Filial Responsibility Laws?
Can the adult children of deceased parents be required to pay off their debts? Legal experts explain that confusion around this issue is widespread. Here’s why, along with information and guidance for families working…
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Expansion: The Soo Locks System
Supply chain challenges have underscored the importance of infrastructure builds aimed at supporting a smooth flow. Take, for example, the much needed expansion of the Soo Locks system in Michigan. Chances are good that the…
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Restoration: The Everglades
Topping the list of civil works projects the U.S. Army Corps of Engineers (USACE) will execute this year, is a $1.1 billion effort to restore and protect South Florida’s ecosystem. In 2022, the USACE…
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Warning Signs: Contribution Fraud?
Though not a widespread issue, employers who delay or fail to make the appropriate contributions to the retirement plan are a concern for all. Accordingly, the U.S. Department of Labor has issued a list…
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Who Decides?
Who approves beneficiary designation forms? Enrollment materials? What about adjustments to employer’s discretionary contribution? Ever notice how many “routine decisions” are being made for the 401k plan? How confident are you that all decisions…
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Executor Duties: Debts Before Distributions
Typically, executing a will is associated with distributing the assets of the deceased to beneficiaries in accordance with the terms of the will. Although this is one of the important functions of the executor, assets…
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Leave These Assets Out: Trusts
Establishing a revocable living trust helps you plan for your own needs as you age or decline in capacity, and arrange for the transfer of assets to the beneficiaries named in your trust agreement….
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Upcoming Deadlines for Plan Sponsors
Due dates are fast approaching. Here is a helpful snapshot to make sure you are in compliance and avoid penalties. Get the scoop on efficient, effective and affordable cyber and fiduciary liability protection designed especially…
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Failure to Act?
Yes, the failure of retirement plan fiduciaries to act can result in an Employee Retirement Income Security Act (ERISA) fiduciary breach lawsuit. For example, a class action lawsuit could accuse fiduciaries of failing to…
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