On January 1, 2013, various changes go into effect for limited liability companies formed in Nebraska. Depending upon when you formed your limited liability company, this new law may significantly impact the legal relationships and risks of your company. While the new law includes numerous changes, the following is a list of certain key changes that you should be aware of:
1. Fiduciary Duties....Read More
BY MARY E. VANDENACK
Asset protection planning has become a standard part of an estate plan. There are a variety of techniques that can be used for asset protection planning. Among those techniques are a variety of different types of trusts. The best trust for your plan depends on your specific asset structure and goals.
Spendthrift trust. A spendthrift trust protects assets by placing control...Read More
What is telemedicine?
Telemedicine is the practice of using telecommunications technology to deliver enhanced medical care by allowing physicians to observe patients and patient data from different locations. There are currently a variety of telemedicine systems being used across the United States. These systems can encompass anything from a fax machine to sophisticated two-way audiovisual...Read More
Due to the presence of the Internet, patients unpleased with a visit to their physician now have the ability to go online with complaints and posting — often anonymously — critiques of physicians, in much the same way that a traveler can rate hotels on websites such as TripAdvisor.com.
In the past five years more than 40 Websites, such as RateMDs.com, Angie’s List, Yelp,...Read More
While an increasing number of physicians are interested in selling their practices to a hospital, it is important to remember that the sale of a practice takes extensive planning. Whether you are interested in selling your practice due to the challenges of maintaining a private practice, to capitalize on strategic opportunities, or for other reasons, you need to consider a number of issues....Read More
Medical malpractice claims costs the health care industry billions every year. The spiraling costs of defending against these claims and of acquiring malpractice insurance have left many health care providers feeling like they’re treading water in an ever-expanding ocean of attorneys’ fees and premium payments.
Besides throwing more and more money at insurance, are there steps health care...Read More
Tax Prior to the Health Care Act. Prior to the 2010 Health Care Act, wages were subject to FICA at the rate of 6.2% on the employer and 6.2% on the employee (although the employee rate was reduced to 4.2% in 2011 and 2012) up to a threshold amount of wages ($110,100 in 2012). The Medicare tax was imposed at the rate of 1.45% on both the employer and the employee with all wages being...Read More
A new “Fiduciary Rule” (“Rule”) took effect on June 9, 2017, related to investment advice provided with respect to employee benefit plans (“Plans”) subject to the Employee Retirement Income Security Act of 1974 (“ERISA”) and also to individual retirement accounts (“IRAs”).
If you are a sponsor of at least one Plan — and are, therefore, a “Plan Sponsor” – it is important to consider the...Read More
The Nebraska Court of Appeals recently upheld a trial court’s use of dual valuation dates for marital dissolution purposes. In Spady, an unpublished opinion, the court decided whether the trial court erred by not changing valuation dates in response to changing economic circumstances. Affirming the trial court’s opinion, the appellate court held that because the complaining party agreed to the...Read More
By Mary E. Vandenack
The legal principles related to marital property division demonstrate assumptions about the extent to which spouses are economic actors in the marital partnership. The trend of legal decisions relating to division of property in divorces is moving rapidly in the direction of recognizing that marriages are rarely long-term partnerships in the 21st century. Many...Read More