A super powered financial plan should include a safety net in case you become incapacitated unexpectedly– Someone you trust should be able to step into your shoes and handle your legal and financial affairs. You, too, can have that “super power” through a durable power of attorney. It won’t help you run faster than a speeding bullet or leap tall buildings in a single bound, but a plan that includes a durable power of attorney will enhance your financial security so you can live your best life with one less thing to worry about.
May 6, 2019
These days, keyboard warriors are taking to social media to dispense their own brands of internet justice. Most of the time, this practice is highly annoying but otherwise pretty harmless… Until a social-media shenanigan crosses the line, which can result in unintended consequences, even problems at work. In the digital age, where social justice is at our fingertips, employers and employees should understand their rights (or lack of) with respect to social media usage.
April 10, 2019
I had the honor of addressing a large group for the Livonia Chamber of Commerce event, “Forum for Employers in an Era of Recreational Marijuana.” As an added bonus, WWJ Radio did an exclusive interview with the panelists, which aired shortly after the event.
Liability for wage-and-hour violations under federal employment laws may flow through to a successor business entity, even if a transaction is structured as an asset sale, rather than a stock sale.
Everyone should periodically review and update beneficiary designations on insurance policies, bank accounts, and retirement plans. But due to federal employee-benefit laws, divorced individuals need to be even more diligent about this, especially with respect to employer-sponsored plans. By being active in your estate planning, you can make sure that your hard work transfers to your intended beneficiaries according to your wishes.
Should an employer and employee be allowed to agree to delay or extend FMLA leave? In the past, those arrangements allowed employees to use paid time off (PTO) either before the start of FMLA leave or to extend the duration of FMLA leave. However, a recent change in position at the Department of Labor makes this type of employee-friendly arrangement a violation of the FMLA.
Police officers are out there risking their lives every day to protect the public. Yet many do not have wills or other estate planning documents in place to protect themselves and their families. Click the article below to find out more. If you or someone you love works in public safety, don’t be afraid to start this conversation.
This article originally appeared in the Winter 2019 edition of Michigan Police Chiefs magazine, an official publication of the Michigan Association of Chiefs of Police. Click here to view the full magazine.
For business owners, expanding or moving operations can be fraught with a variety of costs and commissions. In the interest of saving money in the short term, it may be tempting to forego hiring an attorney to advise on the transaction. But don’t give in; hiring an attorney just might save you money in the long run. Whether you go with legal counsel or not, keep an eye out for these pitfalls.
Employers and retirees should check with their trusted advisors to determine whether a lump-sum pension buyout would be advantageous.