News & Analysis as of

Personal Finances

Perkins Coie

CFPB Issues Proposed Open Banking Rule

Perkins Coie on

The Consumer Financial Protection Bureau (CFPB) announced that it was issuing a Notice of Proposed Rulemaking regarding Personal Financial Data Rights on October 19, 2023. The proposed rule (Proposed Rule) would implement...more

Cozen O'Connor

CFPB Proposes Financial Data Rights Rule to Promote Open Banking

Cozen O'Connor on

The CFPB proposed a new rule to encourage a shift towards open and decentralized banking by requiring depository and nondepository entities to make available to consumers and authorized third parties certain data relating to...more

Kohrman Jackson & Krantz LLP

Understanding Prenuptial Agreements: Part 1 - Exploring the Basics

Prenuptial agreements, most often referred to as “Prenups,” tend to have an unfair reputation as a societal matter. In fact, it’s not uncommon for critics of prenuptial agreements to view them as the most pessimistic way to...more

Sheppard Mullin Richter & Hampton LLP

CFPB Targets FinTech for Faulty Automated Savings Algorithm

On August 10, the CFPB issued a consent order against a FinTech company for a faulty algorithm utilized in its personal finance management app that caused consumer accounts to overdraft and incur overdraft penalties....more

McManis Faulkner

Why You and Your Partner Need to Talk about Finances

McManis Faulkner on

Like many other partnerships, spouses frequently divide responsibilities between each other to maximize time and efficiency.  Perhaps one spouse handles the grocery shopping and school pick-ups, while the other is responsible...more

Lasher Holzapfel Sperry & Ebberson PLLC

Seven Things To Do Before Announcing Your Intent To Divorce

Your divorce can be one of the most important business decisions that you make in your lifetime. Whether you have years of employment ahead, have stayed home to support the household, or are nearing retirement, a divorce is a...more

Flaster Greenberg PC

Some Practical Steps You Can Take to Protect Your Loved Ones from Elder Abuse

Flaster Greenberg PC on

Every year, the United Nation marks a special day to raise awareness of elder abuse, which is very prevalent, especially among individuals over the age of 60 with dementia. America is, at heart, a nation built by patriots,...more

Akerman LLP

Regulation Z, COVID-19, and Bona Fide Personal Financial Emergency Waivers

Akerman LLP on

On April 29, 2020, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule clarifying Regulation Z's bona fide personal financial emergency provisions in the context of the COVID-19 pandemic. The CFPB...more

Gerald Nowotny - Law Office of Gerald R....

Love in the Time of the Corona Virus Basic Estate Planning Considerations – Part III

Overview - If the Corona Virus were not actually happening to each of us in Real Time and took place exclusively in Latin America, the Pandemic would actually become a Soap Opera, e.g. novela, shown everywhere in Latin...more

Morrison & Foerster LLP - MoFo+

Fall 2018 Helping Handbook

This handbook provides an overview of some issues that individuals, families, and small businesses may face as a result of the fires that broke out in Northern and Southern California in the fall of 2018. While fires...more

Morrison & Foerster LLP

Helping Handbook for Those Affected by Northern California Wildfires

Morrison & Foerster LLP on

This handbook provides an overview of some of the issues that individuals, families, and small businesses may face as a result of the wildfires that swept Northern California in October 2017. Please note that this handbook...more

Dechert LLP

Restructuring and Insolvency Bulletin Issue 2 - 2017: U.S. Court recognizes a Russian bankruptcy case

Dechert LLP on

The Bankruptcy Court of the Southern District of New York recently addressed objections to the recognition of a Russian bankruptcy case as a foreign main case under Chapter 15 of the U.S. Bankruptcy Code and to the...more

BakerHostetler

ACTEC Wealth Advisor App Offers Powerful Planning Tool for Wealth Management Professionals

BakerHostetler on

The American College of Trust and Estate Counsel (ACTEC) is a national association of leading trust and estate attorneys. ACTEC contributes to the field of trusts and estates law through scholarship, teaching, and bar...more

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