If you created a family limited partnership (FLP) in connection with your estate planning, this alert is for you. The IRS is auditing virtually every U.S. estate tax return where one of the assets was an interest in a FLP and a discount was claimed on the value of that […]
President Bush signed into law the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (the “Act”). This affects both consumer and business bankruptcies. Following are the most significant changes: Amendments Affecting Consumer Bankruptcies Reforms the bankruptcy system to be “needs based,” meaning that the extent of the relief afforded […]
Phoenix, Arizona – The Business Journal of Phoenix named Gust Rosenfeld attorney Christina M. Noyes among the “Best of the Bar” in the area of franchising and licensing law. This annual award recognizes local attorneys who are voted by their peers to be the best in their fields of practice. […]
Phoenix, Arizona – Charles W. “Chas” Wirken became president of the State Bar of Arizona on June 12, during the State Bar of Arizona’s annual convention. A 29-year legal veteran, Wirken is listed in The Best Lawyers in America. His work has also earned him the highest distinction, an “AV” […]