Blog Posts from Burlington VT

Association Health Plans & Captives: New Regulations, New Opportunities

Association Health Plans & Captives: New Regulations, New Opportunities

Jul 18, 2019
Attorney and shareholder Jesse Crary is scheduled to co-host an informational session at the 2019 Vermont Captive Insurance Association Conference (VCIA) with Karin J. Landry of Spring Consulting Group, LLC.
Vermont Estate Tax Update

Vermont Estate Tax Update

Jun 27, 2019
Vermont Department of Taxes imposes an estate tax on the transfer of Vermont estates of decedents dying while a resident of Vermont. Currently, Vermont law provides for a $2,750,000 exemption from an estate tax.
Congratulations! Your Child Just Turned 18...

Congratulations! Your Child Just Turned 18...

Jun 05, 2019
Congratulations! Your child just turned 18, they are an "adult" now, or at least in the eyes of the law. Don't let them leave the nest without asking them to sign two critical estate planning documents.
Captive Insurers’ Court Losses May End Tax Planning Method

Captive Insurers’ Court Losses May End Tax Planning Method

May 06, 2019
Internal Revenue Service enforcement actions against in-house insurers that elect not to pay tax on premiums.
Practical Law State Q&A: Vermont Right of Publicity Laws

Practical Law State Q&A: Vermont Right of Publicity Laws

Apr 30, 2019
This week, attorneys Douglas (Doug) Wolinsky and Ryan Long published the Practical Law State Q&A: Right of Publicity Laws.
News from the Vermont State House: Captive Legislation Moves Forward

News from the Vermont State House: Captive Legislation Moves Forward

Apr 25, 2019
Blessedly far from any political posturing, legislation updating Vermont’s captive insurance laws was readily passed by both houses and just signed into law on April 18. The bill was the latest in what has become an annual “housekeeping” exercise in the Legislature to add new initiatives or simply make some technical amendments that clarify or implement the law.
Microsoft: What it means for captives

Microsoft: What it means for captives

Apr 25, 2019
By now, most in the captive insurance industry know about the Cease and Desist Order issued last year by the elected Washington Insurance Commissioner (the “Commissioner”) to Cypress, Microsoft’s Arizona-domiciled captive. The Commissioner ordered Cypress to stop transacting insurance and to pay Washington tax on its premiums, as well as interest and penalties. The dispute settled for $876,820, and Cypress issues its policies through a surplus lines broker.
Attorney Gary Karnedy Receives ILR Certificate from Cornell University

Attorney Gary Karnedy Receives ILR Certificate from Cornell University

Apr 16, 2019
Congratulations to Gary Karnedy, Esq. for successfully earning the Cornell University's School of Industrial and Labor Relations (IRL) Certificate in Labor Relations - Advanced Collective Bargaining Studies.
Gary L. Franklin, Esq.

President's Column | Behold the Future

Mar 28, 2019
Vermont Bar Journal Spring 2019 President's Column, Behold the Future
Mayor Weinberger Announces Closing of Burlington Telecom Transaction

Mayor Weinberger Announces Closing of Burlington Telecom Transaction

Mar 14, 2019
Mayor Miro Weinberger announced the closing of Burlington Telecom transfer to Champlain Broadband, LLC effective March 12, 2019.