Kaufman and Canoles

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Private Client Services Update - Trump is President and Republicans Control Both Chambers of Congress…
Whether or not the federal estate tax will be eliminated by the current government is as yet uncertain.
By Alison V. Lennarz and Private Client Services

Credit Union Legal Update - Winter 2017
It is a well-known fact that federal credit unions are not permitted to directly compensate members of their boards of directors. As a result, a number of FCUs are converting to state charters primarily so they can pay their directors.
By E. Andrew Keeney

Employment Law Alert - Increase to Exemption Salary Requirement Delayed
On the evening of November 22, 2016, Texas U.S. District Judge Amos Mazzant sided with the 21 states and issued an order that blocks the DOL’s exemption salary increase for the time being.
By Burt H. Whitt and Labor & Employment

Employment Law Update - Winter 2017
Less than three weeks before the anticipated December 1, 2016, effective date of the Department of Labor (DOL) Rule doubling the exemption salary requirement to $47,476 per year, a U.S. District Judge in Texas entered an order temporarily blocking the increase.
By Labor & Employment

Manufacturing & Distribution Client Advisory - February 2017
One of the easiest ways for a criminal to obtain personal data is to have you send it directly to them, and criminals are obtaining thousands of Social Security numbers, names, addresses and wage information from well-meaning employees.
By Nicole J. Harrell

How To Cross $10 Billion And Keep On Going
Growth is a major goal for most financial services providers, but there’s one milestone that can turn good growth into too much of a good thing. That milestone is hitting $10 billion in assets.
By E. Andrew Keeney

On Compliance: Discussions on Director Compensation Heat Up
It is well known that federal credit unions are not permitted to directly compensate members of their boards of directors. However, as we go to press with this article, a new administration is being sworn in and there are evolving discussions about whether directors of federal credit unions should be directly compensated.
By E. Andrew Keeney