The year 2017, when the Tax Cuts and Jobs Act was signed into law, seems like a long time ago. As you may be aware, many of the tax provisions of that law are set to expire in a relatively short amount of time — on January 1,…
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/ Taxation, Wills, Trusts, & Estate Planning
Suppose you are an avid fan of the English Premier League (the “EPL”) like I am. In that case, you have likely heard or read about the ensuing arbitration between Manchester City Football Club and the EPL over the EPL’s…
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/ Business Organizations, Commercial Law & Contracts, Mergers & Acquisitions
In a significant move to enhance consumer privacy and promote transparency in digital practices, the New York State Attorney General recently published two critical guides: “Website Privacy Controls: A Guide for Business” and “A…
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/ Consumer Protection, Privacy
The cycle continues: Your adult children — one of the first generations to benefit from Section 529 plans — are saving for their kids’ college educations through 529 accounts of their own. Did you know that parents aren’t the…
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/ Education Law, Taxation, Wills, Trusts, & Estate Planning
The IRS has for the third consecutive year offered relief to taxpayers covered by the “10-year rule” for required minimum distributions (RMDs) from inherited IRAs or other defined contribution plans. Let’s look at how this may…
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/ Finance & Banking, Taxation, Wills, Trusts, & Estate Planning
There’s no question that creating an estate plan can be a major undertaking. But finally putting all the pieces of your plan together can bring peace of mind. However, it’s beneficial to take the next step and talk to your…
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/ Family Law, Wills, Trusts, & Estate Planning
As first noted by my colleague Steve Lapatin in his recent summary of the 2024 Rhode Island Legislative session, Rhode Island’s Arbitration Act set forth in title 10, chapter 3 of the Rhode Island General Laws (the “Arbitration…
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/ Alternative Dispute Resolution (ADR), Commercial Law & Contracts
The Rhode Island Legislature enacted its comprehensive data privacy law on July 1, 2024. The Data Transparency and Privacy Protection Act (H 7787, or the “RI-DTPPA”) was enacted in response to growing concerns about data privacy…
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/ Consumer Protection, Privacy, Science, Computers, & Technology
The executor of your estate acts as the quarterback of your estate plan. This person calls the shots for your estate and passes it through probate. Just like a football team scouting a quarterback, the decision about who to…
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/ Wills, Trusts, & Estate Planning
In 2024, it’s fair to say that most people have some form of digital assets. This asset type can include digital photos, video and music collections; social media accounts; online banking and brokerage accounts; or…
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/ Science, Computers, & Technology, Wills, Trusts, & Estate Planning
The Rhode Island General Assembly adjourned sine die on Friday, bringing the 2024 legislative session to a close. Below is an overview of noteworthy legislation passed during the session…
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/ Business Organizations, Real Estate - Residential, Zoning, Planning & Land Use
According to some people, the bypass trust (sometimes referred to as a credit shelter trust) has gone the way of the dodo bird in the current estate tax environment. However, this “dinosaur” of a technique for married couples is…
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/ Family Law, Taxation, Wills, Trusts, & Estate Planning
Estate planning is about much more than reducing taxes; it’s about ensuring your loved ones are provided for after you’re gone and that your assets are passed on according to your wishes. However, few events can upend your…
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/ Health, Taxation, Wills, Trusts, & Estate Planning
Traditionally, toxic tort related claims are brought under product liability actions for negligence, breach of warranty, and strict liability. Asbestos has historically been the center of toxic tort litigation. The number of…
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/ Civil Procedure, Products Liability, Toxic Torts
There’s a good chance that your estate plan includes a revocable trust — sometimes known as a “living trust.” This type of trust can help your estate avoid probate, guard your privacy and provide protection in the event you’re…
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/ Wills, Trusts, & Estate Planning
