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Seder & Chandler Blog

Choosing The Right Type Of Construction Contract

There is a lot of thought that goes into planning a construction project. Before you start looking at builders, you may spend a considerable amount of time deciding what you want to include in the project.

When it is time to start heading toward the negotiation table, it is essential to think about what type of construction contract will be the best fit for your project.

These are some of the most common types of construction contracts and when they are most useful.

The Big Print Giveth and The Fine Print Taketh Away

The term "boilerplate" is a word with has evolved over time to describe standard language in a contractual document that is often thought to have little or no legal significance. Typical boilerplate language is characterized as being in small print and located in obscure, unobtrusive areas of documents, such as the reverse side of standard forms. Indeed, the term "boilerplate" is believed to be derived from language stamped onto boilers disclaiming liability should the boiler explode. (This naturally leads one to question how the existence of the language is proved after the boiler has exploded-an issue for another day).

When can child support be modified in Massachusetts?

Routine and consistency are often comforting. But change occurs whether you want it to or not. Some changes are good like a promotion or new house, while other changes are difficult. You may have gotten laid off, or you could be dealing with a health issue. Whatever the concern, you think it might be time to revisit your child support arrangement.

Can you apply for a Rogers guardianship?

In certain situations, a vulnerable adult who does not have the ability to understand or give consent may need someone to make legal decisions for them. Usually, a legal guardian can serve in this role. However, in a situation requiring "extraordinary" medical treatment, a guardian will need additional authority, called Rogers authority.

Green Grass And High Times?

What Employers Should Know About Recreational Marijuana

As of July 1, 2018, Massachusetts became one of nine (9) states that permits recreational marijuana use. However, under the Massachusetts Marijuana Act, an employer is expressly permitted to prohibit employees from using or being under the influence of marijuana in the workplace. Yet, the Act does not address whether an employer can regulate employees' lawful use of marijuana outside of the workplace.

How to use your 2018 tax return to guide investment in 2019

Not every investment is a winning one. If the value of your investments took a hit in 2018, it can discourage you from investing in 2019. Luckily, you can usually get a tax break on losses through declaring a capital loss deduction. This could result in valuable savings on your 2018 tax return.

Private equity firm investigated for breach of fiduciary duty

Private equity firm Platinum Equity LLC recently announced their intention to buy Multi-Color Corporation (NASDAQ: LABL). However, several legal bodies are investigating the acquisition.

Under the agreement, shareholders are entitled to $50 for each LABL share. However, some analysts estimate each share is worth $55. LABL also announced net revenue of 13 percent and overall positive estimates for 2019.

Are you looking to invest in an Opportunity Zone?

Have you heard about a new investment program called the Opportunity Zone? The tax act of 2017 created an incentive program for long-term investments in urban and rural areas of low-income across the country.

When you re-invest your unrealized capital gains into an Opportunity Fund, it qualifies for several tax incentives. It is also subject to a 7 percent appreciation rate and a long-term capital gains tax rate of 23.8 percent. You can choose one zone or multiple zones in which to invest.

Wells Fargo Will Pay Over $240 Million To Defrauded Shareholders

Wells Fargo reached a record settlement today with U.S. shareholders after employees created over 1.5 million false accounts and insurance policies under customer's names. Twenty Wells Fargo executives and directors will pay for the damages, but the government and consumers' faith has been shaken.

12 Considerations Before Inking Your Commercial Lease

Have you outgrown your home office? Do you currently lease space but are considering moving to a bigger or different location? If so, you will need to consider many issues as you negotiate your commercial lease. As you look for space suitable for your business, here are 12 key factors to consider.

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