The Small Business Administration’s (SBA) Paycheck Protection Program (PPP) Second Draw Loan program closes on May 31, 2021 and interested business owners hit hard by the pandemic owners should consider applying for assistance. The program was orig…
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A business owner’s biggest investment is often his or her employees. Not only does an employer invest time in an employee through training, salary, and benefits, he or she also invests a level of trust in the worker. To protect the business, an emp…
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The U.S. Department of Labor’s Occupational Safety and Health Administration has launched a national emphasis program (NEP) focusing enforcement efforts on companies that put the largest number of workers at risk of contracting COVID-19. The pr…
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Divorce is a tedious, emotional, and complex legal process. As a result, many couples tend to proceed with caution before filing a divorce petition. In some states, couples opt for a legal separation instead of a divorce. A legal separation is a proc…
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Usually when a loved one passes away, the terms of the will are carried out smoothly through official administrative and court procedures in Michigan. Unfortunately there are times when the terms of the will or the circumstances surrounding its execu…
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Creating a trust can be important for people who are putting together their estate plan. Trusts can help you avoid the probate process, while also securing your assets and property for your beneficiaries. What you need to know before you create a tru…
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In Michigan, a person jointly owns property in one of four ways: Tenants in Common, Joint Tenants, Joint Tenants with Full Rights of Survivorship, and Tenants by the Entireties. Tenants in Common Two or more individuals who are not married and are no…
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Many small businesses rely on one or two important individuals to maintain daily operations and, in some instances, keep the business afloat. What would happen if this key person should become ill or pass away? Keyman insurance is an option to consid…
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Business owners thinking about buying or selling a business while holding onto an outstanding PPP (Paycheck Protection Program) loan should take note of a new Small Business Administration (SBA) Procedural Notice regarding “change of ownership.”…
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After a year of dealing with COVID-19 and the resulting restrictions, many people are ready to travel, according to media reports. Although the Centers for Disease Control (CDC) advises against travel, the airline and other travel-related industries…
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