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November 2018

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General Motors is currently offering buyouts to 18,000 salaried employees who have 12 or more years of experience. Employee buyout packages can come in the form of a one-time lump sum payment, which without proper planning, can have tax and estate implications. If you decide to take the buyout, there are a few things to consider. Where is the money going to be deposited? If you deposited the money into a bank account and were to pass away without designating beneficiaries, then...

It is fall in Michigan (even though it certainly looks and feels like winter), and now is the time to prepare for a productive new year. For small business owners, you should be considering ways to improve your operations in 2019. One way is to review your business documents. This is important for a small business owner, because dealing with legal issues before they become problems reduces costs and increases your chances of a successful outcome. When was the last time...

Ferri Law PLLC