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Category: CS Blog

October 24, 2024 CS Blog

Executive Compensation

Executive compensation is one of the largest investments most companies make, yet far too many companies don’t approach executive compensation strategically, paying modest annual salary and bonus increases across the board, which reward tenure vs. performance and, over time, create high fixed cost structures. The Palm Beach County business lawyers…

October 24, 2024 CS Blog

Mediation

Most people are intimidated by legal disputes, especially when it comes to issues involving an estate. Litigation results in one side winning and the other losing. Rather than spend a considerable amount of time taking a case to court, with no guarantee of a positive outcome, many people choose an…

October 24, 2024 CS Blog

LGBTQ Planning

Palm Beach County Attorneys to Help Same Sex Couples with Their Estate Planning  The landmark United States Supreme Court decision, Obergefell v. Hodges, completely changed the landscape for all LGBTQ individuals in committed relationships, including those considering marriage or having been married in a state that permitted such a fundamental…

October 14, 2024 CS Blog

IRS Provides Hurricane Milton Relief

In the wake of Hurricane Milton, the IRS expanded previously announced taxpayer relief for impacted taxpayers living in Florida.  In IR-2024-264, the IRS amplified and expanded the relief granted in IR-2024-253 to individuals and businesses in Broward, Indian River, Martin, Miami-Dade, Palm Beach, and St. Lucie counties.  The relief from…

June 10, 2024 Business Entities and Transactions

Company-Owned Life Insurance Proceeds On Deceased Shareholder Are Included In Their Estate Tax Calculation: The United States Supreme Court Weighs In

The recent decision of the U.S. Supreme Court in Connelly v. United States, U.S., No. 23-146, 6/6/24, has thrown an enormous monkey wrench into traditional buy-sell planning for closely held businesses.  The Court held that the proceeds of life insurance on a deceased shareholder must be included in determining the…