We can each gift unlimited wealth to our spouses without having to pay gift tax. In addition, we can each make lifetime gifts totaling $11,400,000 to people other than our spouses before gift tax kicks in. This number is indexed for inflation, so it…
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A trade secret is confidential information that is legally protected, used in a business, and gives your company a competitive edge. The most famous examples include the formula for Coca-Cola, Google’s search algorithm, and the New York Times’ sy…
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If you did not hear the news last week, you will be interested to know that the Michigan Court of Appeals issued a very important decision regarding the use of medical marijuana in the workplace. In Eplee v. City of Lansing, the Court determined that…
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According to some recent studies, less than three percent of all civil cases result in a trial. So, if ninety-seven percent of cases are resolved before trial, what are the means by which that happens? Enter alternative dispute resolution, or “ADR.…
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According to some recent studies, less than three percent of all civil cases result in a trial. So, if ninety-seven percent of cases are resolved before trial, what are the means by which that happens? Enter alternative dispute resolution, or “ADR…
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Michigan is one of only a handful of states in the U.S. that do not limit legislative session days after the November election, a situation which lends itself to biennial lame-duck shenanigans. In the final days of 2018, our 99th legislature garnered…
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The reforms in the Tax Cuts and Jobs Act represent the most sweeping tax overhaul in 30 years. Here are some of the most important changes that may affect your business: Qualified Business Income Deduction. Many owners of pass-through businesses, suc…
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Pursuant to a new law enacted in the closing days of 2018, beginning March 28, 2019, we will be able to make our wishes known in advance on the subject of being prescribed or administered opioids. A nonopioid directive form, when included in an indiv…
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Occasionally, clients will bring us legal documents that they created using an online service. It happened again a couple of weeks ago when long-time clients of mine came in for a trust review. I learned when we met that they had used a popular onlin…
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Michigan’s Paid Medical Leave Act takes effect on or about March 22, 2019. Here’s what you need to know. What Employers Are Covered? Employers with 50 or more employees (but excluding state and federal governments) What Employees Are Not Covered?…
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