Before the Sun Sets

Before the Sun Sets

The 2017 Tax Cuts and Jobs Act (TCJA) doubled the lifetime estate and gift tax exemptions, increasing them to $11.18 million for individuals and $22.36 million for couples, with continued increases after 2018. Currently, the exemptions stand at $12.9… Read More
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Short-Term Rental Review

Short-Term Rental Review

Short-terms rentals have become increasingly popular with real estate investors and those who want to purchase a retirement or vacation home for the future but are willing to rent it to vacationers during the intervening years. Whether you are consid… Read More
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You Better Think

You Better Think

After Aretha Franklin’s death in 2018, two wills were found in her home. Both were handwritten by Franklin and neither was drafted by an attorney. A judge recently determined that a jury could decide whether the 2014 document that was found in a no… Read More
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Contract by Emoji

Contract by Emoji

A court decision from Canada has received a lot of attention after a thumbs-up emoji in a text message was deemed to show acceptance of a grain contract that required a farmer to deliver $82,000 worth of flax in November 2021. The grain and crop inpu… Read More
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The Success in Succession

The Success in Succession

Succession planning for family businesses is a crucial but often overlooked part of planning for the future. Having a plan in place that outlines how the business will continue to operate, even as ownership and leadership changes, is essential for th… Read More
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Small business owner protecting against cyberattacks

Cyberattacks on Small Businesses

Small businesses are very vulnerable to cyberattacks — and failure to defend against an attack could cost everything and shut down the business, temporarily or permanently. According to a Verizon report, more than 40 percent of all cyberattacks are… Read More
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Group of young adults who require legal documents after turning 18

Legal Documents for Young Adults

Amidst commencements and graduation parties, an item that does not appear on most parents’ summer checklists for their graduate is a visit to the attorney’s office. Upon turning 18 years old, a child is considered an adult for most purposes. Alth… Read More
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Businessperson performing due diligence of intellectual property when buying or selling a business

In Due Course

A major part of buying a business with value tied to its intellectual property portfolio is due diligence on how it owns and protects its intellectual property. Companies with brand recognition or products that rely on trademarks and patents will nee… Read More
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Risky Business

Risky Business

Once your corporation or limited liability company is formed, its legal status must be maintained by keeping it in good standing. This requires filing annual reports with the state of its formation and any other state where the company is authorized… Read More
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Man and woman reviewing business documents as part of due diligence

In Due Time

When assisting clients with buying or selling a business, the initial challenge is the process of “due diligence,” requiring a deep dive into the company being sold. Parties are usually surprised at the time and effort necessary for the investiga… Read More
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