Rhode Island – November 20, 2019 – Pannone Lopes Devereaux & O’Gara LLC (PLDO) Partner Gene M. Carlino, a prominent estate and trust attorney, authored a comprehensive review of a bill pending in the U.S. Senate entitled, “Setting Every Community up for Retirement...
PLDO Law Blog
Month: November 2019

General Assembly Eliminates “Open and Obvious” As Complete Defense To Personal Injury Claims
In legislation approved by the Governor on July 15, 2019, the General Assembly amended section 9-20-4 of the General Laws (the Comparative Negligence statute) such that the open and obvious defense to personal injury claims can no longer act as a complete bar to...
PLDO Partner Brian J. Lamoureux to be a Featured Speaker on “Data Security In the Digital Age” at RI Workers’ Compensation Educational Conference
Rhode Island – November 4, 2019 – Pannone Lopes Devereaux & O’Gara LLC (PLDO) Partner Brian J. Lamoureux, a prominent business and employment lawyer and leading voice on social and digital media law, will be a featured speaker at the 2019 Rhode Island Workers'...
Pannone Lopes Devereaux & O’Gara Named a 2020 “Best Law Firm” by U.S. News – Best Lawyers®
Rhode Island – November 1, 2019 – Pannone Lopes Devereaux & O’Gara LLC (PLDO) announced today that it has been named to the 2020 “Best Law Firms” in America list by U.S. News & World Report and Best Lawyers® for 14 practice areas in Rhode Island and Boston,...
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...
HASTE MAKES WASTE . . . CASH THE CHECK.
One never knows what corner the grim reaper lies behind. A final illness can often accelerate quickly and deprive a donor of adequate time to complete gifts for tax purposes that he intended to make. In a recent federal court case, the Third Circuit Court of Appeals...
ATTENTION SNOWBIRDS: DO YOU PASS THE DOMICILE TEST?
“A person doesn't know how much he has to be thankful for until he has to pay taxes on it.” This anonymous quote is timely. It is rumored that the Rhode Island Division of Taxation (“the Division”) is reviewing its procedures for determining whether a Rhode Islander...
HOW CLOSELY HELD BUSINESSES CAN PREVENT MANAGEMENT DEADLOCKS
Differences in opinion on how to achieve a stated goal in a closely held business can lead to disputes that block the enterprise from moving forward. Closely held businesses are characterized by a limited number of shareholders and a lack of public trading. The...
WHY ESTATE PLANNING FOR BUSINESSES IS CRITICAL (NOT OPTIONAL)
Owning your own business can be extremely demanding. From your customers to your employees, there’s hardly enough time in the day. While most entrepreneurs are consumed by the day-to-day challenges of running their businesses, they often neglect the critical task of...