With greater nationwide discussion regarding the use and ownership of firearms, a commonly-overlooked issue relates to the transfer of those firearms to beneficiaries upon death. It is estimated that nearly 40% of households in the United States own one or more...
By Mark E. Straetmans, Esq. A common endorsement often found in commercial property insurance policies is the Protective Safeguards Endorsement (“PSE”). This endorsement is often added to a policy because the insured property is equipped with some mechanism that...
NO NEED TO FIGHT OVER MY DEAD BODY! Michigan Law Now Authorizes Designation of a Funeral Representative Michigan law was recently amended to update and simplify the process for making and carrying out funeral arrangements after a person’s death. 2016 PA 57 revises...
By Andrea M. Pike, Esq. Some employers offer paid tuition, training, or education reimbursement to its employees. This is a great incentive for the employee who wants to further their education or training and is beneficial to the employer. But unless done properly,...
By Patrice M. Ticknor, Esq. Generally, any amount distributed from a traditional IRA is includable in the account owner’s gross income. Section 408(d)(3)(A) of the Internal Revenue Code (“IRC”) allows the account owner to exclude from gross income any amount...
By Timothy E. Harden, Esq. I. Introduction: What is a Conservation Easement? What if you could preserve your property as farmland or wildlife habitat for future generations, and get a significant tax break while doing it? That is the allure of conservation easements....
