Business Law Articles
Tips when evaluating cyber-insurance policies
Cyber-insurance policies cover business liability for a data breach in which customer information (such as social security or credit data) is exposed or stolen by a hacker. Such policies may also cover data breaches due to employee error or malfeasance. Depending on the policy, this insurance can cover a range of expenses associated with data […]
When you should mediate a legal dispute
If your business is involved in a legal dispute, you may voluntarily agree or be required to participate in mediation. Mediation is an alternative way of setting disputes that involves negotiation with support from a neutral third-party. Typically, mediation involves key decision makers from each party as well as their legal counsel. The mediator begins […]
Estate Planning Articles
Tax reform may impact charitable giving
As the tax reform measures were unveiled, members of the charitable community expressed alarm that the new rules could create a disincentive to donate. With the larger standard income tax deduction ($12,000 for an individual filer and $24,000 for a married couple), fewer people will realize the benefits of itemizing. Some charities fear that, absent […]
Evaluating generation-skipping tax transfers
Your current financial plan may include wealth transfers to grandchildren, great-grandchildren or other descendants, and these gifts may be subject to a generation-skipping tax (GST). The GST was created to prevent families from essentially “skipping” a generation’s worth of estate taxes as wealth is passed down. In 2017, the GST exemption (the amount that can […]
