Bott & Associates, Ltd.

The U.S. Supreme Court has blocked OSHA’s emergency temporary standard mandating that businesses with at least 100 employees must require workers to be vaccinated against the coronavirus or wear masks and undergo weekly testing. But in a partial victory for…

Estate Planning Lawyer If you’re taking care of adult children, relatives or parents, you know that this can create an additional financial strain. To ease it, the IRS offers a credit for dependents who are too old to qualify for…

Asset Protection & Business Planning What are your attitudes about money? Start by seeing which of these five categories you fit into: Saver. Savers save because having money makes them feel secure. They are wired to save rather than spend.…

Estate Planning President Biden’s proposed infrastructure plan does not explicitly raise estate taxes. Instead, it ends the step-up on the basis that wealthy taxpayers often use to minimize the tax on inherited wealth. The step-up in basis allows heirs to…

In a 7-2 decision, the U.S. Supreme Court upheld, again, the Affordable Care Act. Texas and other states had sued to overturn it. The court’s opinion, written by Justice Stephen Breyer, said that plaintiffs had argued that without the noncompliance…

Estate Planning Estate planning isn’t just about distributing your things after you’re dead; it’s about the relationships you’ve established in your life. It’s difficult to face your own mortality, but it’s important to make plans to leave items to people…

Hiring a Caregiver If you’ve ever cared for a seriously ill or aging loved one, you’re not alone. According to the latest figures, more than 53 million Americans report providing unpaid care to another adult or child over the past…

Private Equity According to consulting firm McKinsey & Company’s annual survey of private markets, businesses raised $7.3 trillion from private markets in 2020, and 61% of those funds came from private equity. The availability of private equity investors can be…

Incentivizing Insurers to Cover COVID-19 Tests According to a statement on the website of the Centers for Medicare & Medicaid Services, most consumers with private health coverage can go online or to a pharmacy or store, buy a test, and…