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Yearly Archives: 2015

The Gift that Keeps on Giving

By MendenFreiman LLP |

As the holidays approach, many families look forward to the opportunity for multiple generations to come together to share a meal and celebrate the season. This is a time to take a break from the everyday routines of school and work, to share old memories and create new ones. Many people make plans to… Read More »

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Trademarks as Valuable Business Assets

By MendenFreiman LLP |

Imagine a landowner finding gold on his land and then spending significant resources to build a mining operation, only to later discover that someone else owns the mineral rights to the land. Such a discovery would not only greatly reduce the value of the land to the owner, but it would also mean the… Read More »

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National Estate Planning Awareness Week: Are You a Business Owner?

By MendenFreiman LLP |

In 2008, Congress passed House Resolution 1499 which designated the third week in October as National Estate Planning Awareness Week. Now, before we go any further, let us assure you that even though you may instantly feel a yawn coming on when the topic of “Estate Planning” is brought up, this is not the… Read More »

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Do Not Overlook These Legal Checkpoints When Making a Business Investment

By MendenFreiman LLP |

If you are considering buying or investing in a business, you may already have talked to an accountant, business broker and a banker. A lawyer also should be on your list of advisers. Lawyers are trained to see the big picture and how all the moving parts of a deal touch each other. They… Read More »

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DOL Puts Businesses on Notice Regarding Independent Contractors

By MendenFreiman LLP |

In 2011, the Obama Administration began an initiative to rein in the use of independent contractors. On July 16, 2015, the Administrator of the Department of Labor’s Wage and Hour Division, issued Administrator’s Interpretation No. 2015-1 (AI), to give additional guidance regarding the application of the standards for who is an “employee” under the… Read More »

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Estate Planning for College Students

By MendenFreiman LLP |

As back to school preparation gears up, we encourage individuals who have college-bound children to think about estate planning for their young adults. While estate planning for this age group is often overlooked, having certain medical and financial documentation in place is critical. Once children reach the age of majority (which is 18 in… Read More »

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National my Social Security Week

By MendenFreiman LLP |

You may be unaware that July 19th through 25th marks the Social Security Administration’s second National my Social Security Week If you do not already have a free online account with SSA, you can sign up at www.socialsecurity.gov/myaccount. With your account, you can verify your earnings and get estimates of your future benefits to… Read More »

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Estate Planning for Same-Sex Couples After Obergefell v. Hodges

By MendenFreiman LLP |

On June 26, 2015 the United States Supreme Court issued its opinion in Obergefell v. Hodges, the name assigned to a series of consolidated cases on same-sex marriage rights. The Court ruled 5-4 in favor of the petitioners, holding that same-sex married couples are entitled to equal protection under the laws, and that their… Read More »

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A Lesson in Proper LLC Governance

By MendenFreiman LLP |

Limited Liability Companies are often touted as flexible and easy-to-establish business structures. This reputation makes LLCs an attractive option for many small business owners; however, flexibility does not necessarily translate to low maintenance. A recent 8th circuit U.S. Court of Appeals decision in Robl Construction, Inc. v. Homoly highlights the risks for LLCs when… Read More »

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Odds Are Your Family Business Will Not Pass to the Next Generation

By MendenFreiman LLP |

Plan Early to Protect It for Your Children and Grandchildren Remarkably, only 15% of family businesses pass to the next generation, and even fewer survive to the third (according to a global study conducted by U.S. Trust, Bank of America Private Wealth Management, Prince and Associates and Camden Research). What is even more disappointing… Read More »

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