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It may sound more like a tongue twister than a legal ruling:  if employees agree to submit disputes to binding arbitration, then decide the agreement is unfair, the dispute about dispute arbitration should be arbitrated by an arbitrator. 

That is what the U.S. Court of Appeals decided in a case brought by two Uber drivers against the ride-hailing company. 

We all know that life insurance can be an important part of our estate plans. It can provide immediate cash at the time of death to provide for our family’s needs – which for affluent families may include paying estate taxes.  Less well known, however, are why it may make sense for a high net worth individual to put a policy into a life insurance trust.

The IRS has proposed sweeping changes to the valuations of interests in family-controlled businesses for estate, gift and generation-skipping transfer tax purposes. If these changes go into effect in 2017, as planned, they will significantly impact the estate and business succession planning of family businesses.

A tenant in an office building hired a janitorial service to clean its carpets. An employee of the cleaning service carried a bucket of soapy water up the stairs, spilled it and fell, suffering serious injuries. The worker sued the tenant, who in turn sued the landlord. Who should pay the worker’s medical bills?

Caring for a child with disabilities or other special needs often presents a wide range of difficult challenges. For the parents (or grandparents) of these children, there is an additional worry:  who will provide for the needs of these children, who may not be able to manage for themselves in adulthood, after their parents are gone? 

  Entrepreneurs who launch successful new ventures, and the investors who fund these startup companies, can now really ring the economic bell upon a liquidity event, thanks to a recent change in the tax code.