News & Insights
Subsidized COBRA Coverage Under the American Rescue Plan Act
The American Rescue Plan Act of 2021 ("ARPA"), passed in March, includes a 100% premium subsidy for many individuals eligible for COBRA health insurance benefits. It is vital that employers are familiar with their obligations under this new law. Learn more from WBS Associate Attorney Patrick Spellman in this article.Read More
Window on use of the current Federal Transfer Tax Exemption may soon be closing.
Election results may dramatically affect estate planning by accelerating the reduction of the Federal gift, estate, and generation-skipping tax exemption. It may be best to consider using this exemption before the start of 2021. WBS Partner Joel Goldblatt, WBS Of Counsel Sidney Levine and associate attorney Patrick Coonan will help navigate these changes in this article.Read More
Carefully Consider the Effect of the SECURE Act On Your Estate Plan
It is important not to let the pandemic derail plans for retirement. Recently signed into law was the SECURE Act (Setting Every Community Up for Retirement Enhancement Act), landmark legislation that may affect how you plan for retirement as well as how you design your existing estate plan. There are critical tax changes incorporated into this law whose impact can be minimized by taking the right steps. Read below on how WBS partners Joel Goldblatt, Andrew Arons and WBS Of Counsel Sidney Levine highlight these changes and the importance of reviewing estate plan documents and beneficiary designation forms to maximize income tax advantages and help you achieve your goals.Read More