Client Update
AI Created It—But Do You Own It? IP Issues Explained
As artificial intelligence (AI) technologies increasingly generate content, designs, code, inventions, and even music, businesses face a pressing legal question: who owns the output when a machine creates it? The legal landscape governing AI-generated intellectual property (IP) is still evolving—and while AI offers enormous efficiencies, it also presents novel risks for companies that fail to…
Read MoreWhat the One Big Beautiful Bill Means for Businesses, Individuals
The One Big Beautiful Bill Act, which was signed by President Donald Trump on Friday afternoon, carries significant implications for businesses and individuals alike—including key changes to solar and clean energy incentives, corporate taxation, estate taxation and Medicare provisions. Here’s what you should know. Solar & Clean Energy Credits Analysis The biggest takeaway from this…
Read MoreThe One Big Beautiful Bill: A Business Tax Outlook
The One Big Beautiful Bill (the “OBBB” or the “Bill”) has been approved by both chambers of Congress, and the President signed the bill on the afternoon of July 4. This DE Insight discusses key provisions of the OBBB impacting businesses, including nonprofits. Key Tax Provisions Affecting Businesses Opportunity Zones: Under current law, state governors…
Read MoreKey Estate Planning and Medicare Changes in the One Big Beautiful Bill
Congress has taken a major step toward reshaping the federal estate planning and Medicare landscape. The House and Senate have now passed the final draft of the widely discussed One Big Beautiful Bill (OBBB), which includes sweeping revisions relevant to high-net-worth individuals, families with aging loved ones, and anyone engaging in long-term planning. Key Estate…
Read MoreWhat the One Big Beautiful Bill Means for Solar & Clean Energy Credits
After a robust negotiation in the U.S. House of Representatives, a vote-a-rama in the U.S. Senate, and a filibustering speech in the U.S. House of Representatives, the One Big Beautiful Bill (OBBB) has been approved by both houses of Congress. Below we discuss what the passage of the bill will mean for solar and clean…
Read MoreKeeping It in the Family (Trust): Additional Considerations for Contributing S Corp Shares
A large part of business succession planning is structuring the transfer of business ownership. While outright transfers can be less complex, transferring ownership in trust can provide practical benefits that are worth navigating the complexity of tax laws and state trust codes. There are significant tax implications of placing S-Corp shares into a grantor trust,…
Read MoreAging Florida Condos Provide Developers With Strategic Opportunities
In the wake of the 2021 Surfside condominium collapse, Florida enacted sweeping changes that affect condominium governance, structural maintenance requirements, and reserve funding obligations. These changes have not only increased the financial burden on many older associations but have also created significant challenges—and opportunities—for developers and investors looking to acquire and repurpose aging or financially…
Read MoreMissed a Paycheck Deadline? The Cost Isn’t Worth the Treble
Employers operating in Massachusetts face some of the nation’s most stringent requirements regarding the timing and frequency of wage payments. The Massachusetts Wage Act (M.G.L. c. 149, § 148) mandates prompt payment of wages, with severe penalties for even minor delays. Recent case law, including Reuter v. City of Methuen and Turgut v. Hitachi Rail…
Read MoreBefore You Hit ‘Record’: Legal Risks In Using AI Notetaking Tools
You may have asked a team member or associate to jot down notes during a Zoom call, only to find that they struggled to capture every key point while also actively participating in the discussion. Or perhaps you aimed to document a high-level conversation around a strategic initiative yourself, but the dialogue between colleagues moved…
Read MoreBusiness Succession Planning: Pros and Cons of Passing S Corp Shares in Trust
Business succession planning and estate planning are often linked together, particularly in the case of closely held family businesses. In the case of a shareholder who wishes to pass along their shares of an S corporation as defined in IRC § 1361(a) (an “S Corp”), a popular option is to transfer these shares into a…
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