Ludwig Pllc

Mounting regulatory pressure to protect individual privacy rights has turned safeguarding personal data into a business imperative. Regulations like...

Successfully implementing ISO 27001 involves more than just putting policies in place — it requires a systematic approach that integrates information...

“Let’s Go Hockey Club!” does not evoke the same level of inspiration as “Let’s Go Hawks!” What’s Happening with the New Utah NHL Team? Utah will be...

“Quality family time” is a phrase often heard in the period from Thanksgiving to New Year’s, sometimes even with air quotes, to describe what many...

There are many things to consider when buying a home in New York. A few of these considerations, in determining if homeownership is right for you, are the prices of the homes and the current interest rates. You will also have to consider your ability to pay on a note/mortgage on the home. The first thing that you should do when considering homeownership is to make sure that your finances are in order. Obtain a copy of your credit report, pay off any outstanding debts, and save as much as you can towards your down payment, closing costs, and any additional costs. Another consideration to keep in mind is the amount that you are paying to rent or to live in your current residence. Paying a mortgage may be more cost-effective than paying rent to a landlord without seeing any return on your investment.

I think it’s fair to say that when people think about the term “estate planning” (if they ever really think about it that is), they associate it with lawyers and courts and the classic “reading of the Will” fable, which of course is certainly understandable. But that is not the full story of what estate planning is or should be.

As an attorney working in cybersecurity, I have seen the rapid growth of artificial intelligence (AI) revolutionize industries, while also introducing new legal challenges. AI is transforming how businesses operate, but it’s also exposing them to serious cybersecurity and legal risks. Whether it’s data privacy, algorithmic bias, or product liability, businesses that integrate AI into their operations need to be aware of the potential pitfalls.

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction blocking enforcement of the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements. This ruling prevents the U.S. Department of the Treasury and the Financial Crimes Enforcement Network (FinCEN) from enforcing these provisions until further notice.

With the current federal estate tax exemption currently at $13.61 million per person, many taxpayers may feel that they do not need to worry about their estate tax planning because their assets are below the federal estate tax exemption. However, major changes are on the horizon as the current federal estate tax exemption is expected to sunset on December 31, 2025. When the federal estate tax provision expires, the current exemption amount will be nearly cut in half. This change will have a profound impact on people who have an estate valued around or above the new exemption rate.

With the rise and popularity of social media, this century, and the shift to creating, storing, and owning digital assets, asset protection and estate...