Navigating Potential Changes to Estate Plans: Insights for Maine Business Owners
|

Navigating Potential Changes to Estate Plans: Insights for Maine Business Owners

There’s an important development on the horizon that could affect your estate plans in 2024 and beyond. We’re talking about a potential shift in how life insurance policies designed for repurchasing company stock are interpreted, and it’s worth your attention. Imagine this scenario: You’ve arranged a life insurance policy specifically aimed at facilitating the transfer…

Championing Conservation Efforts in Maine

Championing Conservation Efforts in Maine

In October 2023, attorney Justin Bennett helped make significant strides in conservation efforts as he represented Frenchman Bay Conservancy (FBC) in the acquisition of the former Bar Harbor Golf Course in Trenton [Frenchman Bay Conservancy]. This acquisition marked a pivotal moment in preserving vital coastal wetlands and adjacent uplands, ultimately shaping the future Jordan River…

Tax Savings Tips for Maine Owners with Out-of-State Income

Tax Savings Tips for Maine Owners with Out-of-State Income

Are you a business owner in Maine with income also coming from other states? You might be sitting on a goldmine of tax savings opportunities without even knowing it. Let’s break down a complex tax strategy into simple terms so you can see how it might benefit you. Back in 2017, the government introduced a…

Navigating Tax Advantages for Your Maine Cannabis Business

Navigating Tax Advantages for Your Maine Cannabis Business

If you’re running a cannabis business in Maine, you’ve got some unique tax hurdles to jump due to federal and state laws. Let’s break down what this means for you, whether you’re thinking about starting up or you’re already in the thick of it, especially when it comes to deciding if your business should be…

Celebrating Excellence: Our Attorneys Shine in New England’s Best Lawyers 2024

At Rudman Winchell, excellence is not just a goal; it’s a standard we strive to uphold in every facet of our legal practice. We are immensely proud to announce that several of our dedicated and talented attorneys have recently earned well-deserved recognition in New England’s Best Lawyers 2024. This recognition is awarded solely through peer…