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Exit planning is a process for business owners considering a sale or a succession plan for their business. An exit planner specializes in helping business owners develop and implement a strategic plan to exit their business seamlessly. The succession plan typically...
Passed at the end of 2022, the Secure Act 2.0 made dozens of changes intended to improve retirement outcomes for Americans. These included changes to the required beginning date for required minimum distributions, the increase of catch-up contributions, and automatic...
Employers and lawyers spend a lot of time focusing on state and federal employment laws. Still, we often forget that counties and municipalities also have employment laws that may impose different or additional business requirements. This is true in all states and is...
Getting Started The owner(s) of a business eventually discuss with their family, key advisors, or others they trust and respect that it may be time to sell It. The average owner will not know what their business is worth, so a starting point is often getting a...
Estate planning is an important consideration that everyone could benefit from. For those with an existing estate plan, it should be revisited every several years or sooner if there is a significant life event such as a death, divorce, or marriage in the family, to...
Overview. The Federal Trade Commission has issued its long-anticipated Rule banning non-compete agreements. The Rule prohibits all non-compete agreements except agreements with Senior Executives, as defined below, entered into before the effective date of the Rule....
Probate avoidance is one of the most common topics an estate planning attorney addresses. Probate is the court-supervised process through which a deceased person’s assets are administered and distributed to their heirs or beneficiaries. It often involves an...
Employers should be wary about terminating an employee's health insurance while an employee is on leave attempting to recover from a serious injury that occurred while working at the 'employer's facility, especially if the employee is a minority owner of the company....
In today's digital age, numerous U.S. states and countries worldwide are enacting privacy laws emphasizing the importance of obtaining consent from website visitors or providing clear notice before collecting personal information. Due to the global reach of businesses...
By Cavitch Employment Attorneys: Madilyn M. Maruna, Max E. Dehn, and Doug DiPalma Special Contribution By: Ed Bammerlin, Drug Recognition Expert, Olmsted Township Police Department When Ohioans voted to legalize recreational marijuana, we began to receive questions...