Written by Gregory Monday, JD

When you assist a family business owner with their estate planning, you should review with them the various potential provisions that they could include in governing documents and owners’ agreements to protect the interests of minority owners in the next generation. Co-ownership of a family business by siblings, cousins, and other relations can benefit both the family and the business, but those benefits might not be realized if the rights of the minority owners are not specified in thoughtful and well-drafted governing documents and owners’ agreements.

From the Tax Court’s denial of an estate’s DSUE claim to the equitable rescission of a grantor-support agreement and the vacatur of the Federal Trade Commission’s click-to-cancel rule, we have recently seen significant developments in estate planning, elder and special needs law, and business law.

Written by Jessica Spenik, JD

Artificial intelligence (AI) technology is rapidly expanding across the globe, as demonstrated by media coverage, corporate announcements, advertising campaigns, increased adoption of AI in consumer products, growing research and development investments, and widespread integration of AI into educational and organizational systems. It is no secret to those in the legal field that generative AI is having a massive impact on our industry, evidenced by the large number of continuing legal education offerings and conferences centered on this fast-growing technology.