June 2016

Many employers are struggling with the new higher salary requirements under the Fair Labor Standards Act (“FLSA”). The new law (going into effect December 1, 2016) effectively doubles the required minimum salary amount that must be paid. The old rule required a salary of $23,660 and the new rule requires a minimum salary of $47,476, […]

If you are a business owner, and are starting to think about transitioning the business to a younger generation, you might want to consider whether a deferred compensation agreement would help you attain your goals. Basically, a deferred compensation agreement is based upon the belief that a certain key employee is worth more to the

No one likes to pay taxes so getting a property tax break for one’s principal residence is popular. And taken for granted. And, given that we live where many people like to vacation, renting the home out for a couple weeks while you get away can seem like a good idea. Be aware though that

The types of assets that someone can keep and still attain Medicaid eligibility were reviewed in Medicaid Series Part 4. Other articles will follow about the nuances and considerations involved in keeping a home while a loved one is receiving care in an assisted living community or nursing home. But, it is important to first