Today, McGrath North attorney and President Jon Grob had the privilege of presenting at UNL's John Gradwohl Estate and Business Planning Program—a two-day event that covers federal and state developments regarding estate planning and business planning for attendees.

Creating a comprehensive estate plan is a crucial step in ensuring that your assets are distributed according to your wishes, wealth transfer taxes are minimized, and loved ones are adequately provided for after your death. Some people consider a "do-it-yourself" (DIY) approach to estate planning because they are tempted by the promise of simplicity and cost savings (at least in the short term). However, even though a DIY estate plan may seem straightforward enough, there are a number of pitfalls that can undermine the plan's effectiveness and, in some cases, lead to significant legal complications and expense for your heirs after you are gone.

In August 2024, the IRS issued Notice 2024-63 (the "Notice") which addresses the SECURE 2.0 Act provision permitting retirement plan matching contributions on student loan repayments. The Notice is effective January 1, 2025 for calendar year plans and applies to 401(k) plans, 403(b) plans, governmental 457(b) plans and SIMPLE IRAs. This article provides a general summary of the Notice.

A well-planned budget is the backbone of any successful homeowners association (HOA). It ensures the community's financial stability, supports essential services, and prepares for future needs. Here are the best practices your HOA should follow to create and maintain a strong budget.

McGrath North Labor & Employment attorney Abbey Moland is excited to serve as a featured speaker at the Resource Roundtable during the Greater Omaha Chamber of Commerce's "Employer Coalition: Representative Recruiting Strategies: Hiring for Impact in a Complex Climate" event on April 30th.