Investors place their trust in the hands of financial advisors and there can be catastrophic financial consequences when this reliance is abused. Criminal prosecution and civil securities litigation are intended to deter this fraud and deception. Federal prosecutors...
Month: November 2020
Timely business succession planning can save time and money
Detroit residents put a lot of money and time into developing their businesses, often making as much of an investment into their company as they do into their children. Just like with one’s children, one wants their business to remain profitable and successful even...
Judge allows NY lawsuit to dissolve NRA to move forward
In America’s current corporate landscape, lawsuits can generate complex legal questions about where and when a case should be tried. One of the most complex of such lawsuits is the suit by the state of New York seeking to dissolve the National Rifle Association for...
Litigation and other options in a business law dispute
It is probably the dream of every business leader to have all relationships with other companies, vendors, suppliers and more go as smoothly as possible, with no hiccups to bog down day-to-day practices. However, our readers know that this isn’t always the case. The...
Six types of business plans
Entrepreneurs of the Detroit metro area as well as other parts of Michigan may want to know more about the different business plans available to them. Business plans set the stage for growth and success and are often important in attracting investment capital. The...
How to prove churning
Investors understand that they may lose a lot of money in the process, but what they do not expect is for their broker to be the cause of that financial loss. In Detroit, beginning legal proceedings against your broker is possible if there are grounds for you to do...
Are there tax issues that high-net-worth estates must address?
Wealthy individuals might maintain an estate that is worth a considerable amount of money, and the tax concerns associated with great wealth do not go away with someone's passing. Heirs and beneficiaries may be dealing with significant tax burdens when the time comes...
How to know when it is time to update and estate plan
This blog has discussed the importance of having a comprehensive estate plan and knowing what to include in it. Also important is knowing when it is time to update an estate plan. When the estate planner’s assets or liabilities change Because one of the primary...
Thinking about the basics of a comprehensive estate plan
Millions of Americans don’t have any estate planning documents in place, even though most probably know that they should take care of this important task. Unfortunately, one of the primary reasons people avoid the task of estate planning is most likely that they think...
Employer Mandated COVID Vaccines are Likely Permissible with Some Exceptions
As the first COVID-19 vaccines roll out, employers in various industries may be considering mandatory vaccines for their employees. Are these permissible under the law? The answer is likely "yes" but as with most legal questions, it requires much more discussion and...
