2020
Showing 193–208 of 589 results
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Breathe new life into a “broken” trust by decanting it
August / September 2020
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 587
Abstract: Building flexibility into one’s estate plan using various strategies is generally advised. The reason is that life circumstances change over time, specifically changing tax laws and family circumstances. This is especially true during the COVID-19 pandemic. One such strategy to consider is decanting a trust. This article explains what it means to “decant” a trust.
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The CARES Act creates charitable tax incentives
August / September 2020
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 643
Abstract: Many individuals incorporate charitable giving into their estate plans, providing assistance to their favorite charities while preserving sufficient assets for their heirs. Typically, the charitable donations are structured to maximize the tax benefits on the books. The Coronavirus Aid, Relief and Economic Security (CARES) Act increases those tax incentives. This article details how taxpayers can realize tax savings from charitable donations under the CARES Act.
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The CARES Act – Recent tax law changes may affect your estate plan
August / September 2020
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 953
Abstract: The Coronavirus Aid, Relief and Economic Security (CARES) Act is designed to provide tax relief to individuals and businesses struggling to make ends meet due to the COVID-19 pandemic. But this law may also have a long-reaching impact on one’s estate plan. This article explains several provisions of the CARES Act that may affect participants in qualified retirement plans. A brief sidebar details the options for those who take early required minimum distributions.
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News for Nonprofits – Redirecting donations alienates donors
August / September 2020
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 420
Abstract: This issue’s “News for Nonprofits” spotlights how donors are irked when their donations are directed to nonprofit projects different from what they’d intended. Also highlighted are the OMB’s guidance for managing grants during the COVID-19 crisis and the lack of a formal diversity strategy at many organizations.
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It’s time to really pay attention – The COVID-19 era makes board financial oversight more important than ever
August / September 2020
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 636
Abstract: The board of directors plays a special role in ensuring that a nonprofit organization stays financially on track. This responsibility is magnified in the shadow of the COVID-19 crisis, which has often pushed donations and other revenue down while upping the need for services. This article zooms in on budget revelations, communication with donors, board authority and more.
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Are you covered? Potential insurance relief for COVID-19 losses
August / September 2020
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 571
Abstract: The COVID-19 crisis and its economic fallout have many organizations hunting desperately for financial relief. It’s worth reviewing a nonprofit’s insurance policy portfolio to determine if it qualifies for coverage for some of its COVID-19-related losses and exposures. This article discusses business interruption, general liability and workers’ compensation insurance coverage.
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COVID-19’s impact – 3 critical steps when canceling events
August / September 2020
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 856
Abstract: Canceling an important event is a dramatic measure that can have significant effects on an organization going forward, particularly when the events are major revenue generators. Whether those effects are largely positive or negative depends on how the nonprofit handles the cancellation. This article outlines some best practices. A sidebar considers alternative fundraising options, such as holding a virtual version of a planned event.
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Law firm planning in a time of uncertainty
Summer 2020
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 403
Abstract: The COVID-19 pandemic and the resulting economic uncertainty, as well as social unrest, have created an economic tidal wave for which some law firms have found themselves unprepared. The resulting uncertainty makes it difficult, but not impossible, to plan. This brief article looks at some steps law firms can consider.
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Making remote work … work
Summer 2020
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 568
Abstract: This year saw many law firms temporarily shutter their offices and allow staff to work from home. Although most professional services businesses have reopened to some extent and recalled employees, COVID-19 infection rates potentially could rise to spring levels again this fall. Now is the time to prepare for another possible round of the remote work that will be critical for business continuity. This article highlights several issues in particular that warrant attention.
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Don’t put payroll management on autopilot
Summer 2020
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 668
Abstract: The COVID-19 pandemic has thrown the economy for a loop. Many law firms have had to trim expenses and furlough employees. Laying off or decreasing pay for support staff, associates and partners can add payroll tasks to your workload. If your firm is reducing people on the payroll or outsourcing work to independent contractors, there are several issues management should review carefully. This article covers what you need to know about payroll management during this uncertain time.
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Cost cutting for sustainability: 3 areas to target
Summer 2020
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 829
Abstract: U.S. law firms — of all sizes and practice areas — have had their financial foundations shaken as a result of the COVID-19 crisis. Firms that were flying high less than a year ago now find themselves scrambling to survive the economic fallout. One obvious place to begin is cost-cutting. This article reviews several areas that make likely candidates for cost reductions, while a short sidebar discusses the Association of Certified Fraud Examiners’ recent findings.
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Evaluate your borrowers in the aftermath of a cyberattack
August / September 2020
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 401
Abstract: When lending to a business that has just suffered a cyberattack, a lender needs to evaluate the extent of the attack, how the borrower responded and the implications for the business’s long-term health. This article lists some ways a lender can get a sense of the scope and severity of an attack. It also points out that lenders need to ensure they are lending to businesses with the appropriate security in place to prevent and detect subsequent attacks.
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Code red! Recognize the symptoms of financial distress
August / September 2020
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 656
Abstract: Many businesses are still reeling from the economic downturn triggered by the COVID-19 pandemic. Lenders need to distinguish those businesses whose financial troubles are temporary from those whose operations signal insolvency or other serious problems. This article offers a refresher on the typical warning signs of a borrower’s financial distress, including problems with working capital, credit lines and collateral values.
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What are the best analytic tools in a down economy?
August / September 2020
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 641
Abstract: In an uncertain economy, lenders need to use all possible methods available to help analyze and evaluate potential and current borrowers’ financial health going forward. This article highlights two useful approaches to add to the mix: breakeven analysis and burn rate. These techniques can help lenders determine how stable and likely to prosper their borrowers are.
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Turning on a dime – How to evaluate borrowers pivoting due to COVID-19
August / September 2020
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 845
Abstract: As a result of the COVID-19 pandemic and the ensuing relief legislation, including the Coronavirus Aid, Relief, and Economic Security (CARES) Act, many businesses have pivoted to reposition themselves and take advantage of new opportunities and directions to pursue. This article notes that lenders will have to pivot as well and offers suggestions on how they can evaluate borrowers’ pivot strategies to ensure that loans to these borrowers remain profitable. A sidebar suggests some ways lenders can help their borrowers rebuild financial strength.
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COMPLIANCE ALERT
August / September 2020
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 55
Abstract: This feature lists a few key tax reporting deadlines for September.