%20ensuring%20assets%20pass%20to%20the%20intended%20beneficiaries;%20and%20(2)%20efficiently%20transferring%20assets%20to%20the%20intended%20recipients.%20While%20estate%20plans%20can%20be%20as%20unique%20as%20the%20individuals%20creating%20them,%20and%20there%20may%20be%20multiple%20ways%20to%20set%20up%20a%20plan%20to%20reach%20a%20client’s%20goal,%20estate%20planning%20is%20far%20from%20a%20fool-proof%20process.%20What%20may%20be%20the%20“easiest%20way”%20to%20transfer%20assets%20could%20lead%20to%20unintended%20consequences%20down%20the%20road.%20Through%20our%20experience%20helping%20clients%20create%20their%20estate%20plans%20and%20helping%20administer%20less%20than%20ideal%20estate%20plans,%20we’ve%20found%20these%20practices%20to%20be%20the%20top%20ten%20estate%20planning%20mistakes.)
Two common goals we see in estate planning are (1) ensuring assets pass to the intended beneficiaries; and (2) efficiently transferring assets to the intended recipients. While estate plans can be as unique as the individuals creating them, and there may be multiple ways to set up a plan to reach a client’s goal, estate planning is far from a fool-proof process. What may be the “easiest way” to transfer assets could lead to unintended consequences down the road. Through our experience helping clients create their estate plans and helping administer less than ideal estate plans, we’ve found these practices to be the top ten estate planning mistakes.
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Your trips to the mailbox may have gotten less exciting in the past few months as you likely haven’t received the infamous blue and white 20% off coupons from Bed Bath & Beyond. Previously serving as the home of wedding registries and college furnishings, Bed Bath & Beyond is a Fortune 500 company that is now expected to file bankruptcy in the first quarter of 2023. In a January 5, 2023, statement, Bed Bath & Beyond President and CEO Sue Grove noted that the company is anticipating a net loss of approximately $385.8 million for the third quarter of the 2022 fiscal year.[1]
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Indiana’s Commercial Court project was approved by the Indiana Supreme Court in January 2016 and the project became operational in June 2016. Initially, the Commercial Court project launched in six counties across the state. However, since then, the project has grown and now there are Commercial Courts located in Allen County, Elkhart County, Floyd County, Hamilton County, Lake County, Madison County, Marion County, St. Joseph County, Vanderburgh County, and Vigo County, taking the total to ten counties throughout Indiana.
...Read More,%20the%20Federal%20Trade%20Commission%20(FTC)%20proposed%20a%20rule%20yesterday%20that%20would%20ban%20non-competes%20in%20employment%20contracts.)
As an update to our previous blog post on non-compete laws (found here), the Federal Trade Commission (FTC) proposed a rule yesterday that would ban non-competes in employment contracts.
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Gutwein Law is pleased to announce that Audrey Wessel and Ross Yates have been elected partners in the firm. “Audrey and Ross represent the best of Gutwein Law,” said Stuart Gutwein, Managing Partner. “They have been vital in continuing the growth of our firm with their extensive knowledge, hard work, and extraordinary service to our clients. We are pleased to celebrate their achievements.”
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