Why Estate Planning Is Especially Important For Nontraditional Families
I was reading an article in The Atlantic the other day, and it got me thinking about estate planning and why it’s so important – especially for non-traditional families.
DC Non-Compete Law Becomes Effective October 1, 2022
The Shifting Landscape of Employee and Wage Claims
Employers face the constant challenge of regulatory requirements, which keep changing. To further complicate matters, compliance with employment obligations to employees varies from the employer’s home state to other states where remote employees work. An employer’s compliance failure, regardless of whether it was inadvertent or minor, could provide an employee with an opportunity for an employee to hold their employer liable for statutory violations. Employers and their employees should understand the rules for overtime pay, who can be a salaried employee and rules for employee classification, and what happens if wages are not properly paid.
Creating Covenants That Help Plan the Development of Multi-Use/Multi-Owner Projects: Reciprocal Easement Agreements (“REAs”)
If you are the developer of a multi-use project or are planning to develop a large real estate project with multiple owners, a reciprocal easement agreement (“REAs”) may be an appropriate avenue for the coordination of the development and future maintenance of the project.
Beware of Treble Damages for Late Payment of Wages
Massachusetts, like Maryland and the District of Columbia (which has a liquidated damages provision requiring 4 times the wages due), has treble damages when wages are late. According to the Massachusetts statute, the terminated employee must be paid all wages due on the date of discharge, while an employee who resigns must be paid by the next regularly scheduled payroll after the last day of employment.
Hiding Assets In Cryptocurrency
When going through a divorce, identifying and locating your spouse’s assets can often be a complicated and challenging endeavor. With the rise in the popularity of cryptocurrency in recent years, this task has become even more complex. Cryptocurrency is a currency that is maintained digitally and without reliance on banks or other central authorities. The most well-known example of cryptocurrency is Bitcoin, however, a wide array of cryptocurrencies is currently in circulation.
Fannie Mae and Freddie Mac Make Key Changes Following The Tragic Surfside Condominium Collapse
In the early morning hours of June 24, 2021, the Champlain Towers South Condominium, a 12-story beachfront condominium in Surfside, Florida, collapsed as people watched in horror. Ninety-eight people died and dozens were injured. Soon afterward it was revealed that the condominium had structural problems that went unaddressed for several years. Its concrete and steel structural supports had severely weakened over time due to water intrusion and corrosion.