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Disputes are an inevitable part of business, but how they’re resolved can make all the difference. Arbitration is an increasingly common way to settle disagreements without going to court. Often included as a clause in contracts, arbitration offers a streamlined and private alternative to litigation—but it’s not without its drawbacks. This article explains what arbitration […]
Contracts are the backbone of business, setting expectations and obligations for the parties involved. But when one party fails to meet their contractual obligations, it can lead to significant disputes and financial consequences. These disputes, known as breach of contract claims, are among the most common legal issues businesses and individuals face. This article explores […]
For 2025, each individual can give $19,000 per year to each person, without adverse estate or gift tax consequences and without reducing your unified gift tax credit (the $13,990,000 lifetime exemption from gift taxes). Therefore, a married couple may transfer up to $38,000 in the aggregate to each beneficiary per year. Obviously, these gifts would […]
