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O'Reilly Rancilio Legal Blog

Do You Have a Plan for Your Digital Assets?

According to the Pew Research Center, 93 percent of U.S. residents use the internet, with three-in-ten U.S. adults stating that they are “almost constantly” online. Life in the digital age requires a multitude of usernames and passwords, each ess… Read More
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Categories: Estate Planning

Proposed Bill Provides for Changes to Grantor Trust Taxation

The House Ways and Means Committee recently introduced proposed changes to the estate, trust, and gift taxation laws that could have a tremendous impact on the tax treatment of grantor trusts if signed into law. What are grantor trusts? A grantor tru… Read More
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Categories: Estate Tax

What are the Top Cybersecurity Threats?

Earlier this year, a massive cyberattack impacted millions of Microsoft users around the globe, including nine government agencies and 60,000 private companies in the United States. In another 2021 attack, a cybercriminal attempted to poison the wate… Read More
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Categories: Business

Netflix Documentary on Painter Bob Ross Serves as a Cautionary Tale for Business Owners

“Bob Ross: Happy Accidents, Betrayal and Greed” is a new Netflix documentary that focuses on the late artist’s life and the battle for the multimillion-dollar corporation that owns Ross’s name, likeness, and intellectual property. While also… Read More
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Is it a HIPAA violation to ask about the COVID-19 vaccine?

The pandemic has drummed up many questions surrounding the Health Insurance Portability and Accountability Act (HIPAA), including what it is and who it applies to. In particular, a number of employers have wondered if it is a HIPAA violation to ask a… Read More
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Categories: Business

Private Student Loan Lenders Should Take Note of Recent Ruling in Bankruptcy Case

Until recently, few people have succeeded in shedding student loan debt through bankruptcy. Courts have required the person to prove that paying back the debt imposed “undue hardship,” a task that has proven insurmountable in most cases. However,… Read More
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Categories: Litigation

Safe Banking Act of 2021 Would Offer Protections for Financial Institutions that Serve Cannabis-Related Businesses

Newer federal legislation, if signed into law, would make it easier for depository institutions (banks, credit unions, and similar financial institutions) to provide banking services to legitimate cannabis-related businesses. The Safe (Secure and Fai… Read More
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Categories: Business

How to Prepare Your Business for the Great Resignation Wave

Businesses that survived the pandemic may soon have another problem: a quarter of their staff may leave their jobs. According to a recent Microsoft report called “The Next Great Disruption is Hybrid Work – Are We Ready?” up to 41 percent of wor… Read More
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Categories: Business

How Do You Fund a Trust?

Creating a trust with the help of an attorney is only the first step in the estate planning process. Once the trust is signed, it is up to you to fund it. But how is that accomplished? How do you fund a trust? What is a trust? A trust is an estate pl… Read More
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Categories: Estate Planning

White House Proposes Limits to 1031 Exchange

Whenever you sell businesses or investment property and you have a gain, you generally have to pay tax on the gain at the time of sale. IRS Section 1031 provides an exception and allows you to postpone paying tax on the gain if you reinvest the proce… Read More
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Categories: Business

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Press Room

Oct
11
Attorney Sean M. Colonna has joined O’Reilly Rancilio P.C. as an associate in the firm’s estate planning, business law, and litigation and disputes practice area… Read More
Oct
6
O’Reilly Rancilio president and shareholder Charles “Chuck” Turnbull was quoted in the recent edition of “Super Lawyers Magazine,” a Crain’s Detroit Busi… Read More
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Blog

Oct
13
According to the Pew Research Center, 93 percent of U.S. residents use the internet, with three-in-ten U.S. adults stating that they are “almost constantly” onli… Read More
Oct
12
The House Ways and Means Committee recently introduced proposed changes to the estate, trust, and gift taxation laws that could have a tremendous impact on the tax t… Read More
Read More From Our Blog