A major shift is approaching for small businesses across the country. As many Baby Boomer entrepreneurs move closer to retirement, millions of businesses are expected to change ownership in the coming years. By 2035, research [...]
Construction defect issues are often more complicated than they first appear. Some problems are obvious right away, while others do not show up until months or years after a project is completed. By then, the [...]
New savings and planning tools continue to emerge, and some may become part of broader long-term planning conversations for families. One option worth understanding is Trump Accounts, a tax-advantaged savings vehicle designed to help support [...]
In a recent 6-3 decision, the Supreme Court struck down most of the reciprocal tariffs that had been affecting material costs across the construction industry. While that may offer some temporary relief, many contractors still [...]
The U.S. Department of Labor recently proposed a new rule that could affect how businesses classify workers as independent contractors or employees under the Fair Labor Standards Act (FLSA). While the rule has not yet [...]
At Burkhalter Law, we believe meaningful progress starts with thoughtful preparation. While many entrepreneurs take steps to protect their personal legacy through a Will and/or Trust, they often overlook what happens to their most significant [...]
A postmark has long been a reliable way to prove that a document was mailed on time. For many legal and business deadlines, the long-standing “mailbox rule” meant that if something was placed in the [...]
A complete estate plan extends far beyond a basic will and incorporate legal structures such as revocable or irrevocable trusts, financial and healthcare powers of attorney, advance directives, and HIPAA authorizations. These important documents ensure [...]
Many successful business owners are understandably concerned about potential estate taxes. However, effective estate planning is about much more than just reducing taxes. It’s about making sure your wealth continues to grow, supports your family, [...]
The new federal tax law introduces key changes that could impact how construction business owners plan, invest, and pass on their companies. While the Employee Retention Credit has officially closed, the legislation offers new opportunities [...]
At Burkhalter Law, we understand that managing significant wealth demands more than basic planning—it requires an integrated legal strategy that aligns with your financial goals, business interests, and family dynamics. Our attorneys work closely with [...]
