Current Developments in Estate Planning and Business Law: January 2022

By WealthCounsel Staff on Jan 21, 2022 10:00:00 AM

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From an Internal Revenue Service (IRS) Chief Counsel Advice affecting GRATs to decisions regarding the deduction of business losses, 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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Cryptocurrency and Estate Planning

By WealthCounsel Staff on Jan 14, 2022 10:00:00 AM


Cryptocurrency may be the “next big thing” on the level of the personal computer and the internet. The market has already reached a total value of $3 trillion. Investors are attracted to its anonymity and freedom from centralized control by banks or governments. Understanding virtual assets and how they differ from traditional currency can help you serve your estate planning clients. Read on to learn how cryptocurrency will affect your law practice.

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Adding Right of Occupancy to a Revocable Living Trust

By WealthCounsel Staff on Jan 7, 2022 10:00:00 AM


Family dynamics can change drastically when one member passes away. In particular, if a surviving spouse remarries, the question of what happens to the family home can make dynamics among the children and the new spouse even more complicated.

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