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Like It or Not: Everyone Without a Will Ends Up with an Estate Plan
This content has been archived. It may no longer be relevantFrom The Desk Of Herb Fineburg For those of you who have no estate plan, you may be surprised to know that your federal and state governments already have a plan for you and your family. First, for those with no plan, the United States government…
Law Matters- May 2016
Please check out this month’s Offit Kurman Law Matters newsletter coming to you from our new Offit Kurman Website. Offit Kurman has relaunched its website with improved features, capabilities, and legal service categories. The new offitkurman.com is not only quicker and easier to navigate, but its launch coincides with the introduction of two new practice groups:…
Compensation and Compliance Matters: CFPB Warns Against LO Comp Accidentally Leading to Elder Abuse
Over the last several months the Consumer Financial Protection Bureau has focused on financial abuse impacting older Americans. In March, the bureau issued a series of voluntary rules to assist institutions with identifying and responding to elder financial abuse. While many of these rules would not directly implicate the loan origination process, there is an…
Landlord Tenant Tips: Increasing Rent
Question from Landlord: I’m planning to increase rent for the units at my apartment complex. Can I increase rent, and if so are there any restrictions for doing so? Answer: Yes, you can increase rent following the completion of the lease term (ie. with a renewal lease) so long as you provide proper advance notice…
Friday Factoid: USPTO Refuses to Register Mark for Serial Podcast
In most cases, the USPTO will not register a mark on its Principal Register if it determines the mark is being used in a generic or descriptive manner. The USPTO recently refused to register SERIAL for the hit podcast of the same name, on the ground that the mark was merely descriptive. In some cases,…
The Weekly Scenario: Special Needs Trust in Different States
Question: I would like to set up a special needs trust for my grandchild who lives in Maryland. I live in Ohio currently, but may move to Maryland in the next few years. Who should I have prepare the trust, an Ohio or Maryland estates & trusts attorney? Answer: You should start with Ohio counsel, but since…
How The Department of Labor’s New Rule Expands The Scope Of Who Is A “Fiduciary” In The Realm Of Pension Investment Advisers
Last month, the U.S. Department of Labor, after six years of review, issued its final rule aimed at ensuring that financial advisers who give investment advice to pension plans and their participants act in their clients’ best interest. According to the White House Council of Economic Advisers, investment advisers’ conflicts of interest diminish the performance…
A Video Conversation with Adair Newhall, Managing Partner of Greenspring Associates- Part 1- On Their Strategic Focus
Funding innovation in the healthcare sector Adair Newhall is a Principal at Greenspring Associates. Founded in 2000, Greenspring is a leading global investment firm that today manages over $3.5 billion in capital commitments worldwide. Greenspring acts primarily as a fund of funds, backing a host of dynamic venture capital firms, including Greycroft Partners, Revolution, and…
Legal Considerations for Divorce Later in Life
Later-in-life divorce or “gray divorce” occurs more frequently today than ever before. Typically, these couples are over 50 and can be described as baby-boomers and empty-nesters. The concerns faced by these couples are quite different from those of their younger counterparts. Instead of dealing with child issues such as custody, access, child support, and college…
Managing the Risk of Consolidation of Health Care Providers and Insurers
Reprinted with permission. The RMA Journal, June 2016 (pgs 26 – 30). ECONOMIC ENVIRONMENT In an article published in 2012,[i] I discussed the uncertain future of traditional health care delivery and reimbursement models after passage of the Affordable Care Act (ACA)—legislation intended to expand the availability and use of health care in America. At…
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