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The Paley Rothman Blog

Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our attorneys. The information in the blogs and articles is not a substitute for legal advice and should not be relied on as such. Should you have any questions or want legal advice, please contact the attorney who wrote the blog or article.

Estate & Trust Administration, Estate Planning
January 10, 2014

Changing Retirement Plan Beneficiaries

By Mark Binstock on January 10, 2014

You have just spent months working with your lawyer to draft an estate plan that suits your needs. You created one trust for your beloved second wife and another trust for your equally beloved children from your first marriage. In order to take advantage of the unlimited marital deduction currently available under the federal estate tax laws, you have made your kids the beneficiaries of your current wife’s marital trust upon her death. She will hopefully live a long time and be able to enjoy the benefits of your successful career and when she dies there will still be assets to provide for your children.

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Government Contracts
December 23, 2013

SUSPEND Act: Far from suspended, it’s moving right along

By on December 23, 2013

Companies that engage in Government Contracting should be paying close attention to the so-called Stop Unworthy Spending (SUSPEND) Act, H.R.3345, which passed the House Oversight and Government Reform Committee on October 29, 2013 and as of this writing was still awaiting a floor vote in the full U.S. House of Representatives.

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Employment Law
December 12, 2013

Worker Misclassification Bill Re-Introduced in U.S. Senate

By Jessica Summers on December 12, 2013

Congress is once again taking aim at addressing the misclassification of independent contractors. On November 12, Senator Bob Casey (D-PA) introduced the Payroll Fraud and Prevention Act (PFPA) of 2013 (S. 1687). The bill is essentially identical to one bearing the same name that was introduced in 2011, but on which no action was taken. The reintroduction of this bill should serve as a reminder to employers to review worker classifications for current employees and contractors and to carefully consider classifications and hiring policies for new hires.

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