business news articles

What is an Irrevocable Trust?

A trust is an estate planning tool that allows a person to control their assets during their lifetime and make provisions for incapacity and death. Many trusts are revocable, however, irrevocable trusts can be an incredibly useful way to plan for your future.

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One thing you should know about irrevocable trusts is that, unlike revocable or living trusts, irrevocable trusts cannot be changed or amended. They are set in

The Dangers of the EHR

The Dangers of the EHR

Electronic Health Records can be an incredibly helpful tool. However, they are not without fault. A recent warning highlights that electronic health records (EHRs) are a top target of cybercriminals. They can also lead to inappropriate billing if they are not set up correctly.

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The Health Sector Cybersecurity Coordination Center (HC3) issued a warning to healthcare entities regarding EHR vulnerabilities and protections.

Protected health information (PHI) continues to hold its …

New Baby? Time to Update Your Estate Plan

We often have clients ask us when the best time to do their estate plan is and the answer is usually, right now! This is especially true for people turning 18 years old, people who don’t have a plan, and people who have had recent life changes.

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One event that should trigger you to meet with an estate planning attorney is a new baby. When you are expanding your family,

Hundreds of thousands are without power as tornado-spawning storms batter the Southeast and Ohio Valley

Severe tornado-spawning storms battered the Southeast and Ohio Valley, knocking out power to more than 615,000 homes and businesses across multiple states.


Stormy sky and rain. apocalypse like(Getty Images/iStockphoto/Evgeny555)

(CNN) — Severe tornado-spawning storms battered the Southeast and Ohio Valley, knocking out power to more than 615,000 homes and businesses across multiple states.

A possible twister damaged dozens of homes in Bargersville, Indiana, on Sunday as thunderstorms moved through the state, threatening hail and damaging winds. As they shifted through the rubble, Bargersville residents were warned to prepare to be without power for

Estate Planning: 5 Things to Consider

If you are preparing to draft your estate plan with your estate planning attorney, there are a variety of issues that you will need to think about before your documents can be finalized.

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Prior to drafting your estate plan, we recommend that you give some thought to the following items:

  1. How do you want your money and assets handled if you die? Do you want any restrictions? If you are

Fast Retailing, Trading Houses Lift Japan’s Nikkei to 33-Year High

TOKYO (Reuters) – Japan’s Nikkei index extended its climb to a near 33-year high on Tuesday, with trading houses and Uniqlo operator Fast Retailing leading the gains on technical support for heavyweight shares ahead of the fixing of special quotation prices.

The Nikkei recovered from early losses to close nearly 1% higher at 32,506.78. The index ended at its highest level since July 1990.

The broader Topix rose 0.74% to 2,236.28.

Ahead of the June 9 setting of special quotation prices used to set values ​​on index options and futures, “stocks with a large contribution to the index were speculatively

How Do I Get Out of My Non-Compete?

How Do I Get Out of My Non-Compete?

In healthcare, there has been a large expansion in non-compete clauses. Many of our clients would like to find a way out of their non-compete clause when looking to leave their current employment.

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The first way to avoid breaching a non-compete clause is to have your attorney negotiate a contract without a non-compete clause before beginning your employment.

Sometimes, non-compete clauses are unavoidable. So what can you do in that

Lyft gears up to make ‘significant’ layoffs under new CEO – Business News

Lyft is preparing to lay off hundreds of employees just days after new CEO David Risher began steering the ride-hailing service with an eye toward driving down costs to help bring its fares more in line with its biggest rival, Uber.

Risher, a former Amazon executive, informed Lyft’s workforce of more than 4,000 employees in an email posted online Friday that a “significant” number of them would lose their jobs. It came