The Use of Lady Bird Deeds to Convey Life Estate Interests in Land

One of the most common requests from clients to probate practitioners is when an individual, upon their passing, wishes to transfer ownership in real property outside of probate proceedings while preserving present control and use of the land.  The utilization of certain deeds as an estate-planning tool to accomplish that goal – affectionately known as “Lady Bird” deeds – is available only in a few states, including Michigan.  This type […]

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USPTO Unveils IP Platform to Connect Innovators of New Products and Technologies for the Prevention, Treatment, and Diagnosis of COVID-19 with Potential Licensees

The United States Patent and Trademark Office (USPTO) recently unveiled a web-based intellectual property (IP) marketplace platform to provide the public with a searchable source of patents and published patent applications related to the COVID-19 pandemic that are available for licensing. The new platform, Patents 4 Partnerships, will help facilitate the licensing and commercialization of innovations in key areas of technologies and disseminate valuable patent information. The platform could assist […]

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Reopening of the Workplace: Issues that May Arise and Helpful Tips

As business owners get closer to reopening their doors, it is time to start planning for and anticipating the problems that may arise with our workforce. The following are issues that may arise, along with some helpful tips. Workplace Conditions Governor Whitmer will advise of the required conditions of the workplace such as the wearing of masks, use of partitions, cleaning of areas, use of social distancing, etc. If your […]

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Loan Forgiveness Program under the CARES Act and The Paycheck Protection Program

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was enacted on March 27, 2020. The CARES Act contains many sections and provisions applicable to numerous individual and business situations. For small business owners, the most helpful provision may be the new loan program called the Paycheck Protection Program (PPP).  This program is developed to assist small business owners to retain their employees and recall employees who have been […]

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COVID-19: Business and Legal Issues to Consider

Businesses are facing a diverse set of legal and business-critical challenges by the outbreak of the Coronavirus Disease (COVID-19). Attorneys at Cummings, McClorey, Davis & Acho, P.L.C. are closely monitoring the potential ramifications of the outbreak and are actively advising clients in planning through this fluid time and uncertain future to better position their business for success. Some legal, strategic, and practical considerations employers need to consider include: • Wage […]

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CMDA Opens New York Office

Cummings, McClorey, Davis & Acho, P.L.C. (CMDA) is pleased to announce the opening of a Firm location in New York City. Located in the heart of Midtown Manhattan, the New York office is the Firm’s seventh office location and first on the East Coast, adding to offices in Michigan, Missouri, and California. The New York office will be home to CMDA’s growing Intellectual Property (IP) practice. “Having an office in […]

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Important New Changes to Michigan’s Paid Medical Leave Act

Effective March 29, 2019 the Paid Medical Leave Act (PMLA) will allow eligible part time employees to receive one hour of paid medical leave for every 35 hours worked. To be eligible for the leave the employee must have worked a minimum of 25 hours per week during the preceding calendar year. The leave time must be used for personal or family health needs or purposes related to sexual assault […]

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Michigan Nonprofit Corporations Must File Annual Report by October 1, 2018

The Michigan Department of Licensing and Regulatory Affairs (LARA) Corporation, Securities & Commercial Licensing Bureau (CSCL) recently announced that 2018 annual reports for nonprofit corporations have been mailed to resident agents on record with the CSCL Corporations Division. Nonprofit corporations are required to file their annual report by October 1, 2018. Nonprofit corporations are those formed in which members may not receive any profits of the corporation. A nonprofit corporation […]

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Understanding the Recent Changes to Michigan’s Unclaimed Property Reporting

Beginning in 2018 in Michigan, all companies with no unclaimed property will be required to file a zero or negative report. Under Michigan’s Unclaimed Property Act, anyone holding unclaimed property of another must report such property as abandoned to the State of Michigan under a process known as escheats. Therefore, a bank holding money for a depositor over a number of years, which determines the property is abandoned, must turn […]

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Combating the Rise of Cyber Crime

At the recent Securities Exchange Commission and Department of Justice Enforcement and Litigation Update Conference, speakers included the Director of the SEC Regional Office, Chicago, The Chief of the White Collar Unit of the US Attorney’s Office, Detroit, the Detroit Supervisory Special Agent of the FBI, as well as in-house counsel for local businesses. Much of the discussion was about the rise of cyber crime. The FBI agent said “There […]

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