On June 27, 2018, Justice Anthony Kennedy sent a letter to President Donald Trump announcing his retirement from the Supreme Court of the United States (SCOTUS). As one of nine justices, he was considered to be an important swing vote. Consider: there are four "liberal" justices (Sotomayor, Ginsberg, Kagan and Breyer), [...]
Sports gambling will soon be legal in, most likely, all states who want it, due to a Supreme Court decision on Monday, May 14. By a 6-3 margin, the Court struck down the “Professional and Amateur Sports Protection Act,” (PASPA) which made it illegal for states to authorize sports gambling [...]
On September 27 of this year Congressional Republicans and President Trump released their plan for tax reform. You can read whole thing at this link: https://www.treasury.gov/press-center/press-releases/Documents/Tax-Framework.pdf The main points of the so-called Unified Framework are as follows: -Standard deductions will be increased. -There will be three tax brackets (12%, 25% [...]
Question: Do you need to update your will when you move to a new state? Answer: Yes, you should update your will when you move. Wills are governed by state law and should be updated to reflect the law in the new state of residence. Wills are a very [...]
What is a Trust and do you need one? You've probably heard about trusts on popular TV and radio shows. Here are answers to some frequently asked questions about trusts: Trusts - Defined A Trust, or Revocable Living Trust, is an estate planning document that states who you want to [...]
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