In the past month, we have seen significant developments in estate planning, business law, elder law, and special needs law. We have highlighted the most noteworthy developments to ensure you and your firm stay informed of any changes. From the Internal Revenue Service’s release of 2026 transfer tax exemption amounts and proposed rule regarding the tax deduction for qualified tips, to a ruling that a special needs trust is a countable resource, read on to learn how these decisions may impact your practice.

Written by Zach Bloxham, J.D

Medicaid pays for millions of Americans to receive long-term care and support.1 While many know that a Medicaid applicant must meet strict means-tested financial eligibility requirements to secure benefits, many more are unaware that these benefits are often granted with strings attached in the form of federally authorized liens.

Written by Sagar Jariwala, JD, LLM, and Phoebe Stone, JD, MA (Bioethics)

Gift tax, estate tax, generation-skipping transfer tax, inheritance tax, capital gains tax, income tax, and property tax: estate planners must consider all these types of taxes when creating a plan for a client’s assets.