Current Developments in Estate Planning and Business Law: May 2023

By WealthCounsel Staff on May 12, 2023 10:14:42 AM

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From the United States Supreme Court’s ruling on penalties for nonwillful Foreign Bank and Financial Accounts (FBAR) violations to the New York Court of Appeals’ broad reading of New York’s long-arm jurisdiction statute in a breach of contract case, 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: April 2023

By WealthCounsel Staff on Apr 14, 2023 10:00:00 AM

monthly-recap (1)

From the clarification of basis rules for assets held by irrevocable grantor trusts to the issuance of guidance by the U.S. Copyright Office for content generated by artificial intelligence, 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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Clearing the Smoke: Navigating Conflicts in Federal and State Marijuana Laws

By WealthCounsel Staff on Mar 31, 2023 11:00:00 AM

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Last month, the Washington State Senate approved Bill 5123, prohibiting a business from refusing to hire a worker due to a positive drug test that screens for nonpsychoactive cannabis metabolites. If it is signed, Washington, which has legalized the recreational use of marijuana, will join a handful of other states that have enacted similar legislation prohibiting adverse employment action for workers’ off-duty marijuana use. Although marijuana is illegal under federal law, an increasing number of states are decriminalizing marijuana use for medicinal and recreational purposes. As a result, workplace policies may need to be adjusted.

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