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Showing 17–21 of 21 results
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Now’s the time to revisit your buy-sell agreement
August / September 2009
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 568
Abstract: This is a good time for owners of closely held businesses to review their buy-sell agreements, particularly their valuation provisions. The economic crisis has been tough on everyone, and many business owners have seen the value of their shares decline. If a buy-sell agreement’s terms don’t reflect current conditions, the interest may be priced too high. And this can result in higher estate taxes and hurt the business or its surviving owners. This article describes the benefits of a buy-sell agreement, but also warns against relying too casually on standard valuation formulas.
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Acting in good faith at question in FLSA case
July / August 2009
Newsletter: Employment Law Briefing
Price: $225.00, Subscriber Price: $157.50
Word count: 568
Abstract: A five-restaurant chain failed to pay overtime to employees whose weekly hours totaled more than 40 when working at more than one location. When the case went to court, the owners claimed they weren’t aware that they owed overtime pay. And so arose the case of Chao v. Barbeque Ventures LLC, in which the Eighth Circuit had to decide whether those owners had acted in good faith to meet the requirements of the Fair Labor Standards Act. Chao v. Barbeque Ventures, LLC, 547 F.3d 938 (8th Cir. 2008) Goldberg v. Kickapoo Prairie Broadcasting Co., 288 F.2d 778 (8th Cir. 1961)
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Can you hang your hat on interim financial statements – Navigating pitfalls to get the most from midyear
March / April 2008
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 568
Abstract: Financial statements present a company’s financial condition at one point in time. But when borrowers report only year end results, lenders are left in the dark until the next year. While interim reporting may provide some insight into borrowers’ ongoing performance, lenders who recognize both its pros and cons can most effectively minimize the risk of year end surprises.
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A charitable gift annuity can benefit you and a charity
February / March 2008
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 568
Abstract: There are several estate planning strategies to use to satisfy philanthropic goals while preserving some tax and financial benefits for the individual. One such strategy involves using a charitable gift annuity (CGA). This article examines how a CGA can benefit individuals and charities. (Updated: 4/27/12)
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What’s on the menu? Changes in Section 125 cafeteria plans
February / March 2008
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 568
Abstract: Section 125 plans, better known as cafeteria plans, offer employees an opportunity to participate in health insurance and other employer benefits on a pretax basis. Starting in January 2009, new regulations will apply to these types of plans. This article discusses the clarifications and changes to the law.