FTC ISSUES FINAL RULE BANNING NON-COMPETITION COVENANTS

The use of non-competition covenants in employment agreements has been on the ropes for several years, increasingly so after the Federal Trade Commission (FTC) proposed a rule banning such covenants … [Read more...]

UPDATE & REMINDER ABOUT THE CORPORATE TRANSPARENCY ACT

On January 1, 2024, the federal Corporate Transparency Act (CTA) took effect, mandating that “reporting companies” register with, and provide certain information to, the U.S. Department of Treasury’s … [Read more...]

BENEFICIARY DESIGNATIONS: WHEN TO HAVE THEM, WHEN TO AVOID THEM

Beneficiary designations in theory sound like a wonderful idea. Clients are able to name individuals to receive the assets in the account upon their death without probate. However, having a … [Read more...]

EXPLORING THE PROS & CONS OF PRIVATE FOUNDATIONS

More and more, clients are integrating charitable giving into their estate plans. Private foundations and donor advised funds are effective vehicles for facilitating charitable wishes. However, each … [Read more...]

HALF A CENTURY OF JUSTICE: REFLECTIONS ON A 50-YEAR LEGAL CARE

Last year, our own William J. Britt was honored by the Greater Bridgeport Bar Association (GBBA) at its annual meeting in recognition of his 50-year legal practice and GBBA membership. Several BW … [Read more...]

THE CTA FINAL COUNTDOWN BEGINS: GET READY!

On January 1, 2024, the federal Corporate Transparency Act (CTA) will take effect. The CTA combats money laundering and other illicit conduct by attempting to thwart the improper use of shell … [Read more...]

HOW DOES THE CTA AFFECT ESTATE PLANNING & ADMINISTRATION?

The Corporate Transparency Act (CTA) defines a “beneficial owner” of a “reporting company” as any individual who, directly or indirectly, either exercises substantial control over a reporting company … [Read more...]

NEW PROPERTY TAX ASSESSMENTS & HOW TO APPEAL THEM

Homeowners and property owners may have received or may soon be receiving written notice from their local Assessor’s Office that their town or city has revalued (and most likely increased) their … [Read more...]

THE ESTATE PLANNING IMPACT OF 2024 INFLATION ADJUSTMENTS IMPOSED BY THE IRS

The IRS has released annual inflation adjustments for 2024. These include increased gift, estate and generation-skipping transfer tax (“GST”) exemptions and annual gift tax exclusions. The changes are … [Read more...]

BW IS NAMED IN THE 2024 EDITION OF BEST LAW FIRMS® AND AWARDED 8 REGIONAL PRACTICE RANKINGS

Brody Wilkinson PC is pleased to announce that it was named in the 2024 edition of Best Law Firms® published by Best Lawyers®. Notably, the firm was also recognized with Tier 1 rankings in the areas … [Read more...]

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