The Paley Rothman Blog

Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our attorneys.

Practice the Three Email Rule

Providing outstanding legal services and counsel depends upon the clear, concise and timely transfer of information between client and attorney, or between attorneys representing different clients. Over the last decade, email has become the most commonly-used - and generally most efficient - method of exchanging information. Unfortunately, during that same period, email has in some instances served as a serious obstacle to achieving the goal of effective communication.

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Estate Planning

Review & Fix Estate Plans Before Law Changes Do

In December of 2010, Congress and President Obama came to a compromise on a series of tax law changes affecting income, estate, gift and generation skipping taxes. (For a summary of the more salient changes, see the “Estate & Gift Tax Laws Provide Benefits For Now” blog post by Jeff Kolender, chair of the firm’s Estate Planning and Estate & Trust Administration practice groups.) These modifications generally had the effect of further extending, and in several important aspects, substantially expanding estate tax planning opportunities for many taxpayers. They adopted the now common and dreaded “sunset” provisions of recent tax law, which means that, without further legislative action, these favorable changes will by and large expire and be lost, in this case, at the end of 2012.

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