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

News & Views

Lending and Michigan’s Domestic Asset Protection Trusts

Lending and Michigan’s Domestic Asset Protection Trusts

New under Michigan law are creditor protection trusts established pursuant to Michigan’s Qualified Dispositions in Trust Act. - Article by Ryan Conboy

Read More

Posted on August 17, 2017

Gifting, Compensating and Selling Stock to Employees

Gifting, Compensating and Selling Stock to Employees

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.

Read More

Posted on August 09, 2017

Tribal Casinos and the Framework of Workers’ Compensation

Tribal Casinos and the Framework of Workers’ Compensation

It is important for an employee to understand the system under which each tribally-run casino operates. - Article by Amy Foerster

Read More

Posted on July 14, 2017

Preference Claims and Statutory Liens

Preference Claims and Statutory Liens

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

Read More

Posted on June 15, 2017

Business Continuity and Transition Plans for Investment Advisors in Michigan

Business Continuity and Transition Plans for Investment Advisors in Michigan

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

Read More

Posted on May 30, 2017

Federal Marijuana Reform Could Be Just Around the Corner

Federal Marijuana Reform Could Be Just Around the Corner

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

Read More

Posted on April 12, 2017

One Resolution That Can Save You Money On Your Real Property Taxes

One Resolution That Can Save You Money On Your Real Property Taxes

February is the perfect time to give your real property a tax check-up. - Article by Tom King

Read More

Posted on February 13, 2017

Alternative Sources of Funding for Michigan Small Business: Crowdfunding

Alternative Sources of Funding for Michigan Small Business: Crowdfunding

Crowdfunding allows entrepreneurs to bypass typical investors and connect directly with consumers who are genuinely interested in making the project creator’s vision a reality. - Article by Justin Wheeler

Read More

Posted on December 28, 2016

Medical Marijuana Laws Create New Business Opportunities in Michigan, But Not Without Risks

Medical Marijuana Laws Create New Business Opportunities in Michigan, But Not Without Risks

Although the new laws will create lucrative opportunities for those brave enough to enter the medical marijuana industry, those opportunities come with significant risks. - Article by Justin R. Wheeler

Read More

Posted on October 12, 2016

Is your sales representative commission policy ready for an employee departure?

Is your sales representative commission policy ready for an employee departure?

If your company does not have a sales commission agreement or has one that focuses solely on the amount of the commission payable, you are not ready for a commissioned employee who resigns or is terminated. - Article by Tom King

Read More

Posted on August 11, 2016

Subordination Agreements, Tools to Solve Your Financing Puzzle

Subordination Agreements, Tools to Solve Your Financing Puzzle

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

Read More

Posted on February 17, 2016

Representation and Warranty Insurance

Representation and Warranty Insurance

One of the most stressful parts for any stockholder selling a business is addressing the representations and warranties that are always required by a purchaser. - Article by Dan McGlinn

Read More

Posted on January 21, 2016

Guarantying Payment of Your Business’s Debt: Details that Matter When Borrowing for Your Business

Guarantying Payment of Your Business’s Debt: Details that Matter When Borrowing for Your Business

Steve Jobs once said, “Details matter, it’s worth waiting to get it right.” This is especially true if the organized business entity in which you have an ownership interest is borrowing funds. - Article by Ryan Conboy

Read More

Posted on January 15, 2016

Buying and Selling: What They Don’t Talk about on HGTV

Buying and Selling:  What They Don’t Talk about on HGTV

Buying a new home or selling an existing home can be an exciting and yet stressful time. There is one commonly overlooked item in the buying and selling process that can help avoid costs down the road. - Article by Nick Spigiel

Read More

Posted on September 23, 2015

Disability Provisions in a Shareholder or Operating Agreement

Disability Provisions in a Shareholder or Operating Agreement

It is important to understand the provisions in a Shareholder or Operating Agreement, especially when there are unexpected life events. - Article by Bob Borsos

Read More

Posted on August 03, 2015

Not Everyone Is Entitled to a Jury Trial

Not Everyone Is Entitled to a Jury Trial

The right to a jury trial does not apply to certain corporate shareholder claims in Michigan. - Article by Steve Hessen

Read More

Posted on April 23, 2015

Drilling Down Into Buying or Selling a Dental Practice in Michigan

Drilling Down Into Buying or Selling a Dental Practice in Michigan

Important issues to consider when buying or selling a dental practice in Michigan. Article by Dan McGlinn

Read More

Posted on January 19, 2015

Implications of Court Decisions Regarding Defense of Nuisance Suits for Farmers Under Right to Farm

Implications of Court Decisions Regarding Defense of Nuisance Suits for Farmers Under Right to Farm

Understanding certain rights and protections of Michigan farmers. - Article by Robb Krueger

Read More

Posted on December 22, 2014

Adding a Joint Owner to Your Account? Consider the Pitfalls and Alternatives

Adding a Joint Owner to Your Account? Consider the Pitfalls and Alternatives

Evaluating your options when considering the possibility of adding a joint owner to your account. - Article by Ryan Conboy

Read More

Posted on December 12, 2014

Small Business Health Care Tax Credit May Reduce the Small Employer’s Cost of Providing Coverage

Small Business Health Care Tax Credit May Reduce the Small Employer’s Cost of Providing Coverage

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

Read More

Posted on November 17, 2014

10 Rules for Avoiding Investment Scams

10 Rules for Avoiding Investment Scams

Fraudulent investment schemes run rampant, often with enticing guaranteed high rates of return. Here are ten rules for avoiding them. - Article by Sara Fazio

Read More

Posted on October 17, 2014

Five Things to Consider When Starting a Business

Five Things to Consider When Starting a Business

No matter how unique your planned business model may be, there are several key considerations you should be aware of in beginning your business venture. - Article by Mark Kreter

Read More

Posted on September 22, 2014

Seller–Financed Sales . . . Don’t Forget the Security

Seller–Financed Sales . . . Don’t Forget the Security

Knowing the risks involved in the sale of a business and the means of protecting your interests can make all the difference in your financial security as you ride off into the sunset or begin a new chapter of your career. - Article by Ryan Conboy

Read More

Posted on September 16, 2014

What's on Tap to Open a Microbrewery in Michigan?

What's on Tap to Open a Microbrewery in Michigan?

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

Read More

Posted on July 22, 2014

Protecting Your Organization Against Data Breach Liability

Protecting Your Organization Against Data Breach Liability

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

Read More

Posted on July 11, 2014