On December 22, 2017 the President signed the TAX CUT AND JOBS ACT (The “Act”) that became effective January 1, 2018. For estate tax purposes and for estate tax planning purposes, the Act essentially doubled the federal estate, gift, and generation-skipping transfer tax exemptions through the end of 2025. This means that as of January… Read more »
New federal law targets elder abuse and exploitation
According to a report by Rhonda McMillion, an editor of the ABA (American Bar Association) Washington Letter, a publication of the ABA Governmental Affairs Office, a new federal law championed by the ABA will fight elder abuse and exploitation. The report, which appeared in the December 2017 issue of the ABA Journal, notes the following:… Read more »
Massachusetts Supreme Judicial Court issues ruling on employee use of medical marijuana
The Massachusetts Supreme Judicial Court recently decided that employees of Massachusetts corporations and of out-of-state corporations doing business with operations in Massachusetts are permitted to use medical marijuana and cannot be fired for failing a drug test due to medical marijuana usage. On July 17, 2017, the Massachusetts Supreme Judicial Court in the case of… Read more »
Longer living seniors means thoughtful planning now!
“Live long and prosper” – is something we all aspire to during our lifetimes. However, living longer brings with it issues that most of us do not want to think about, but issues that are likely to happen whether we want them to or not. The “Baby boomers,” those born between 1946 and 1964, are… Read more »
Employees Who “Bring Their Own Device” to Work (BYOD)
By Brian L. Champion. Long gone are the days when the only technology concerns with employees involved flip phones and hand held dictation tape recorders. Today, not only are employees more mobile by using their own personal computers, but smart phone sales exceed 500 million per year and the advent and sale of tablets is… Read more »