Your single vote can make a big difference. Did you know that during the last several years in the U.S., a few races have been decided by a single vote or ended in a tie? 2017: A Virginia House of Delegates race ended in a tie out of more than 23,000…
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How will pending tax law changes impact your estate plan? The 2017 Tax Cuts and Jobs Act (TCJA) doubled the lifetime estate and gift tax exemptions at the time, with continued increases after 2018. Currently, in 2024, the exemptions stand at $13.61 m…
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As summer ends, business owners should consider decisions and tasks to complete during the final months of the year. A thorough review of existing corporate documents will address: Entity Filings and Reports: Was the business properly formed to opera…
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As parents begin to pack up their college-bound children, many overlook a crucial task: having conversations about parental access to certain legally protected information about the child, such as academic and medical records. Upon turning 18, childr…
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What legal documents does an 18 year old need? 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…
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We have discussed the reporting requirements of the Corporate Transparency Act in a November post and a January post. The reporting requires the names, addresses, birth dates, and identification numbers from a driver’s license or passport of th…
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Governor Whitmer recently extended the deadline under Michigan’s Marketable Record Title Act (MRTA) to September 29, 2025. Certain property interests are extinguished if they are not protected by appearance or reference in a property’s chain of t…
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Late this past Friday, a U.S. District Court Judge in the Northern District of Alabama issued a ruling in favor of the National Small Business Association holding that the Corporate Transparency Act (“CTA”) exceeds the limitations that the Consti…
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As January comes to a close, it’s important to remember that reviewing and possibly updating your estate plan should still be among your new year’s resolutions. There may be several obvious reasons why you might need to update your estate pla…
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How do you plan for digital assets? Most of our financial information, social interactions, and family sentiments are in some form of digital storage. These are commonly called “digital assets.” More and more of our lives are no longer in tangibl…
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