Executor, Guardian, Conservator?
These are three different and important fiduciary roles. During estate planning, families will make the appropriate designations depending on their circumstances–and sometimes, all three might ultimately be needed. Read on to understand more about…
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2023: So Far, So Good?
For contractors, the answer likely lies in whether or not you are getting in on publicly funded work related to manufacturing and infrastructure. In contrast to strong gains in these sectors, work in the…
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What Did You Say? Change Order Disputes!
Disputes are bad for business–obviously. Nonetheless, sometimes avoiding them is easier said than done in the contracting business. Insiders share tips on preventing shifting plans from spiraling into costly and disruptive disputes. Stop…
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Prediction: More Cybersecurity Lawsuits
For plan sponsors, increased cyber threats to the retirement accounts of plan participants bring a rising risk of allegations of fiduciary breaches. Experts stress that to prevent “catastrophic results,” plan sponsors need to monitor…
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Missing Participants? Document The Search
Regulators at both the IRS and the DOL have been urging increased effort to address the challenge of missing participants and distribute benefits on schedule. Experts remind plan sponsors that diligent action is insufficient:…
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Residuary Estate?
After the expenses of an estate are paid, and the assets specified in wills and trusts distributed, what remains unaccounted for is referred to as the residuary estate. Books, furniture, jewelry, and other household…
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Ready or Not…
Unlike those running and hiding games we play in our youth, illness, capacity declines and death are real. Rather than avoiding them, estate planning is best–for the good of our own selves and everyone…
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Mini Excavators: Rent or Buy?
Size, versatility and endless attachment options make mini excavators a go to for many contractors. Nonetheless, the “rent or buy” decision making can be head scratching. Business plans, emergent opportunities, the lure of shiny…
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Roller Coaster Ride: Material Costs
Though the pandemic related disruptions and associated rising costs of materials peaked in 2022, analysts recommend contractors “keep their seatbelts fastened,” as demand is likely to make estimating material costs feel like a roller…
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