A California trust accounting is an important form of protection that offers a window for beneficiaries into how a trustee is administering a trust in the state of California, and it offers peace of mind for trustees by minimizing disputes. However, preparing one requires considerable expertise. The margin for error is slim. An inaccurate accounting that does not comply with
The Internal Revenue Service (IRS) issued a proposed rule on December 27, 2022, that would permanently allow remote witnessing of spousal consent elections under certain circumstances. The proposed rule would go into effect six months after publication in the Federal Register. Taxpayers can continue to make remote spousal consent elections according to the proposed rule until it formally goes into
A pot trust is a type of trust that names the children as beneficiaries, and the trustee is given discretion to decide how the trust assets should be spent. This trust lets the grantor create a single pool of assets to be used for the benefit of multiple children. A pot trust can offer more flexibility as to how trust
Under our common law system, case law is a constantly evolving part of the legal landscape for family law. This is intended to be the first in a regular series highlighting recent cases and their impact on family law in California. I will also include some commentary at the end about how this may impact families going through divorce.
Court
If you reside in California and are facing a divorce, you may be wondering what resources are available to you if you are worried about gaining custody of your children.
The Courthouse
When it comes to California child custody, going to court is always an option, however, it may not be your best option. If a divorce goes through
By Grant Shuman, Tim Kennedy and Anne Tyler Hall (March 22, 2023, 5:36 PM EDT)
The No Surprises Act, enacted as part of the Consolidated Appropriations Act of 2021 and made effective Jan. 1, 2022, was designed to protect patients from surprise bills for emergency services at out-of-network facilities — or out- of-network providers at in-network facilities — holding patients
On April 27,2022, the Chicago City Council passed SO2022-665, which broadened the Chicago Human Rights Ordinance (the “Ordinance”) and imposed new requirements on Chicago employers with respect to preventing sexual harassment in the workplace. Pursuant to the Ordinance, all employees working in Chicago must participate in sexual harassment prevention training and bystander training annually.
Specifically, affected employers are now required
The U.S. Securities and Exchange Commission (SEC) highlighted the duty of public companies to protect their shareholders and cure misconduct in an enforcement action concerning McDonald’s Corp. and its former CEO, Stephen J. Easterbrook. In a recent development, McDonald’s, Easterbrook, and the SEC reached a deal by which Easterbrook agreed to a $400,000 fine and a five-year ban on serving
Join Taft partner Marcus Harris and associate Nick Brankle for a complimentary webinar on April 20, 2023, at 12:30 PM EST / 11:30 AM CST. Harris and Brankle will provide tips to avoid a digital transformation relationship trainwreck. This includes how to manage risk, spot vendor red flags, avoid litigation, and negotiate software contracts.
This webinar is pending approval for
HB3129 (the “Bill”), which was introduced in the Illinois House of Representatives on February 16, 2013, and passed by the Labor & Commerce Committee on February 28, 2023, would require Illinois employers to include pay scale information in job postings—or face financial consequences. The Bill defines “pay scale” to mean the salary or hourly wage range that the employer reasonably