Archive for October 2024
Business News: FTC Targeting Fake Customer Reviews, Incentives for Electric Commercial Vehicles, Prepare for OSHA Inspections, and DOJ to Incentivize Voluntary Self-Disclosure
Customer reviews in the crosshairs Does your company use reviews to promote its products? Whether customers can leave reviews on your website or a third-party platform, businesses should be aware that federal scrutiny is ramping up. The Federal Trade Commission recently approved a final consent order against The Bountiful Company for manipulating reviews on Amazon…
Read MoreEstate Planning Issues Everyone Should Know: HSAs, Deathbed Gifts, Roth Catch Up, Irrevocable Grantor Trusts Ineligible for Step Up in Basis, and Abusive Trusts
The House Committee on Ways and Means has advanced two bills that would expand Health Savings Accounts (HSAs) and help make out-of-pocket healthcare expenses more affordable. HSAs allow individuals to pay for eligible medical expenses with funds put aside on a pre-tax basis. The Bipartisan HSA Improvement Act and the HSA Modernization Act would both…
Read MoreEstate Planning and Lessons from the Lisa Marie Presley Estate
Lisa Marie Presley, daughter of rock and roll legend Elvis Presley, died earlier this year from cardiac arrest. She was 54 years old. Lisa Marie was the sole beneficiary of the Presley estate. In 2005, Lisa Marie sold 85 percent of Elvis Presley Enterprises for about $97 million and transferred the remaining 15 percent to…
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