News + Insights

On February 12, 2014, the U.S. Department of the Treasury issued final regulations (“Final Rules”) for the Shared Responsibility for Employers Regarding Health Coverage…

Effective as of January 1, 2014, the North Carolina General Assembly completely repealed the North Carolina Limited Liability Company Act (“Old Act”) and replaced…

A family limited liability company can address several common estate planning challenges by providing centralized management of family assets, facilitating gifts, achieving asset protection,…

The year 2013 saw some of the most significant changes to the U.S. patent system in more than 60 years.  Pending legislation and several…

The net investment income tax is a 3.8% federal tax that applies to certain taxpayers with passive income.  It is important that you understand…

A new standard practice for Phase I Environmental Site Assessments was adopted by the Environmental Protection Agency on December 30, 2013, adding more refined…

Ward and Smith, P.A. congratulates our attorneys selected for inclusion in 2014’s North Carolina Super Lawyers Magazine as “Super Lawyers” and “Rising Stars.”  Attorneys are chosen…