As we enter the last few days of 2020, we are encouraged by the introduction and initial deliveries of a COVID-19 vaccine yet remain in the midst of a new surge in the pandemic. The economic impact of the pandemic and election results have created unique but difficult...
The federal lifetime gift and estate exemption stands at $11.58 million per person for 2020, but is set to revert to a base level of $5 million, plus inflation adjustments, in 2026. Last November, the Internal Revenue Service (IRS) issued final regulations clarifying...
As we enter the dog days of August, we remain in the midst of the COVID-19 pandemic and extremely unsettled political times. The pandemic has resulted in unprecedented spending deficits by both state and federal governments. The economic impact of the pandemic and...
The COVID-19 pandemic has caused sudden and unprecedented economic disruption to businesses and people around the world. Some businesses may have already been near the end of their life cycle pre-COVID-19 and the pandemic accelerated the difficulties and decline in...
The coronavirus pandemic has caused most of us to reflect on our personal health, financial wellbeing, our families and loved ones and our own mortality. We are constantly faced with illness, death, economic turmoil and unmatched uncertainty amid stay-at-home orders...