By Lane V. Erickson, Attorney Everything runs smoother in a business when you are organized. This is especially true when your business is a corporation or an LLC. The reality is that most states require corporations and LLCs to keep certain types of records. Doing so is both a good…
Idaho Law Blog
4 FACTORS CONSIDERED IN CHILD SUPPORT
By Nathan R. Palmer The calculation used to determine the amount of child support to be paid by one parent to the other can seem somewhat mysterious. While there are nuances to every factor used in calculating child support, the factors listed below are typically used in every child support…
Should I talk to the other driver’s insurance?
By Rachel Miller Generally, no. If you are in a car accident, whether minor or severe, you can expect that the insurance company for the other driver will contact you. They will often be polite and professional and may even say that they just want to help you. They will…
Title Insurance Commitments
By: T.J. Budge Title insurance is a standard part of nearly all real estate transactions, yet relatively few buyers understand the purpose and limitations of the policy. Title insurance policies insure against defects in the title to the property they are buying. The insurance company researches the public real estate…
WHAT IS A QDRO?
By Nathan R. Palmer A Qualified Domestic Relations Order (a.k.a “QDRO”) is an order from a court requiring the division of certain qualified retirement plans as a result of divorce. Many Idaho divorces involve the process of dividing community property, which includes monies accumulated in retirement accounts during marriage. Most…
Should I sign an Assumption of Risk/Release of Liability Form?
By Rachel Miller Aaah. Fall. Autumn. Changing colors. Crisp air. Back to school. Fall sports – football, soccer, volleyball, cross-country. Is there anything not to love about the fall season? However, with back to school and fall sports often comes the obligatory Assumption of Risk/Release of Liability form that your…
3 Questions to Ask Yourself About Your Estate Plan
By Lane V. Erickson, Attorney Idaho Estate Planning is not a static business. What I mean by this is there are always changes occurring. Because life is full of changes it is important for every person who has an Idaho Estate Plan to review it from time to time to…
Why Having an Accurate Job Description Matters
By Lane V. Erickson, Attorney Regardless of whether your workforce in Idaho is 20 or 2,000, any organization that has employees will benefit from having well written, accurate job descriptions for its employees. Drafting effective and accurate job descriptions in an Idaho Employment Agreement eliminates unnecessary confusion. It also helps…
Attitude: The Key to Reinventing Yourself
By Fred J. Lewis I have been representing individuals involved in Idaho Worker’s Compensation claims for 29 years. Most of these injured workers have had career-ending injuries. They have to completely reinvent themselves. These career-ending injuries always result in losses. Idaho injured workers lose their friends at work. Idaho injured…
WHAT IS A SPECIAL NEEDS TRUST?
By Nathan R. Palmer Special needs trusts (a.k.a. “Supplemental Needs Trusts”) are important estate planning tools for individuals with loved ones with special needs. A properly drafted special needs trust can help preserve assets, including family assets and assets belonging to a special needs individual, for the entirety of the…