Check out this week's report of estate planning and administration law related legislation.

Check out this week's report of estate planning and administration law related legislation.

The American Bar Association recently awarded the Louis M. Brown Select Award to the Indianapolis Bar Association’s Virtual Ask a Lawyer program last week. Winning the award was quite a feat as the other finalists were programs run by state bar associations. This national recognition reveals the special and unique nature of our legal community, which is so willing to help those in need.

Check out this week's report of estate planning and administration law related legislation.

Recent challenges, ranging from the pandemic to widespread social unrest born of racial inequalities, have caused employers across all industries to take a careful look at their diversity and inclusion practices in the workplace and likewise have created a unique need for diverse legal counsel. The Indianapolis Bar Association takes pride in its diverse legal community and is committed to promoting continued diversity as evidenced in its annual Diversity Job Fair, and we need your help.

Check out this week's report of estate planning and administration law related legislation.

The administration of estates and trusts with assets that include a business can often last for years. The personal representative of an estate or trustee of a trust must be mindful of both the statute of limitations for any cause of action that may be brought against the estate/trust and any cause of action that may be brought on behalf of a estate/trust.

This article, written by Ronald D. Aucutt of Bessmer Trust, details a high-profile estate tax development of 2021: the estate of Michael Jackson, which is possibly the first reported case regarding the value for purposes of a celebrity’s image and publicity rights.

How can you keep up with pending legislation that’s important to you and your practice? With the help of Ice Miller LLP, the IndyBar Legislative Committee (chaired by Lacey Berkshire of Ice Miller LLP) provides weekly Bill Watch reports throughout the session, which highlight progress and recent actions taken on bills being monitored by the association.

Are you confused or confident when your estate planning client starts talking about their digital assets? When clients talk about non-fungible tokens (NFTs), are you silently asking yourself why your client is collecting moldy tokens? Here is a breakdown of basic cryptocurrency and NFTs information and how to handle this type of asset in estate planning and administration.