Legal Insights: Our Blog

On October 19, 2026, the Colorado Supreme Court agreed to review Dorotik v. Town of Breckenridge, a challenge to the town's annual charge on short-term rental (STR) licenses. The question is whether the charge is a fee, which a town may adopt on its own, or a tax, which the Colorado Taxpayer's Bill of Rights (TABOR) requires voters to approve. The answer matters to STR owners in Breckenridge and to anyone who owns, buys or underwrites rental property in a Colorado community t

Update (November 2026): Since this article was published, Congress set the federal basic exclusion amount for estate and gift tax at $15,000,000 for 2026 in Public Law 119-21, signed July 4, 2025. The proposals described in this article were not enacted. This article reflects the law when it was published. For current guidance, contact us. The Biden Administration, under the American Families Plan, is currently proposing what may be the highest estate tax rates in nearly a ce

Most businesses in the United States are small, closely-held or family owned companies. However, due to insufficient estate, insurance,...