4 Steps to Take to Prepare for the Change in the Estate and Gift Tax Exemption
The Internal Revenue Service (IRS) recently announced an increase in the estate and gift tax exemption for 2025. The basic exclusion amount will increase to $13.99 million per person for…
3 Challenges People May Face When Going Through Probate
When your loved one passes away and has a will in place, you might think that handling their estate should be a straightforward process. Even if probate proceedings are necessary,…
The Art of Negotiations in Business Transactions
Business transactions can involve various issues, including contracts for purchasing and selling property, products, supplies, services, and, in some cases, the business itself. Most business transactions are relatively simple, but…
Choosing the Right Legal Structure for Your Business Needs
The legal structure you choose for your business impacts various critical factors, including personal liability, asset protection, and potential eligibility for funding. Your business structure may also lend formality and…
U.S. Supreme Court Rules in Favor of IRS in Estate Tax Concerning Shareholders’ Life Insurance Policy Proceeds
The U.S. Supreme Court recently issued a unanimous opinion in Connelly v. Internal Revenue Service. This ruling resolves a common estate tax issue for corporate shareholders in favor of the…
Federal Judge Bars FTC Rule Banning Most Non-Compete Agreements from Taking Effect
A U.S. federal district court judge in Texas has issued a nationwide injunction prohibiting the Federal Trade Commission’s (FTC) rule banning most non-compete agreements from going into effect. The rule…
Golf Cart Owners and Personal Injury Liability Under Florida Law
Individuals who own significant assets must be aware of the potential consequences of a court judgment from an unexpected accident or financial exposure. While one might think of lawsuits stemming…
The Importance of Periodic Estate Plan Reviews and Updates
While you may have already established a comprehensive estate plan for yourself and your family, your obligation to maintain that estate plan continues. Life rarely goes as planned, and unexpected…
Charitable Giving and Estate Planning: Making a Lasting Impact
A Boca Raton estate planning attorney at Kramer Green can help you create a comprehensive estate plan that serves your needs. We can help you determine what your objectives are for…
The Basics of Estate Planning: A Comprehensive Overview
Although almost everyone passes away owning at least some property and owing at least some debts, a surprisingly large number of people fail to create an estate plan. When individuals…