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.”
Posted on December 13, 2017
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.”
Posted on December 11, 2017
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.
Posted on December 07, 2017
While there is no universal rule as to when to update your estate plan, there are some common guideposts that should cause you to consider amending your estate plan. So, here are some suggestions, followed by a discussion of some common events which do not require immediate estate plan amendments.
Posted on November 27, 2017
Saturday, November 18th, Kreis Enderle attorney, Amy Foerster, serves as judge for University of Michigan’s 3rd Annual Wolverine Classic Invitational Mock Trial Competition.
Posted on November 22, 2017
Kreis Enderle attorney, Kay Kossen, has been appointed to the advisory council of Olivet College Women’s Leadership Institute.
Posted on November 15, 2017
Attorney Thomas G. King, has successfully defended two of our governmental clients in separate matters before the United States Supreme Court.
Posted on November 15, 2017
Kreis Enderle attorney, Amy Foerster, was elected secretary of the State Bar of Michigan American Indian Law Section Council.
Posted on October 05, 2017
At an increasing rate, couples are turning to assisted reproduction technologies (ART) to create families that are preferential in size and structure.
Posted on October 02, 2017
Kreis Enderle is pleased to announce that attorney Bobbi S. Hines has joined the Firm as a member of the Estate Planning and Elder Law Practice Group.
Posted on September 19, 2017
Posted on September 18, 2017
There are several options available to creditors after judgment is entered, some of which are more effective than others. - Article by Ray Schultz
Posted on August 25, 2017
New under Michigan law are creditor protection trusts established pursuant to Michigan’s Qualified Dispositions in Trust Act. - Article by Ryan Conboy
Posted on August 17, 2017
You, as the business owner, can give or sell at a discount to the employee some portion of your personal stock in the company. There are, however, tax matters to consider.
Posted on August 09, 2017
Antenuptial (Prenuptial) Agreements are often thought of as the tool of a wealthy parent trying to protect the family’s wealth. But what exactly are these agreements? - Article by Ryan Conboy
Posted on August 03, 2017
A DAPT is a tool that is used along with other estate planning and asset protection techniques. - Article by Kate Gadbois
Posted on July 24, 2017
It is important for an employee to understand the system under which each tribally-run casino operates. - Article by Amy Foerster
Posted on July 14, 2017
Mold builders and other statutory lienholders may be able to avoid preference claims, even if they fail to perfect their liens. - Article by Tom King
Posted on June 15, 2017
Both Michigan and the federal government have proposed administrative rules that would require Investment Advisors to develop Business Continuity and Succession Plans. - Article by Dan McGlinn
Posted on May 30, 2017
Kreis, Enderle, Hudgins & Borsos, P.C. has been awarded the 2016 United Way Gerard Thomas Community Law Challenge Award from United Way of the Battle Creek and Kalamazoo Region.
Posted on May 09, 2017
If the amount of estate assets do warrant consideration of a will or trust contest, a disinherited person should carefully consider a few key questions. - Article by Sara Fazio
Posted on May 08, 2017
On March 30, 2017, U.S. lawmakers announced the “Path to Marijuana Reform,” a package of three bills aimed at regulating marijuana more like alcohol and tobacco as opposed to heroin. - Article by Justin Wheeler
Posted on April 12, 2017
The Kalamazoo Central High School varsity mock trial team won their second consecutive state championship on Saturday, March 25, with Kreis Enderle attorney, Nick Spigiel, as an attorney coach.
Posted on April 11, 2017
If you own or are planning to purchase a property which is separated by road from a lake, it would be worth having an attorney and surveyor investigate your rights as to the access of the lake. - Article by Robb Krueger
Posted on March 17, 2017
February is the perfect time to give your real property a tax check-up. - Article by Tom King
Posted on February 13, 2017
We at Kreis Enderle are extremely proud of attorney Kay Kossen and all she means to the local community.
Posted on February 06, 2017
The unlawful depletion of financial resources is particularly ruinous for the senior community because many are relying on their finances to pay for nursing home care. - Article by Jim Lance
Posted on January 30, 2017
The National Institute of Standards and Technology (NIST) issued a draft update on January 10 to its Framework for Improving Critical Infrastructure Cybersecurity. - Article by Elliott Church
Posted on January 24, 2017
Justin R. Wheeler has joined Kreis, Enderle, Hudgins & Borsos, P.C. as an associate attorney in the Grand Rapids office.
Posted on July 29, 2016
Many dream of owning their own beach house. But before you get out your board shorts and sunglasses, there are a few legal concerns to keep in mind. - Article by Kay Kossen
Posted on July 28, 2016
What can you do if your lender, to whom you’ve already pledged all of your assets, won’t lend you additional funds to purchase something critical for your business? - Article by Ryan Conboy
Posted on February 17, 2016
Winning on the tort threshold during motion practice is possible, but it requires careful case development through discovery. - Article by Steve Staple
Posted on October 07, 2015
Wearable devices such as the FitBit can give even greater insight into the validity of personal injury claims. - Article by Steve Staple
Posted on September 07, 2015
Many small businesses remain concerned about the effects of the "Obamacare" on their employee health insurance plans. It is important to see if the Small Business Health Care Tax Credit is an option for your business. - Article by Janice Peters
Posted on November 17, 2014
Parents, if you are unavailable to exercise your parental authority for any reason and have left your children in the care and custody of a non-parent, consider executing a delegation of authority. - Article by Ryan Conboy
Posted on October 27, 2014
Fraudulent investment schemes run rampant, often with enticing guaranteed high rates of return. Here are ten rules for avoiding them. - Article by Sara Fazio
Posted on October 17, 2014
The elderly have long been a target for clever con artists seeking to make an easy buck through illicit means. Some scams, like the lost Prince of Nigeria email, have been around for decades, but other, more convincing scams have just begun to pop up in 2014. - Article by Kay Kossen
Posted on July 29, 2014
So you want to open a microbrewery. If this desire is more than talk after downing a couple high alcohol percent beers, here’s a brief list of steps to move forward with your dream project. - Article by Dan McGlinn
Posted on July 22, 2014
Data breaches can have significant reputational costs and also present the real threat of litigation or regulatory issues which could result in lost dollars from the bottom line. - Article by Nick Spigiel
Posted on July 11, 2014