Brad Lambert We had a few months to assess the regulatory response to the SECURE Act enacted in 2019. So far, it looks like the Acts’ intended benefits for small businesses and their employees remain intact. Chief among those benefits are the following: 1. Small businesses can now more easily enroll workers in “safe harbor” retirement 401(k) …
The Michigan Patient Advocate Designation form is an essential component of any Estate Plan, large or small. This form serves two essential purposes: first, it enables a person to designate who will make the critical or end of life care decisions when he or she cannot. Most clients elect to appoint their spouse, a family …
Many House Sellers believe that an “as is” clause will protect them from all legal liability if the Buyers subsequently discovery any undisclosed defects or faults in the purchased House. This belief is not unfounded; the “as is” clause does indeed transfer the risk of loss from a House defect to the Buyer in many …
When contracting parties confront the possibility of a commercial dispute, one of the fundamental questions they face is whether to arbitrate that dispute. This question can be answered by the contract, or the parties can simply choose to arbitrate at any point after the dispute has arisen. There are several frequently cited PROS and CONS …
The Michigan legislature amended the Marketable Title Act to clear titles. In the process, they may have created more room for error. At the end of 2018, the Michigan Legislature amended the Marketable Title Act. The intent was to clarify the meaning of the phrase “subject to easements and restrictions of record”, which appears in …