Business Law Update: Governor Whitmer Signs Executive Order to Reopen Construction and Real Estate Industries on May 7th
Governor Gretchen Whitmer signed an Executive Order on Friday, May 1st allowing the construction and real estate industries to go back to work starting at 12:01 am on Thursday, May 7th. Allowed activities include: Construction industry, including contractors such as plumbers, electricians, HVAC technicians and similar workers. Real estate industry, including agents, appraisers, brokers, inspectors,
Small Business Exclusion under the Families First Coronavirus Response Act
The Families First Coronavirus Response Act, which among other things will provide mandatory emergency FMLA leave and sick leave, is effective April 1, 2020 and ends December 31, 2020. Employers must post a notice about leave entitlements in a conspicuous location at their business. If you require a copy of the notice, please contact Shinners
Employment Law Update: Impact of New Federal Families First Coronavirus Response Act
On March 18th the Senate passed, and the President signed, the Families First Coronavirus Response Act, which among other things will provide paid family and sick leave to individuals in the U.S. affected by the COVID-19 coronavirus. The new law has a significant future impact on businesses with fewer than 500 employees. The law is
Secure Act
It’s called the Secure Act, and what you don’t know about it could end up costing thousands. The Secure Act was signed into law on December 20, 2019, and it means big changes for your pre-tax retirement accounts. Prior to the Act, those inheriting traditional IRAs could take advantage of stretching the IRA required minimum
Buy-Sell Agreements: A Must for Every Business
Two friends have a great idea and decide to go into business together. The now-business-partners focus on finding capital to make the idea work, looking for a place to do business, and registering the company. The partners have many decisions to make and have no time to consider what will happen when the company ends,
Property Tax Daze
It’s the new year, meaning property tax season is in full swing. If you are a property owner in the State of Michigan, you should have received a Winter Property Tax bill from your local taxing authority. Winter Tax bills are generally mailed on December 1st of each year and are due by February 14th
Ringing in the New Year
Now that we have adjusted from writing “2019” and started writing “2020,” there is one more thing you should try and remember. Many agencies have issued warnings saying you should write out “2020” when signing and dating documents. The reasoning behind these warnings is to avoid fraud and scams. When using “20” as an abbreviation
The Green Rush
It’s being called the Green Rush for several reasons, but the one that should matter most to you is the amount of money that can potentially be made in Michigan’s Marijuana Industry. When voters decided to amend Michigan’s Constitution to allow for recreational marijuana, they opened the doors to a number of business opportunities for
Probate of an Estate
There are circumstances and occasions where probate either cannot be avoided or should not be avoided. The period of time after the loss of a loved one is difficult and the added pressures and responsibilities of making legal decisions do not help. Clients take comfort on relying on the expertise that Shinners & Cook offers
Don’t Forget About the Fine Print
As a small, medium, or even large business, you likely encounter contracts on a daily basis. Contracts include the agreed-to price, time for delivery or for service to be complete, and all other hard-fought negotiation terms. Yet, every contract is also likely to contain numerous fine print “terms and conditions.” While money may be made