If you are like me, you are always seeking tips on how to overcome challenges. When accelerating progress in your business and professional life, though, you want to avoid reinventing the wheel. We all know that entrepreneurs have vision; however, what sets them apart...
PLDO Law Blog
Month: April 2018
Achieving Zero Tolerance of Sexual Harassment in the Workplace
Employers deal with complicated and difficult HR issues regularly. Although the allegations regarding Harvey Weinstein and the advent of the #MeToo movement have raised attention about the issue of sexual harassment, reporting is limited in providing practical...
BIG DATA – Approach with Mindful Caution
The digital footprint we leave behind when we post, purchase or shop online are like the bread crumbs of our daily lives and behaviors. This trail creates a profile of who we are, what we do, what we like or dislike and so much more. In this video, PLDO Partner Brian...
Insuring Accounts Receivable: A Quick Primer
What do you do when your largest customer goes bankrupt? Panic? Probably. But, once the immediate panic subsides, some smart business owners call their insurance company and put in a claim under their "accounts receivable insurance" policy. Accounts receivable and...
NON-COMPETE AGREEMENTS IN RHODE ISLAND REMAIN ENFORCEABLE (FOR NOW)
On June 26, 2024, Governor Dan McKee vetoed two bills (S2436 A and H8059 A) that were passed by the General Assembly in the late hours of its final day of the 2024 session. The bills were amendments to the Rhode Island Noncompetition Agreement Act that, if signed into...
ONE RISK YOU SHOULDN’T TAKE IS NOT HAVING THE RIGHT LIFE INSURANCE
If you never return from your sailing trip around the globe or reemerge from the deep ocean depths on the submarine destined for the Titanic, will your family receive the death benefit proceeds from your life insurance policy? That answer, as well as the answer to...
HOW TO BUY ULTRA-DANGEROUS ASSETS
It’s never a good idea to buy an asset, like a boat or plane, in your own name or to have multiple parties on the title. First of all, when your name is on the title, you are personally liable for any damage that the asset may cause. For example, you and Joe own a...
SO, YOU WANT TO WRESTLE AN ALLIGATOR?
Before base jumping into the miasma of risk, the first thing you should do is make sure your estate plan, in its current iteration, meets your needs and has adapted to any challenging or changing family situation. A well-rounded estate plan is literally more of a life...
HOW LIFE INSURANCE PROCEEDS COULD AFFECT A COMPANY’S VALUATION FOR ESTATE TAX PURPOSES
A recent case brought to light the impact that a stock-purchase agreement and life insurance proceeds may – or may not - have on the valuation of a closely held company for estate tax purposes. In this case that caused a split between the 8th and 11th Circuits, the...