Private Client Services Update - Family Business Succession Planning (Beyond Taxes and Trusts)
Successful business owners have many excuses to postpone hard discussions about what will happen to their business following their death. Many wait to address this inevitability until terminal illness or imminent death leaves no alternative. To minimize friction between family members and risk to the business, and to maximize opportunities, business owners should undertake business succession planning while they are still healthy and in control.
By Alison V. Lennarz and Private Client Services
Credit Union Legal Update - Fall 2010
In This Issue:
- Contractor Selection Due Diligence Check List
- The Alphabet Game - DOR; LUA; or C&D
- Sex[t]ual Harassment - Do Employers Need a Text Messaging Policy?
- Is a Share Secured Loan 100% Secure?
- Foreclosure Versus Deeds in Lieu of Foreclosure
- Employee Entitled to Overtime Pay
- Software Acquisition Checklist
- Etc., Etc., Etc.
By E. Andrew Keeney
Employment Law Update - Fall 2010
In this issue:
- Employers Should Prepare for Increasing Use of Social Networking Media
- Humor or Sexual Harassment
- Supreme Court's First Look at Employee Texting Rights Leaves Employers Scratching Heads
- Emergency Unemployment Compensation Extended - Again
- Richmond Judge Rules Employer May Be Liable for Hostile Environment Created By Non-Employee
- 27th Annual Employment Law Update - Weathering the Employment Law Storm
By Labor & Employment
Private Client Services Update - Practical Preparations for Clients Prudently Planning for the Risk of Incapacity
Attorneys and other professionals in the private client (trusts & estates) area only too frequently see poor decision making by clients in their last years of life. And only too often, the results of these decisions are financially and otherwise catastrophic.
By Lewis W. Webb III and Private Client Services
Real Estate Strategies Update - Court Rulings Narrow One Hundred Lot Exemption Under the Interstate Land Sales Full Disclosure Act
The Interstate Land Sales Full Disclosure Act (the "Act") has taken on new importance for residential developers and builders as purchasers seek ways to escape contracts to purchase residential property. Two recent decisions by the U.S. District Court for the Eastern District of Virginia highlight the need for careful planning to qualify for exemptions under the Act. In addition to providing a brief overview of the Act and its accompanying regulations, this article summarizes how the recent decisions narrow the usefulness of the One Hundred Lot Exemption.
By Charles E. Land and Real Estate Strategies Group
Franchising Your Business
So, you own a thriving business that is well-run, successful and making money. You have thought about franchising your business and wonder what that entails. This article will give a very brief overview of the basics of franchising your business.
By Stephen E. Story
Private Client Services Update - What's the Latest on Estate Taxation?
Taxpayers and tax planners alike are eager for news from the federal government on estate tax legislation. In earlier updates, the Kaufman & Canoles Private Client Services Group provided extensive background on the recent history of estate taxation, and the return of estate taxation in 2011. Congressional action has been expected, but not forthcoming.
By Gregory R. Davis and Private Client Services