The breakneck speed of technology developments can leave businesses struggling to keep pace, and leave little time to decipher what advancements are actually beneficial to growth, stability, and efficiency. Not every innovation is going to be a game-changer. Smart contracts are one of those recent developments that aim to improve efficiency and security. In this […]
Starting January 1, 2024, a new federal law known as the “Corporate Transparency Act,” (the “CTA”) will impose new reporting obligations that may impact your organization. The attorneys at Hackstaff, Snow, Atkinson & Griess LLC are here to help you learn about the new law and how your organization can comply with the CTA going […]
Mergers & acquisitions (M&As) are complex agreements that can make national headlines when they involve Fortune 500 companies, but they routinely happen among mid-size and small companies as strategic moves for growth. Real estate is often a component of an M&A transaction, as companies being sold may own office or retail space, laboratories, warehouses and […]
Most people are familiar with the basic needs of an estate plan: Will, Revocable Living Trust, Durable Power of Attorney and a Living Will or Health Care Power of Attorney. But high net worth estate planning requires individuals to also ensure that their estate plans are sophisticated and thorough enough to protect larger assets like […]
With the expected gift tax changes looming on the horizon, many clients are looking at ways to restructure estate plans to avoid estate and gift taxes. In this post, we’ll look at a few estate planning gifting strategies to consider: Family Trusts, Gifting Plans, Life Insurance Trusts, Grantor Retained Annuity Trusts (GRATS), and Spousal Limited […]
Colorado statewide property tax bills brought some unwelcome surprises to mailboxes in May 2023, with some property owners seeing tax increases as high as 65 percent in response to a recent spike in home values. This resulted in a record number of appeals flooding assessor’s offices throughout the state, prompting a new proposal (Proposition HH) […]
The estate and gift tax exemption amount (currently $12.92 million per individual and $25.84 million for married couples) reverts to its pre-2018 levels (adjusted for inflation), if Congress fails to act prior to December 31, 2025. Projections vary, but it is estimated that the 2026 estate and gift tax exemption could be as low […]
While most people don’t get excited about the idea of estate planning or setting up wills and trusts, it’s an important task that’s better started sooner rather than later, especially given the common complexities of finances and family dynamics. Having an estate plan in place ensures your property and assets are distributed according to your […]
Hackstaff, Snow, Atkinson & Griess, LLC is proud to announce that Jim Hackstaff and John Snow are chairing Denver Over the Edge for the 10th consecutive year! This annual event raises funds and awareness for the Cancer League of Colorado, a 100% volunteer organization that provides grant funding for cancer research and patient care. This […]
A severance agreement is essentially a contract between an employer and an employee that outlines the terms and responsibilities for both parties, as well as the potential compensation package that would come into play if an employee loses their job through a layoff or other situation. Typically, severance agreements cover wages, COBRA insurance extended coverage, […]
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