There has been much ado lately about a newly-revealed joint venture between Ascension Medical Group and Google. Ascension is the nation’s largest non-profit health care system; Ascension Medical Group is the company’s subsidiary physician group, with facilities in...
PLDO Law Blog
Month: December 2019
Rhode Island Supreme Court Dismisses Tenant Appeal
In a recent Rhode Island Supreme Court decision, the Court summarily dismissed a residential tenant’s appeal due to the tenant’s failure to continue to pay rent during the pendency of the appeal. This requirement, which is set forth in section 34-18-52 of the Rhode...
PLDO Partner Brian J. Lamoureux to be a Panelist at Cybersecurity Summit & Expo 2020: Impact the Outcome of Your Cyber Risk
Rhode Island – December 30, 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 panelist at the Cybersecurity Summit & Expo 2020:...
Why Trusts Are The Favored Option For Your Four-Legged Friends
Pets are as loved as any other member of a family these days. Although our pets can’t inherit money, you can protect them if they outlive you. There are two main considerations when planning for your pets in the event of your death or incapacity: placement and...
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...
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...