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March Business Bytes

March Business Bytes

This month’s Business Bytes highlights buy-out insurance, liquidated damages, and using emojis. Buy-Out Insurance.  A common way to fund the buy-out of a business owner’s interest is life insurance, including split-dollar and keyman policies. A recent Supreme...
Facebook Evidence

Facebook Evidence

What was once a rarity is now common as courts are accepting pictures, posts, and other information from Facebook, LinkedIn, and other social media sites as evidence at trials, and it is not only defamatory or fraudulent statements posted on social media that are...
Protecting Intellectual Property

Protecting Intellectual Property

Intellectual property, from formulas and brand names to distinctive logos, are becoming a more valuable asset for many businesses. Their value can vanish or decrease if they are not protected from misappropriation, and the type of intellectual property usually...
February Business Bytes

February Business Bytes

This month’s Business Bytes highlights high net worth taxpayers, knowing when to sell your business, and how to avoid scams. High Net Worth Taxpayers.  The 2017 record high gift, estate, and generation skipping transfer tax exclusions will end on December 31,...
January Business Bytes

January Business Bytes

This month’s Business Bytes highlights sale representatives, like-kind exchanges, and aging trustees. Sales Representatives.  The right sales representative can be a substantial asset to your business. Once you find the right representative, you need to ensure...
Life Insurance Beneficiaries

Life Insurance Beneficiaries

The mistake of failing to properly designate the beneficiary on your life insurance policies can have substantial consequences after your death. Some of the mistakes to avoid include: Not naming a beneficiary; Not naming contingent beneficiaries; Not properly...
Residential Buyer’s Broker

Residential Buyer’s Broker

A recent court settlement disrupted the prior practice of residential real estate brokers automatically splitting the seller’s commission with the cooperating or buyer’s broker. As a result, residential real estate buyers need to negotiate a fee with the broker that...
December Business Bytes

December Business Bytes

This month’s Business Bytes highlights “Made in America” claims, policy limit settlements, and dog bite insurance. Made in America.  There have always been regulations on “Made in America” claims. The current political atmosphere highlights this...

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