Search Results

result count: 200 current search
post

Supreme Court Holds Inherited IRAs Not Exempt from Bankruptcy Estate

The Bankruptcy Code permits an individual in bankruptcy to exempt from the bankrupt estate “retirement funds” in an individual retirement account (“IRA”) or certain other tax-advantaged vehicles. In a recent…

post

Myth Busting Common Estate and Retirement Planning Misconceptions: WHAT

Authored by summer associate Audrey McElrath. This article is the first in a multi-part series on the value of legal guidance and services for estate and retirement planning and will…

post

Rachel W. Adams Appointed to RBA Administration of Justice Committee

Congratulations to Partner Rachel Adams on her appointment to the Richmond Bar Association’s (RBA) Administration of Justice Committee, serving a three-year term from June 2024 through June 2027. The purpose…

post

DOL New Overtime Rule to Go into Effect July 1

On July 1, 2024, the Department of Labor’s (DOL) new federal overtime rule will go into effect. The new rule increases the salary threshold for employees who are exempt from…

post

A Copyright Best Practices Reminder: Get it in Writing

“Get it in writing” is a common refrain from lawyers. Not getting it in writing is a mistake I have seen too many clients make. When an individual or company…

post

What Public Benefits Does My Beneficiary Receive and Why Does It Matter?

The Intersection of Public Benefits and Disbursement Decisions You may have heard that the beneficiaries you serve who currently receive public benefits cannot receive food, shelter, or cash, but do…

post

Cliona Robb to Serve as Panelist at the 2024 Virginia Energy Summit

Energy and Telecommunications attorney Cliona Robb has been selected to serve as a panelist at the third annual Virginia Energy Summit hosted by the Virginia Manufacturers Association. Titled Energy Regulation…

post

FICA Tax Imposed on Compensation That Will Never Be Received

FICA tax is normally collected through withholding at the time the underlying compensation (“wages”) is received. Under a special rule in the Internal Revenue Code, however (the “special timing rule”),…

post

ThompsonMcMullan Welcomes Paulo E. Franco Jr.

Former state prosecutor Paulo E. Franco Jr. has joined ThompsonMcMullan’s Civil Litigation practice group, after prosecuting lawyers on behalf of the Virginia State Bar for the last 18+ years. Paulo…

post

Fourth Circuit Clarifies that Bankruptcy Proceedings Need Not Defeat Your Unperfected Mechanics Lien

The statutory mechanics lien is a powerful tool for contractors and suppliers aggrieved by an owner or prime contractor who fails or refuses to pay. Before a mechanics lien may…