Unless Congress Acts To Legalize Cannabis, Here’s Why You Cannot Count On The Recent Proposed Rule To Reschedule Cannabis To A Class 3 Substance. The prime benefits of classifying cannabis as a Class 3 substance is that the Federal government would recognize medical...
A person who dies owing monies to his or her creditors complicates the administration of the decedent’s estate or trust. That is because the estate or trust will now be accountable to creditors given that the decedent’s rights, liabilities, assets and interests...
In the realm of estate management and planning, a Heggstad petition plays a crucial role when a California decedent has neglected to formally transfer their property into their trust prior to passing. This mechanism is particularly significant as it provides a...
Probate is the field of law that determines how an estate must be divided. Each state has its own laws and statutes requirements to determine if and how an estate must be probated. The probate court will supervise the process when a deceased person (a decedent) leaves...
The Associated Press reported on April 30, 2024 that the Drug Enforcement Administration (“DEA”) will propose a rule to reschedule cannabis to Schedule III under the Controlled Substance Act. The proposed rule has since been reviewed by the Department Of Justice and...
How An Heir Or Beneficiary Can Contest A Will In Probate Court Probate is the field of law that determines how an estate must be divided. Each state has its own laws and statutes requirements to determine if and how an estate must be probated. The probate court will...
On June 27, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses affected by severe storms, straight-line winds, tornadoes and flooding that began on April 8, 2024 in Mississippi. These taxpayers now have until November 1, 2024,...
On April 4, 2024 the Internal Revenue Service (IRS) announced further postponement until July 15, 2024, various tax-filing and tax-payment deadlines for individuals and businesses affected by severe storms and flooding that began on December 17, 2023, and January 9,...
IRS announced it has investigated 1,644 tax and money laundering cases related to COVID fraud potentially totaling $8.9 billion, with well over half that amount coming from cases opened in the last year. Under the Inflation Reduction Act the IRS is receiving $80...
On March 27, 2024 the Internal Revenue Service (IRS) announced further postponement until August 7, 2024, various tax-filing and tax-payment deadlines for individuals and businesses affected by the August 8, 2023, wildfires in Hawaii. Previously, the deadline was...
