News and Views from the Kalamazoo, Battle Creek, Grand Rapids and St. Joesph locations of Kreis Enderle

News & Views

A Stockholder/Member Buy Sell Agreement – An Estate Plan for Your Business

A Stockholder/Member Buy Sell Agreement – An Estate Plan for Your Business

Just like individuals, businesses need an estate plan, except with a business, such an agreement is called a Shareholder Agreement, a Member Agreement, or a Buy Sell Agreement. For the purposes of this article, I will refer to it as a “Buy Sell Agreement.”

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Posted on December 13, 2017

Employers Beware: Answering Calls and Emails from Home is Compensable Work Time

Employers Beware: Answering Calls and Emails from Home is Compensable Work Time

While some employers permit exempt employees to telecommute for these purposes, others might also inadvertently authorize non-exempt employees to put in some hours off the clock. However, employers should beware as certain employee tasks could constitute compensable “work time.”

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Posted on December 11, 2017

Insuring Your Business: Five Things to Consider

Insuring Your Business: Five Things to Consider

Reviewing the provisions of an insurance policy can be an exercise in frustration. Multiple defined terms and seemingly contradictory clauses, inserted into text stretching 10, 20, 30, or even more pages is not necessarily something anyone wants to do. However, ensuring that you have the correct coverage for your business can protect you in the event of a loss or lawsuit. Instead of being something to ignore, your insurance policy should be required reading.

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Posted on December 07, 2017