MenuClose
Oct 27

Selling Your Legal Practice in PA just Got Easier

Effective this week, a change in the Pennsylvania Rules of Professional Conduct will have a major effect on succession planning for lawyers. Under the old rule, an attorney who wanted to sell his or her practice was required to sell the entire law practice to… Read More

Oct 25

Equity Crowdfunding is Here, but Where is the Crowd?

In April of 2012, President Obama signed the Jumpstart Our Business Startups (JOBS) Act into law.  Congress’s intent was to make it easier for small businesses to raise money by easing regulatory burdens on raising capital. As part of the JOBS Act, the Securities and… Read More

Oct 18

New Jersey Abolishes Its Estate Tax

Since 2002 New Jersey has imposed one of the highest, if not the highest, estate tax among those states which continue to impose an estate tax.  That is because its estate tax exemption of $675,000 was the smallest in the nation. That is no longer… Read More

Oct 10

The Portland Rock Band That Could Change Trademark Law Forever

Supermarket tabloids love to report on the legal battles of musicians: from Michael Jackson’s trial on charges of sexual abuse, to Britney Spears’ conservatorship, to Justin Bieber’s DUI, the more salacious the story, the better.  Even the more reputable news outlets get in on the… Read More

Sep 29

Is your buy-sell agreement up to date?

Over the years I have heard many business lawyers (myself included), tell clients that there are certain agreements that once signed, can be placed in a drawer and do not need to be reviewed until the particular event that is the subject of the agreement… Read More

Sep 23

Clinton Proposes Estate Tax Increase on Super-Rich

As reported in an article from today’s (September 23, 2016) Wall Street Journal, Democratic presidential nominee Hillary Clinton has proposed an increase in the federal estate and gift tax.  She would lower the federal estate tax exemption from the 2016 amount of $5,450,000 per individual… Read More

Sep 19

Estate Planning Isn’t Just About Dying

Over the course of thirty years as a trusts and estates lawyer I have drafted hundreds, maybe even thousands, of wills.  After all, that is what estates lawyer do – we help our clients memorialize the disposition of their assets when we they die.  Wills… Read More

Sep 12

Stay in LLC Structure and Go Public Using an UP-C Structure

In the “old days” if your business was in an LLC classified for tax purposes as a partnership and you thought you wanted to take your company public, you were told by the investment bankers to convert your LLC to a corporation. Many new businesses… Read More

Aug 19

The Olympics, Usain Bolt, and Intellectual Property Law

With the Olympics in Rio, we all enjoy watching the competition, the fanfare and the joy when an Olympian wins gold. As I sit watching Usain Bolt cast his “Lightning Bolt” signature pose after winning yet another gold medal, the intellectual property attorney in me… Read More

Aug 17

Treasury Department Plans to Close Valuation Loopholes for Closely-held Businesses

On August 2nd, the Treasury issued proposed regulations that seek to eliminate the use of several strategies to reduce estate, gift, and generation-skipping tax (“GST”). Specifically, if the new rules are finalized, taxpayers will generally no longer be able to take certain types of voting… Read More