Current Developments in Estate Planning and Business Law: September 2021

By WealthCounsel Staff on Sep 10, 2021 11:59:49 AM

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From an extension to elect out of automatic allocations of the generation-skipping transfer (GST) tax exemption to alternative business structures for legal services, 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.

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Current Developments in Estate Planning and Business Law: August 2021

By WealthCounsel Staff on Aug 13, 2021 10:00:00 AM

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From penalties for the nonwillful failure to file reports of foreign financial accounts to new consumer privacy legislation, 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.

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The Family Business Lawyer: Steering Clear of Ethical Troubles

By WealthCounsel Staff on Jul 16, 2021 10:00:00 AM

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Lawyers who represent family businesses often also represent the business owners, serve as a trustee or fiduciary on the business’s board, and provide personal estate planning for the owners and other family members. While fulfilling multiple goals  for clients may seem effective and efficient, it is important that the attorney consider potential ethical complications and the potential need to narrow the representation, obtain clients’ informed consent, or withdraw from a particular matter.

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