By: Thomas Law Group On: December 14, 2018 In: TLG News Comments: 0

Effective January 1, 2018 and as a part of the tax legislation signed by President Trump, the federal estate, gift, and generation-skipping transfer (“GST”) tax exemption amounts increased from $5,490,000 (2017) to $11,200,000 for individuals and from $10,980,000 (2017) to $22,400,000 for married couples. These exemption amounts are scheduled...

Read more
By: Thomas Law Group On: November 09, 2018 In: General Law Comments: 0

It is an unfortunate consequence of doing business that at some point in time a customer, patient, or client will have an outstanding balance with you or your company, and will include that outstanding balance in a Bankruptcy filing. If your customer, patient, or client includes an outstanding balance...

Read more
By: Thomas Law Group On: October 09, 2018 In: Health Care Professionals Comments: 0

Violations of the Heath Insurance and Portability and Affordability Act (“HIPAA”) may occur unknowingly for a practice owner. While most health care practices are now very accustomed to protecting the patient records and providing the required privacy notices to their patients, there are other actions that may be taken...

Read more
By: Thomas Law Group On: September 19, 2018 In: Domestic Relations Comments: 0

Many of our divorce clients have a misconception that assets held in their name only are not subject to division and that only assets held in both parties’ names are “on the table” to be divided in a divorce; when in fact the opposite is very much the case....

Read more
By: Thomas Law Group On: August 17, 2018 In: Business/Employment Comments: 0

Any business owner recognizes the importance of good staff hiring practices and the importance of good employees to the success of their business. What is often overlooked is the manner in which staff are hired and the use of formal offer letters and/or employment contracts. Formalizing the hire is...

Read more