Business & Tax Blog

The Internal Revenue Code provides several valuable opportunities under IRC §2503 for making transfers that are excluded from gift tax. These exclusions include special rules for certain payments of educational and medical expenses under IRC §2503(e). The beauty of these provisions is that the amounts that can be transferred are…

Revocable trusts are among the most common and valuable tools in an estate plan. The reasons are self-evident: a well-crafted trust can allow you to avoid probate (a public and sometimes lengthy process requiring court involvement); provide prompt support for you and your spouse or family if you become incapacitated;…

For years now, artificial intelligence (AI) has powered many of the tools we use daily-such as email, spam filters, and GPS navigation-and you likely never noticed. But with the recent advent of generative AI (AI designed to create content), AI is more frequently being adopted for everyday business and personal…

When planning your estate in Florida, one helpful tool available to you is the use of a separate writing to dispose of tangible personal property (“TPP”) not otherwise devised by will. This legal mechanism allows you to make specific gifts of TPP without needing to revise your will every time…

On July 29, 2025, the U.S. Attorney General issued non-binding guidance to entities receiving federal funding warning there are significant legal risks involved with initiatives such as DEI (Diversity, Equity, and Inclusion) programs, training programs that promote discrimination or hostile environments, implementing protected characteristics as preferential criteria, compelling employees to…