
News, Insights & Events
Many of the attorneys in the Law Firm Alliance author articles and thought leadership pieces on important topics and trends covering a wide variety of practices.
While these articles are correct on matters of law when they are produced, verdicts, rulings, legislation and other actions may affect the applicability of some of the information. Please consult your legal advisor before making decisions on the information you read here.
Articles
Securing Your Legacy: How Marital Estate Rights and Divorce Impact Your Estate Plan
November 25, 2024
William S. Durr, Melody J. King, and Zachary F. Lamb,
Ward and Smith, P.A.
Once married, spouses acquire a number of rights in and to the estate of the other spouse. Marital estate rights create the potential for catastrophic consequences should a spouse pass away at a time when the parties are physically separated but have not yet signed a separation agreement or been granted a divorce
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IRS Announces 2025 Cost of Living Adjustments
November 25, 2024
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Death and Taxes for North Carolina Business Owners
November 22, 2024
Jennifer V. Boyer and Matthew W. Thompson,
Ward and Smith, P.A.
Changing tax laws, political uncertainty, and the whole family at Thanksgiving can take us on a roller coaster ride of ups and downs. But savvy business owners (and their estate planning counsel) know that – in the end – current circumstances provide the opportunity for savvy wealth-transfer planning.
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Turning Back Overtime – Texas Judge Strikes Down Salary Threshold Increase
November 19, 2024
S. McKinley Gray, III and Avery J. Locklear,
Ward and Smith, P.A.
A federal judge in Texas struck down the U.S. Department of Labor's ("DOL") rule that drastically increased the minimum salary thresholds for bona fide executive, administrative, and professional employees (the "EAP Exemption").
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DOL Overtime-Exempt Rule Vacated: Next Steps for Employers
November 19, 2024
Matt Heldt - TonkonTorp LLP
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