other benefits. They also have disadvantages that can result in unintended consequences. To avoid problems, it’s essential to consult an attorney to determine...
What Is Wiretapping and How to Protect Yourself?
What Is Wiretapping and How to Protect Yourself?
Wiretapping may seem like something that only happens when the government is investigating a crime but it occurs all the time by everyday people. Spouses, business partners, employers and employees, businesses and their competitors, and parties to a lawsuit may be...
Tax Issues With Buy-Sell Agreements Between Family Members
Tax Issues With Buy-Sell Agreements Between Family Members
Buy-sell agreements offer business owners an important tool for succession planning. If there are multiple owners or partners and one of them departs voluntarily or involuntarily, problems can arise if there has been no planning to address what happens to the...
What Do Trustees Need to Know About the Corporate Transparency Act?
What Do Trustees Need to Know About the Corporate Transparency Act?
On January 1, 2024, the Corporate Transparency Act went into effect. The law creates a nationwide central registry whereby “beneficial owners” of all legal entities, including limited liability companies (LLCs) will be reported. Under the Act, a beneficial owner...
Halt! Employee Retention Tax Credit Processing on Pause
Halt! Employee Retention Tax Credit Processing on Pause
The Employee Retention Tax Credit (ERTC) was established as part of the 2020 Coronavirus Aid, Relief and Economic Security (CARES) Act to help businesses that retained employees during the pandemic. While many businesses have taken advantage of the ERTC program and...