by adamslawattorneys | Dec 8, 2025 | Estate Planning
“The biggest gift you can give to the people you love is to create an estate plan.” The Wall Street Journal released an article December 2, 2025 about the surge in business for trust and estate plans. This year, trusts and estates have generated $290 billion in income...
by adamslawattorneys | Aug 29, 2022 | Bankruptcy
The US Bankruptcy court just published an article about statistics stemmed From 2005 to 2021 which explains the decrease in bankruptcy filings in the U.S. during the COVID pandemic. The most drastic change in non-business bankruptcies occurred in 2005 when...
by adamslawattorneys | Aug 8, 2022 | Bankruptcy
The Wall Street Journal reported on 08/02/22, in a front-page article, how the IRS’s (“Internal Revenue Services”) new rule for inheriting individual retirement accounts (“IRA’s”) will affect current and future heirs. The rule is in effect but has yet to be finalized,...
by adamslawattorneys | May 24, 2022 | Bankruptcy
Added as part of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act, the purpose of Chapter 15 is to provide a mechanism for dealing with insolvency proceedings in which more than one country is involved. Generally, a chapter 15 proceeding is filed...
by adamslawattorneys | Jul 31, 2020 | Bankruptcy
Allows Small Business Owners to Maintain Control On February 19, new Bankruptcy law gave small business owners an option between an expensive Chapter 11 reorganization to maintain control of their businesses and a Chapter 7 liquidation requiring relinquishment of...
