Commercial Transaction Newsletter – March 2016 Issue

April 4th, 2016   •   Comments Off on Commercial Transaction Newsletter – March 2016 Issue   

WHAT DOES IT MEAN FOR CONSENT NOT TO BE UNREASONABLY WITHHELD OR DELAYED FOR AN ASSIGNMENT OF A LEASE?   Many leases have a provision that prohibit assignment of the lease by the Tenant without the consent of the Landlord, but that the Landlord’s consent would “not be unreasonably withheld or delayed.”  What constitutes unreasonably withholding… Read More

Estate Planning Newsletter – March 2016 Issue

April 4th, 2016   •   Comments Off on Estate Planning Newsletter – March 2016 Issue   

COURT OF APPEALS ESTABLISHES STANDARD FOR EXECUTOR’S FEES   In the Estate of Marie Anderson Young, the Court of Appeals set forth the procedures, guidelines, and standards a Probate Court should use in establishing Executor’s fees.  In the Young Estate, the value of the assets were relatively small.  The Bureau of TennCare filed a claim… Read More

Estate Planning Newsletter – February 2016

April 1st, 2016   •   Comments Off on Estate Planning Newsletter – February 2016   

GIFT TAX RETURNS REQUIRE ADEQUATE DISCLOSURES OF THE GIFTS OR THE THREE YEAR STATUTE OF LIMITATIONS FOR THE IRS TO AUDIT THE RETURN NEVER BEGINS   Recently, the IRS issued a Legal Advice regarding the requirements for adequate disclosure on a Gift Tax Return.  For individuals in 2015 who made gifts in excess of $14,000.00… Read More

EMPLOYMENT LAW ALERT – Spring 2016 Issue

March 30th, 2016   •   Comments Off on EMPLOYMENT LAW ALERT – Spring 2016 Issue   

RETALIATION CLAIMS:  PROPOSED NEW EEOC GUIDANCE   The EEOC has proposed updated guidance about what may indicate retaliation against an employee.  After a period for public comment this spring, the EEOC will consider revisions to the proposed guidance and then issue a final draft.  The new guidance proposal comes in the wake of an upward… Read More

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