Boca Raton, Florida – January 20, 2020 – Pannone Lopes Devereaux & O’Gara LLC (PLDO) Estate & Trust attorneys have been invited to join Bryant University’s Florida Alumni on Thursday, January 30, 2020 to present a panel discussion on “Essentials of Estate...
PLDO Law Blog
Month: January 2020
PLDO Partners Brian J. Lamoureux and Matthew C. Reeber to be Featured Speakers at an NBI Seminar on “Human Resource Law: The Ultimate Guide”
Rhode Island – January 15, 2020 – Pannone Lopes Devereaux & O’Gara LLC (PLDO) Partners Brian J. Lamoureux and Matthew C. Reeber will be featured speakers at a National Business Institute (NBI) two-day seminar on “Human Resource Law: The Ultimate Guide,” which is...
DOL Releases Two Final Rules on Overtime Pay Under The FLSA
Two new final rules have been released by the Department of Labor (“DOL”) which update the Fair Labor Standards Act (“FLSA”). These rules will impact how an employer calculates paying an employee overtime under the FLSA. 1. The DOL released a final rule on September...
Employees Texting In The Workplace: Some Practical Tips
Fake news. Fake videos. Deep fakes. We have all heard stories of people photoshopping or faking photos to make others look bad or create a scandal. However, an equally disturbing trend is emerging: fake text messages. There are numerous sites and apps available to...
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...
