Irrevocable life insurance trusts (ILITs) are designed to keep life insurance from being subject to estate tax in the insured’s estate. However, the trust must be precisely drafted and [...]
READ MORE
By its nature, an irrevocable trust cannot generally be changed. And the big fear of every irrevocable trust is inflexibility. Of the many “future looking” powers we can include in a trust, [...]
Headlines about data security breaches at big companies grace newspaper covers on a weekly basis. But your company doesn’t have anything to steal, right?…Wrong. Get prepared now by [...]
By way of background, a Roth IRA is a retirement plan where the funds contributed to the plan do not qualify for an income tax deduction, but are also not taxed upon withdrawal. On the other [...]
Last Friday, a federal jury sitting in Pittsburgh awarded more than $13 million to a plaintiff who alleged that her former employer discriminated against her on the basis of sex. Sandra Robertson [...]
Acting boldly when others are meek can result in very effective estate tax planning. It seems counter-intuitive, but the recent halving of oil prices and a similar bloodletting in natural gas [...]
In its recent March 25, 2015 decision, the Supreme Court, in Young v. United Parcel Service, Inc. took the side of a former UPS driver. As a part-time driver for UPS, Peggy Young was required to [...]
In a post called “Anatomy of an Indemnification Provision,” I previously provided an overview of the major features of an indemnification provision – a provision in which one party (the [...]
A subpoena is a formal written order issued by a court of law or some other body commanding a person (or a company representative) to appear and testify at a hearing, trial, or deposition. In [...]
Under federal law, employees do not have to be paid for time spent going through employer mandated security screenings designed to prevent employee theft. In the recent case of Integrity Staffing [...]
