Kaufman and Canoles



Credit Union Legal Hurdles for 2013
The Credit Union Times featured an article from the K&C Credit Union Team on legal hurdles for credit unions in 2013. 
By E. Andrew Keeney, Dustin H. DeVore, Erin Deal, Alfred M. Randolph Jr. and Brian O. Dolan

Private Client Services Update - The New Shift Away from Estate Tax Driven Planning in Private Client Legal Services
Currently, the combined estate tax credit sheltered amount for a couple is $10,240,000. While this number is set to reduce as of January 1, 2013, presumably, regardless of how the negotiations on the fiscal cliff turn out, a bill will eventually be enacted into law providing at least $7,000,000 in total estate tax credits per couple. 
By Lewis W. Webb III and Private Client Services

The Corporate Emergency Response Plan: A Smart Strategy
Corporate emergency response planning provides well-conceived strategies, tactics, and principles in order to minimize losses while effectively and efficiently gaining the advantage over a crisis. Therefore, it is wise for corporate executives to ready to implement a comprehensive emergency plan when a crisis suddenly threatens their company, their people, the environment, and perhaps even their jobs.
By David B. Graham and Environmental Law

Credit Union Legal Update - Fall 2012
There are some significant changes and potential pitfalls for those filing proofs of claim in the federal bankruptcy courts. At the end of last year, there were significant changes to the Federal Rules of Bankruptcy Procedure governing proofs of claim. These changes resulted in a new standard form for filing such proofs as well as some new requirements, particularly for proofs of claim in individual bankruptcies or claims secured by mortgages and deeds of trust.
By E. Andrew Keeney

Create a Winning Team: How to Negotiate a Successful Teaming Agreement
Terence Murphy & Charles V. McPhillips recently presented, "Create a Winning Team: How to Negotiate a Successful Teaming Agreement."
By Terence Murphy, Charles V. McPhillips and Government Contracts & Construction

Private Client Services Update - Taxation of Corporate-Owned Life Insurance: Traps for the Unwary
Most corporate clients assume that proceeds of a life insurance policy insuring the life of an employee are tax free. Revisions to the Internal Revenue Code in 2006 provide, however, that life insurance proceeds are included as taxable income of the corporate owner of a life insurance policy unless certain IRS requirements are met.
By Gregory R. Davis and Private Client Services

Employment Law Update - Fall 2012
In This Issue:
- VDOLI Stops Handling Virginia Wage-Hour Cases
- EEOC Updates Employer Guidance on Criminal Background Checks
- Recent Cases Recognize Employer Rights Under FMLA
- 29th Annual Employment Law Update - Your Prescription for Compliance
- The U.S. Supreme Court Affirms Obamacare
By Labor & Employment