Buckley Fine Named Again to Crain’s Best Places to Work
Buckley Fine Law is excited to share that we have been recognized as one of Crain's Best Places to Work for the second year in a row!
David Buckley Named to Crain’s List of Notable Leaders
Buckley Fine Law is excited to share that David Buckley, Jr has been named to Crain's 2024 Notable Leaders list.
Potential Major Revisions to Estate Tax System in 2025
Vice President Harris’ economic agenda proposes significant changes to estate, gift, and income taxes. Review your estate plan with Buckley Fine to act before 2026.
Estate Tax Exemptions to Expire
Record-high estate tax exemptions are set to expire in 2025. Planning ahead is crucial in order to make the most of the current opportunities and avoid donor remorse. This temporary exemption will expire if Congress does not take action, and the new exemption levels will be cut in half. Learn more about how Buckley Fine can help prepare you for the changes.
Best Lawyers Winners Announced
We are pleased to announce that David Buckley and Nicole Arnold have been recognized in the 2025 edition of Best Lawyers in America for their exceptional contributions to the field of law.
Buckley Fine Law is pleased to announce that Nicole S. Arnold has been promoted to Partner
Buckley Fine Law is pleased to announce that Nicole S. Arnold has been promoted to Partner. Nicole concentrates her practice in corporate transactional work, business representation, commercial real estate, nonprofit formation and compliance, and estate and business planning.
Supreme Court Ruling on Business Life Insurance
The U.S. Supreme Court's Connelly ruling affects buy-sell agreements, requiring business owners to review and possibly restructure their life insurance policies. Cross-purchase agreements and updated valuation methods can help mitigate increased estate tax values. Contact Buckley Fine for a review.
The FDIC Changes the Rules on Insured Accounts Owned by Trusts
The FDIC has issued final regulations that, on April 1, 2024, changed how bank accounts held in the name of a trust will be insured. Now, both revocable and irrevocable trust accounts will be eligible for FDIC insurance up to $1.25M, which covers up to 5 beneficiaries at $250,000 each. Read more information on the changes.
College Packing List: Power of Attorney
As your child heads off to college, don't forget one essential item: a Power of Attorney (POA). Legally an adult at 18, they'll need a POA for you to manage health and financial matters if they can't. It’s a safety net that keeps you connected when it matters most.
Update on Overtime Regulations
On April 23, 2024, the U.S. Department of Labor (DOL) published its final rule amending the overtime regulations under the Fair Labor Standards Act (FLSA). Read more about what the Overtime Rule means for workers.