Employment Law Alert – Spring 2018

June 14th, 2018   •   Comments Off on Employment Law Alert – Spring 2018   

The End of the Obama DOL’s Overtime Rules? As employers well remember, in March 2015 then-President Obama directed the Department of Labor to update and modernize the Fair Labor Standard Act’s overtime regulations. On May 18, 2016, the Obama DOL released its final rule with an effective date of December 1, 2016. Perhaps the most… Read More

Estate Planning Newsletter – December 2017

December 27th, 2017   •   Comments Off on Estate Planning Newsletter – December 2017   

BE SURE TO TAKE CARE OF YOUR FINANCIAL AFFAIRS AFTER A DIVORCE   In the case of Manning v. Manning, the Court of Appeals dealt with the issue of the beneficiary of the deceased ex-husband’s retirement account when he failed to change the beneficiary after a divorce.  In the Manning case, Mr. and Mrs. Manning… Read More

Estate Planning Newsletter – November 2017

December 27th, 2017   •   Comments Off on Estate Planning Newsletter – November 2017   

SHOULD PARENTS SET UP TRUSTS IN THEIR WILLS FOR ADULT CHILDREN?   With the Tennessee Inheritance Tax repealed, and the Federal Estate Tax having an exemption of approximately $5,500,000.00 and allowing a husband and wife to add their exemptions together, the use of trusts in estate planning (that were so prevalent a decade ago for… Read More

Business Transaction Newsletter – November of 2017

December 27th, 2017   •   Comments Off on Business Transaction Newsletter – November of 2017   

COURSE OF DEALING CAN CHANGE CONTRACT TERMS   In the case of Bull Market vs. Elrafei, the Court held that the terms of a promissory note were modified through course of conduct by the parties when the payee on the note accepted a pattern of late payments.  In the Bull Market case, Bull Market sold… Read More

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