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As previously reported in this Stroock Client Alert earlier this year, the National Labor Relations Board (NLRB or the Board) reversed earlier Board decisions and ruled in McLaren...
On March 22, 2023, Jennifer Abruzzo, the General Counsel of the National Labor Relations Board (NLRB or the Board), issued guidance addressing the NLRB’s decision in McLaren Macomb, 372...
Approximately $2,639,200 Approximately $7,271,200 As always, the potential estate, gift and GST tax savings should be weighed against the potential loss of the step-up of income tax basis for assets included in a decedent’s taxable estate (assuming that the Biden proposal to eliminate the step-up in basis is not enacted). Popular Wealth-Transfer Techniques to Leverage Expanded Federal Gift and GST Tax Exemptions Remain Viable – At Least For Now! Individuals who wish to reduce or eliminate future estate and GST taxes may consider maximizing their use of the increased federal gift and GST t...