Articles

There are several forms of nonqualified deferred compensation arrangements. Each company must evaluate its objectives and workforce needs to determine which approach best supports and rewards its key employees. When properly aligned, these arrangements can create meaningful benefits for both the organization and its employees. The following examples illustrate how specific deferred compensation strategies can be matched to the needs and goals of key employees.

Pennsylvania Act 29 of 2026 took effect on September 18, 2026, and requires certain real property owners to provide contact information to the county where the property is located. The law directs each county's chief assessor to establish and maintain a property contact information list that municipalities may use to contact covered owners or their representatives regarding property maintenance, property upkeep, and municipal ordinance or code violations.

An employer may establish a Trump Account Contribution Program (TACP) to enable contributions to dependents of employees. 

One of the primary advantages of forming a corporation or limited liability company (LLC) is the protection it can provide between a business owner's personal assets and the business's liabilities. However, that protection is not absolute. In certain circumstances, a court may disregard the separate legal status of a business and hold its owners personally responsible for business debts or obligations. Understanding how piercing the corporate veil claims arise and what steps can be taken to avoid them is important for business owners who want to protect their personal finances.

Contracts are the foundation of most business relationships. Whether your company is hiring employees, purchasing goods, engaging vendors, leasing property, or entering into service agreements, contracts help define expectations and allocate rights and responsibilities. However, not every business agreement is legally enforceable. Understanding what Pennsylvania law requires for a valid and binding contract can help businesses reduce risk, avoid disputes, and better protect their interests.

With the rise of the mandates, voluntary incentives, and programs for paid leave, insurance companies have been increasingly providing private employers with policies covering wages to employees taking paid leave, including time off for qualifying FMLA reasons. Recognizing this practice, the OBBBA allows for the same sliding scale percentages in the Section 45S credit to be applied to the amount the employer pays for premiums dedicated to those qualifying leaves. 

When starting a business, owners often focus on choosing an entity, obtaining licenses, and opening bank accounts. However, many business owners overlook one important legal requirement: maintaining a registered agent. Whether you operate a corporation, limited liability company (LLC), or another business entity, understanding the role of a registered agent can help ensure your company remains compliant and receives important legal and governmental communications in a timely manner.

Choosing an executor or trustee is one of the most important decisions you will make during the estate planning process, as these fiduciaries will be responsible for managing assets, handling legal and financial matters, and protecting the interests of your beneficiaries. Understanding the differences between these roles and the qualities needed to fulfill them can help ensure your estate is administered efficiently and according to your intentions.

In many situations, a limited guardianship allows the individual to retain as much independence as possible while still receiving necessary support. Understanding the process for petitioning the court for limited guardianship can help families protect their loved ones while respecting their legal rights.

Planning for the future is never easy, especially when it involves aging, long-term care, and the possibility of declining health. In elder law, families often hear the terms "advance planning" and "crisis planning," but understanding the difference between the two can have a significant impact on financial security, access to care, and peace of mind.

On February 26, 2026, the U.S. Department of Labor provided a notice of proposed rulemaking to change the analysis employers must use to decide whether a worker is an employee or independent contractor under the Fair Labor Standards Act, the Family and Medical Leave Act, and the Migrant and Seasonal Agricultural Worker Protection Act. 

When the possibility of skilled nursing care enters the picture, many families worry not only about health concerns but also about the financial impact of long-term care. With nursing home costs continuing to rise, proactive planning can help preserve hard-earned assets, protect a spouse or loved ones, and ensure access to quality care when it is needed most.

A properly drafted power of attorney allows a trusted person to make important decisions on your behalf if you become unable to do so yourself, helping avoid delays, court intervention, and uncertainty during difficult times.

This article briefly describes mandatory autoenrollment rules as adopted by SECURE 2.0.