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Huntington Business & Commercial Law Blog

IRAs and Estate Planning: Using IRAs to Reach Specific Goals

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Many factors affect how an Individual Retirement Account (IRA) fits into an estate plan. The rules for implementing a qualified IRA can be complicated, and while the tax consequences can be beneficial, they can also be serious if the account is not implemented correctly. In order to discover how to put IRAs and estate planning together, you will need to look broadly at your income, assets, and your retirement goals, and then work with a qualified estate planning attorney who knows your situation and your goals.

WV Right to Work Law Debate Extended Indefinitely

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The Supreme Court of Appeals of West Virginia (WV) has granted a motion to stay the February 2019 ruling of a Kanawha County judge that found portions of the WV right to work law unconstitutional. The court's order did not include an opinion on the matter but extends the stay indefinitely. Therefore, WV remains a right to work state pending further proceedings.

West Virginia Opportunity Zones: Investment Opportunities Benefiting the Mountain State

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One of the most innovative provisions of the Tax Cuts and Jobs Act (Public Law 115-97) is the creation of Qualified Opportunity Zones (Opportunity Zones or QOZ) and Qualified Opportunity Zone Funds (Opportunity Zone Funds or QOF) in all 50 states. Together, the Opportunity Zones and Opportunity Zone Funds function to encourage economic development and create jobs in distressed areas, both in rural and low-income urban communities. West Virginia Opportunity Zones and Opportunity Zone Funds provide tax advantages based on investment in the economic development of designated areas in the Mountain State.

International Estate Planning Issues Impact Families in the US and Abroad

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As we often read or hear on the news, our world is ever-shrinking, and more of us are becoming global citizens every day. One of the areas that this impacts is wealth transfer planning. International estate planning issues can be complex an involve laws in the US and abroad on international estate planning at various levels of government. An experienced international estate planning attorney can help you navigate these challenges and more.

Avoiding WV Employment Discrimination Extends Beyond #MeToo

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The #MeToo Movement has certainly grabbed its share of headlines, but sexual harassment is not the only form of workplace discrimination that employers must address. Being conscientious of all protected classes is critical to operating a workplace where employees are treated fairly and avoiding potential discrimination claims. There are a number of proactive steps that employers, large and small, can take to create positive, non-discriminatory work environments for all employees.

Considerations for Estate Planning for Immigrants

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Non-US citizens with property in the US face estate planning challenges not encountered by natural-born or naturalized citizens. But immigration status does not affect the importance and need for estate planning. Indeed, critical to estate planning for immigrants is obtaining sound guidance from an experienced estate planning professional.

A Skilled WV Mergers and Acquisitions Lawyer Closes the Deal

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Merger or acquisition? These terms are interchangeable in everyday discourse. However, they have distinct, different legal meanings. If you are involved in such a transaction--in West Virginia (WV) or elsewhere--it is crucial to know the difference. Your WV mergers and acquisitions lawyer should command a thorough knowledge of these legal distinctions and the nuances of each. The attorneys of Jenkins Fenstermaker, PLLC are experienced and trusted advisors who guide companies through the mergers and acquisitions (M&A) process.

Avoiding and Defending Failure to Hire Claims: What You Should Know

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Discrimination in the workplace can occur before a hire is even made. The laws barring workplace discrimination run the gamut of the employment process, including the pre-employment phase. Employers must be aware of what conduct is permissible and what conduct could be problematic in order to implement and follow appropriate hiring and recruiting practices. Preparation and knowledge are key in avoiding and defending failure to hire claims.

Where to Keep Estate Planning Documents: Do You Have a Love Drawer?

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Thinking about the aftermath of your own death is not a pleasant activity, but it can be an act of love. Having a will and estate plan that provide for the transfer of your assets upon your death is a critical part of end-of-life planning. However, deciding where to keep estate planning documents so they will be safe and easily accessible to your loved ones is yet another key step.

Effectively Manage Deliberate Intent Claims

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Employers in West Virginia (WV) face a variety of legal challenges, but those arising out of workplace injuries can be some of the most complex. An experienced WV deliberate intent defense lawyer can help businesses navigate the various laws and regulations that apply in these specific cases and improve the chances of successful resolution.
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