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Supreme Court Issues Two Landmark Decisions On Same-Sex Marriage
On June 26th, the US Supreme Court issued two landmark decisions. 1) United States v. Windsor requires the federal government to recognize same-sex marriage in states where it's legal. 2) Hollingsworth v. Perry may have the effect of allowing same-sex marriage in California. These 5-4 decisions could dramatically affect tax and estate planning for same-sex married couples, as well as the employee benefit plans employers and the federal government provide to such couples.more >

2010 Estate and Gift Tax Law Changes
The 2010 Estate and Gift Tax Law has far reaching implications and opens an unprecedented 2 year window of opportunity to consider significant transfers of assets without incurring any estate or gift tax. more >

Tribune Buys Real Estate Site
Law Offices of Lawrence Pohly represent largest United States independent Web site for sale of residential real estate in sale to the Tribune Company (NYSE: "TRB") of Chicago, Illinois. more >

Should You Take Your Company Public?
An IPO or going public creates many opportunities for a growing company, but it's not for everyone. more >


Irrevocable Life Insurance Trusts (ILITs)
For families with assets that exceed the Federal exempt amount, the use of
an irrevocable trust can provide the needed liquidity to pay estate taxes
while the principal of the trust can be beyond the reach of the estate tax.

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Key Employee Retention Plans for Closely Held Businesses
In developing a key employee retention plan for a closely held or family
owned business, the owner should carefully consider both monetary and
non-monetary incentives.
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Benefits of Organizing a Charitable Foundation
If you contemplate giving substantial sums to charity over time, but wish to receive the tax benefits of the charitable deduction currently or do not know exactly which charities you will contribute to or whether you will conduct charitable activities yourself, you may wish to consider organizing a charitable foundation.
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Stock Buy-Sell Agreements
Stock purchase agreements or buy sell agreements are one of the two basic ways a buyer can purchase a business or interest in a business. The other is an asset purchase agreement. As the term implies, a stock purchase agreement or buy sell agreement is used when buyer and seller agree to the purchase/sale of the equity securities of a company. Another term for equity securities is stock or a share of part or all of a company.
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