Legal Insights
Articles from Our Various Practice Areas
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This past December, at almost the very last moment, President Barack Obama and Congress agreed to temporarily end the logjam in Congress over what to do with the income and estate taxes in 2011.
The political brinksmanship exhibited in this process was breathtaking since so much was at stake. What resulted was a compromise that no one really likes, but one that does contain some real enhancements that may have a significant long-term impact on the Federal Estate Tax.
Some background will be helpful to understand the changes that have been made. Read More.
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If you are like many entrepreneurs, your business plan may focus on growth, marketing or product development -- or perhaps just day-to-day survival.
Increasingly, however, clients are asking us what they can do now to plan for an eventual acquisition or other business succession event.
Here are 10 steps to consider. Read More.
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Board members often question whether they can meet informally, in a working session, rather than scheduling an actual board meeting in order to, for example, discuss a complex or controversial issue or review contractor proposals. The working session enables the board to get together without having to worry about all of the technicalities of holding a meeting, such as giving owners notice of the meeting, or having a suitable meeting location to accommodate all of the potential attendees. In addition, the working session allows the board to "get its arms around an issue" and perhaps even reach a consensus without having to worry about the owners being present. Working sessions sound like a great idea and make practical sense, but are they legal? Read More.
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