2020 has been a year of change and adaptation. From learning how to practice law virtually due to COVID-19 to major planning changes under the SECURE Act and CARES Act, many attorneys are wondering how they are going to keep their heads above water and keep their practices viable. 

Gain new insights for your practice with the Advanced Estate Planning Summit — perfect for experienced estate planning professionals, the Summit is now on-demand and can be purchased through our Store. Featuring industry experts who delve deep into advanced timely topics, you’ll walk away with new legal strategies and practical takeaways to use immediately in your practice.

Offering trust administration services can be highly profitable and rewarding for your law practice. Attorneys providing legal services to fiduciaries in postdeath administrations can deliver more holistic “cradle to grave” care for estate planning clients and receive an additional steady source of income. However, this area of law is not without risks—the amount of time, attention to detail, and competence required in guiding fiduciaries through the administration process can leave an attorney vulnerable to malpractice claims and unhappy clients. 

From the issuance of Section 199A final regulations to COVID-19-related guidance under the Family and Medical Leave Act, we have recently seen some significant developments in estate planning and business law. To help you stay abreast of these legal changes, we’ve highlighted a few noteworthy developments and analyzed how they may impact your estate planning and business law practice.