Loyalty and Prudence Vs Forfeitures?
Legal contests continue, as long accepted 401k practices related to the handling of plan forfeitures come under courtroom scrutiny. Yet another in the wave of ERISA “forfeiture lawsuits” against retirement plans, which began popping up…
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Bid Less, Win More?
Not getting the job unless you submit a bid so low that you’re not sure how you’ll actually do the work? It’s probably time to shift out of the low-bid procurement grind. Pros say it…
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Cash Flow: Take Me To The River?
Flooded with cash? That’s one kind of flood construction business owners welcome, right? Staying on top of cash flow is always essential, but navigating opportunities, shifting demand, material costs, labor challenges, and inflationary pressures make…
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ERISA Litigation: So What, Now What?
Copying and pasting meeting minutes. Vague investment policies. Lack of prudent process around plan fees. Unclear protocols regarding the use of forfeited funds. These are all examples of sloppy retirement plan management practices that ERISA…
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Wondering What’s Next?
Market volatility? New investment possibilities? Guaranteed lifetime income options? Policy changes? Regulation? De-regulation? Confusion and uneasiness trigger fears for retirement savers, and plan sponsors too. Fear can propel hasty decisions, like halting contributions, panic-selling, or…
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Upskilling: The Race Is on
With the construction industry racing to successfully use technology to make work faster, more efficient and safer, it’s becoming evident that upskilling workers is key. In fact, business experts are pointing out that failing to…
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Hello There! Community Connections?
Even as the construction industry leans in to better leverage technology, human skills still count. In fact, successful builders find that abilities like listening, building rapport, story telling, and creating community connections are becoming more…
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Probate Proceeding In New York?
In New York State, the affairs of the deceased are settled through probate proceedings which take place in the county Surrogate’s Court. When a will has been made, it is “probated,” through the Surrogate’s Court….
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Asset Conflicts? Probate Litigation!
Even though we all know we should organize our affairs, put estate plans in place, and communicate our intentions and plans to loved ones, most of us avoid these difficult to-do list items. As a…
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