From new Internal Revenue Service (IRS) proposed regulations relating to required minimum distributions to a new federal law ending forced arbitration for claims of sexual harassment and assault, we have recently seen significant developments in estate planning and business law. To ensure that you stay abreast of these legal changes, we have highlighted some noteworthy developments and analyzed how they may impact your estate planning and business law practice.
Current Developments in Estate Planning and Business Law: March 2022
By WealthCounsel Staff on Mar 11, 2022 10:00:00 AM
New Voting Laws May Impact Those Who are Disabled
By Jill Roamer, JD, CIPP/US on Mar 10, 2022 10:50:00 AM
The Americans with Disabilities Act (ADA) is a broad-sweeping federal law meant to eliminate discrimination against those with disabilities. The ADA doesn’t specifically address polling places, but Title II requires equal voting rights for those with disabilities. As such, state and local governments must ensure that those with disabilities have physical access to polling places. In addition, reasonable modifications of voting procedures are required to meet an individual’s needs.
However, new trends in voting laws over the last couple of years are being hailed as discriminatory towards those with disabilities or mobility issues. Those with disabilities or mobility issues oftentimes use non-traditional methods to cast their votes: mail-in ballots, ballot drop-boxes, curbside voting, or inciting the help of another at the voting booth. Altering these methods is often the focus of these new laws.
Communicating the Value of SRTs to Clients
By WealthCounsel Staff on Mar 4, 2022 10:00:00 AM
Retirement funds are likely one of the main components of your client’s estate plan. A standalone retirement trust (SRT) is a useful tool that can protect these funds by allowing your client to direct the manner in which they are distributed after the client dies. You can serve your clients well by explaining how an SRT works and how much value it can add to their estate plans.