To continue our holiday series “Harmony of Legacy: A 12-Day Estate Planning Celebration,” we share with you four more days. In case you missed our first few verses, you can find them here.
Day 5: Five Golden Rings =
O'Neil, Cannon, Hollman, DeJong & Laing S.C.
O'Neil, Cannon, Hollman, DeJong & Laing S.C. is a Wisconsin-based law firm that provides legal services primarily to businesses and their owners. The firm covers a broad range of practice areas including litigation, business law, mergers and acquisitions, banking and creditors' rights, tax planning and controversy, trust and estate planning, labor and employment, inheritance litigation, family law, and real estate and construction. Their publications focus on legal updates, practical guidance, and analysis relevant to these fields, often addressing recent legal developments, regulatory changes, and case law impacting employers, businesses, and individuals in Wisconsin.
Website:
https://wilaw.com
Latest from O'Neil, Cannon, Hollman, DeJong & Laing S.C. - Page 4
Navigating the Corporate Transparency Act: A Must-Read for Every Business Owner
Effective January 1, 2024, the Corporate Transparency Act will apply to a significant number of United States business entities and owners. This pivotal legislation is not just another regulatory hurdle; it marks a significant shift in how businesses operate in…
Harmony of Legacy: A 12-Day Estate Planning Celebration (Days 1 to 4)
By Kerry Dwyer
Day 1: A Partridge in a Pear Tree = The Foundation of Your Estate Plan
Welcome to our “12 Days of Christmas” Estate Planning Series. On the first day, let’s start with the basics of how to protect your family…
Tax & Wealth Advisor Alert–IRS Announces Changes to Estate and Gift Tax Exemptions for 2024
By Carl Holborn
The IRS allowed amounts of the federal gift, estate, and generation-skipping transfer tax exemptions will materially increase in 2024. With exemptions reaching historically high levels, this presents a golden opportunity for strategic and tax-free gifting. In this post, we’ll explore…
IRS Preparing for Potential Government Shutdown: What You Need to Know
As we approach the end of September, the possibility of a government shutdown looms large, and the Internal Revenue Service is making preparations for the potential impact on its operations. Below is a summary of the IRS’s contingency plans and…
Employment LawScene Alert: Dust Off Those Handbooks–The NLRB Has Changed Its Rules (Again)
By Erica Reib
Because the incumbent President appoints members of the National Labor Relations Board (NLRB), the NLRB’s decisions often reflect the policy choices of that President’s political party. Generally, when a Democrat holds office, the NLRB’s decisions are more employee and union-friendly,…
Tax & Wealth Advisor Alert–Understanding the “Step-Up in Tax Basis”: A Summary of IRC Section 1014 and Double Stepped-Up Basis for Marital Property in Wisconsin
By Carl Holborn
When a loved one passes away, the emotional toll can be overwhelming, and dealing with the complexities of tax implications may not be a priority. However, understanding the concept of “step-up in tax basis” can significantly impact the tax burden…
An Introduction to Earnouts for the Seller of a Registered Investment Advisor
The sale of a Registered Investment Advisor (RIA) involves various critical considerations, with the purchase price being one of the most significant. In connection with the purchase price, the seller of an RIA will often encounter the concept of a…
A Michigan Jury R-E-S-P-E-C-Ts Aretha Franklin’s Wishes
In 2018, the “Queen of Soul” Aretha Franklin passed away, leaving behind four sons and a multimillion-dollar estate. Since this time, Franklin’s sons have been engaged in a fierce legal battle regarding the application of contradictory handwritten wills and the…
Employment LawScene Alert: Pregnant and Nursing Employees Have Newly Expanded Rights
By Erica Reib
On December 29, 2022, President Biden signed the Providing Urgent Maternal Protections for Nursing Mothers Act (PUMP Act) and the Pregnant Workers Fairness Act (PWFA) into law. Both expand the protections for pregnant, postpartum, and nursing employees, who may also…