The use of endorsements and testimonials is commonplace in advertising. Advertisers frequently choose to feature the opinions of happy, satisfied customers, or influence potential purchasers through the use of celebrity or expert endorsers, and in more recent times social media influencers. However, it is important to know that certain uses of endorsements and testimonials may […]
SOCIAL MEDIA INFLUENCERS AND ENDORSEMENTS Read more »
Five years ago, cryptocurrency was probably not on your radar. Today, it may be an important investment in your portfolio. You could even own some nonfungible tokens (NFTs), which are powered by the same blockchain-based technology. Despite the dizzying fluctuations in the value of these assets, you should ensure that they are included in your
How Cryptocurrency and NFTs Fit Into Your Estate Plan Read more »
An estate plan often focuses on tangible property such as jewelry, artwork, money, and vehicles. However, in this age of technology, it is important to remember to include your digital assets. Digital assets consist of everything we own online. Because we spend more time on computers and smartphones than we ever did before, you may
Planning for Your Digital Legacy Read more »
Whether you are a physician or not, you probably know that the practice of medicine is a profession fraught with liability. It’s not just medical malpractice claims either – employment related issues, careless business partners and employees, contractual obligations, and personal liabilities add to the risk assumed by a physician in private practice. Unfortunately, in
Four Liability Planning Tips for Physicians Anyone Can Use Read more »
A SLAT is an irrevocable trust created by one spouse for the benefit of the other spouse, who is the beneficiary of the trust. SLATs can be used to protect the assets held by the trust from creditors and to minimize the federal estate tax. In a typical SLAT, the creditors of the donor spouse
Spousal Limited Access Trust (SLATs) Read more »
There are many expenses incurred in starting, running, and growing a business. Luckily for business owners, many of these expenses can be deducted. Knowing which expenses you can deduct helps to lower your tax burden and keep more money in your business. However, inflated business tax deductions can attract the attention of the Internal Revenue
Most Common Tax Deductions for Small Businesses Read more »
There are several parts to an estate plan, one of them being a living trust. Common factors that prompt someone to create a trust include privacy, tax benefits, avoiding probate, and caring for family members with special needs. Estate planning also lets you dictate how your assets will pass on to future generations after your
How A Living Trust Helps Your Family Read more »
Small business owners are no strangers to risk management. Owning and operating a small business entails a certain level of unpredictability. Despite your best efforts to stay on top of supply chains, marketing, sales, competitors, employees, and cash flow, unexpected issues can knock you for a loop. You have survived plenty of bumps in the
How to Protect Your Business from Lawsuits Read more »
As an estate planning attorney, I am following the news about the Build Back Better Act (the Act) and how it could affect my clients. This news story is a moving target, as Congress is likely to make changes to the legislation, and there is no guarantee that it will even pass. The Act’s tax
Estate Planning and the Build Back Better Act Read more »
All companies need office space to house their employees and run their businesses. At the onset, companies invest a lot of time and money in finding the right space and finalizing the lease agreement. Most office leases are long-term commitments, often five years or more, with ongoing obligations and risks. Companies should negotiate and enter
3 Tips for Negotiating an Office Lease Read more »