As part of the 2023 legislative session, the Rhode Island General Assembly passed numerous laws, all with varying degrees of impact on zoning and land use issues. One such bill changes the standard by which municipal zoning boards judge applications for a dimensional...
PLDO Law Blog
Estate & Trust Law
IRS TARGETS MONETIZED INSTALLMENT SALES IN PROPOSED REGULATIONS
IRS Commissioner Werfel has continued the theme from the Dirty Dozen list published in early 2023 to promulgate regulations regarding monetized installment sales. This particular brand of transaction has been marketed to high income individuals with the promise of a...
KEYS TO THE KINGDOM: BALANCING MERIT VS. INHERIT MODELS IN THE FAMILY BUSINESS
A recent article published by Harvard Business Review outlines the importance of distinguishing between merit compensation and inheritance.1 In most family businesses, the second generation inherit positions and compensation, which is usually a formula for disaster....
THE RISE OF THE ROBOTS: ATTORNEY LAMOUREUX TACKLES CHATGPT ON WPRO’S MATT ALLEN SHOW
Since its recent grand entrance to the world stage, ChatGPT has been infiltrating and proliferating past the tech realm and into the business world. As Artificial Intelligence (AI) continues to advance, more companies are turning to these technologies to replace human...
THE RISE OF THE ROBOTS: ATTORNEY LAMOUREUX TACKLES CHATGPT ON WPRO’S MATT ALLEN SHOW
Since its recent grand entrance to the world stage, ChatGPT has been infiltrating and proliferating past the tech realm and into the business world. As Artificial Intelligence (AI) continues to advance, more companies are turning to these technologies to replace human...
THE SAME-PROTECTED-CLASS INFERENCE: COMPLAINTS OF DISCRIMINATION IN THE WORKPLACE
Diversity, equity, and inclusion is an integral part of today’s work environment. Many clients have inquired into whether an employee in a particular protected class could discriminate against another employee in that same protected class. The answer to that...
CREATING LEGAL DOCUMENTS: ARE YOU USING THE “RIGHT TOOL” FOR THE JOB?
When it comes to crafting your legal documents, such as Wills, LLC formations, etc., there are endless options. Should you utilize an online tool, such as Legal Zoom, or seek a legal professional to produce your legal documents? In this article, PLDO Trust &...
MEDICAID PLANNING AND THE CAREGIVER CHILD EXCEPTION
In this day and age, there is no denying that prices for most things are skyrocketing and skilled care for an aging parent is no exception. If an aging parent’s health has declined significantly enough, the parent could face the prospect of admission to a nursing home...
DOES AN AGENT UNDER A POWER OF ATTORNEY HAVE THE AUTHORITY TO CREATE A TRUST IN MASSACHUSETTS?
A Power of Attorney (“POA”) is an important estate planning tool and legally binding document that gives another person, chosen by you, the power to act as an agent on your behalf. Within the last year, the Massachusetts Supreme Court issued a decision effecting the...