Feb 04, 2019
One option for the transfer of vacation home real estate is the use of Limited Liability Companies (“LLCs”). LLCs are quickly becoming the preferred entity for vacation homes because membership interests in an LLC are easily transferrable outside of probate, and LLCs provide for flexible operating agreements that allow for the parties to define individual’s financial duties, access, and responsibilities for the property. Unlike joint ownership that leaves all of these issues up to the individual owners to figure out on their own, an LLC allows the parents or the first generation of owners to decide how the property should be managed.
Jan 23, 2019
A Revocable Living Trust is a legal document often used as an integral part of an estate plan. A Revocable Trust is a document (the “Trust Agreement”) created by a person to manage assets during their lifetime and distribute the remaining assets after their death. A Revocable Trust allows for the person creating the Trust Agreement to manage the Trust, to receive benefits from the Trust, and to change the terms of the trust or evoke it.
Jan 18, 2019
Earlier this week, Vermont State Officials announced the formation of Vermont’s First Affiliated Reinsurance Company (ARC) by MAPFRE RE, a large global reinsurance company based in Madrid, Spain. Primmer Piper Eggleston & Cramer (PPE&C) attorneys Ralphine O’Rourke and Jesse Crary are the advising counsel to MAPFRE RE.
Jan 09, 2019
We’ve prepared a pre-consultation checklist so that you can make the most of you and your attorney’s time.
Jan 03, 2019
The start of a new year can be a time of commitment to self-improvement, accomplish a personal goal or otherwise improve one's quality of life. For many, estate planning may not be at the top of their list of New Year’s resolutions, but it should be.
Jan 02, 2019
Vermont Bar Journal Winter 2018 President's Column, It Matters.
Dec 03, 2018
NH District Court case serves as reminder to employers that documenting hours worked is critical.
Oct 15, 2018
In one of the most important decisions in the renewable energy world, last week the VT Supreme Court upheld the long-standing doctrine that there no nuisance in solar development projects solely on the platform that someone does not like their neighbor’s property.
Oct 08, 2018
On September 14, 2018, The National Labor Relations Board (the Board) issued a proposed regulation to establish the standard for determining whether two “employers” are joint employers of a group of employees under the National Labor Relations Act. The Rule can be found on the Federal Register website.
Oct 01, 2018
The Vermont Department of Financial Regulation (DFR) now requires mortgage lenders to issue commitment letters in connection with all residential mortgage loans (Regulation B-2018-02, revising the content and timing requirements of residential mortgage loan commitment letters). The new requirements are effective October 1, 2018. Regulation B-2018-02 supersedes and replaces Regulation B-98-1.