The W i L aw Connection: Quarterly Publication–July 2020
Should a Contractor Stop Work Due to Nonpayment?
As owners and contractors feel the bite of shrinking revenues due to the economic slowdown, contractors are bound to see payment problems arise on ongoing projects. Contractors may find themselves contemplating whether to stop work on-site in response to nonpayment. At first blush, stopping work on-site may seem like a simple and obvious solution for nonpayment. But in reality, stopping work is fraught with risk, and almost always involves a difficult and complicated decision.

How a Trust Can Provide Asset Protection for Your Children
Do you want to leave your children with an inheritance, but are worried about creditors taking part of that inheritance? If so, you are not alone. Fortunately, a properly established protective trust can help safeguard the money you leave behind for your children from their creditors, including in a divorce. Creditors can more easily reach your children’s inheritances if it is given to them directly, outside of a trust. However, creditors would have more hurdles to jump through to reach your children’s inheritance if it is held in a protective trust.

Wisconsin Will Not Tax Forgiven Paycheck Protection Program Loans
Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the federal government is providing much needed relief to small businesses in the form of loans that can be forgiven under the Paycheck Protection Program (PPP). A PPP loan can be forgiven if the loan is used for specific costs such as payroll costs, interest payments on loans secured by a mortgage, rent, and utilities. The federal government will not tax the amount of the loan that is forgiven, and the forgiven amount will not count as taxable income to small businesses; however, this might not be the case in some states.

When Are My Employees Entitled to Leave under the FFCRA because their Children are Home from School or Daycare?
The Families First Coronavirus Response Act (“FFCRA”) requires that, with certain exceptions, employers with 500 or fewer employees must provide employees with leave in certain circumstances pursuant to the Emergency Paid Sick Leave Act (“EPSLA”) and Emergency Family and Medical Leave Expansion Act (“EFMLA”). Both require leave if an individual is unable to work or telework because they need to care for their son or daughter if the child’s school or place of care has been closed or if the childcare provider of such child is unavailable due to reasons related to COVID-19.

Firm News
Attorney Kelly Kuglitsch Elected Chairperson of the State Bar
of Wisconsin Taxation Section Board

With Taxation Section Board Directors and Officers now located across multiple metropolitan areas both within and outside of Wisconsin and representing a wide range of ages and areas of practice focus, Attorney Kuglitsch plans to embrace and leverage the diversity of the fiscal year 2021 Board’s perspectives and input. Her goal is to ensure that the Board’s work recognizes and reflects the range of professional interests of its nearly 500 members. Read the full release here .
Attorneys Erica Reib, Joe Newbold, and Grant Killoran Featured in Wisconsin Lawyer

An article by Attorneys Grant Killoran, Joe Newbold, and Erica Reib entitled “The New Wave of Litigation: An Early Report on COVID-19 Claims” is featured as the cover story in the June edition of the State Bar of Wisconsin publication Wisconsin Lawyer. In their article they analyze the claims being filed relating to the ongoing COVID-19 pandemic in the United States. Read the full article here.
Attorney Kelly Condon Admitted into the Florida State Bar 

We are pleased to announce Attorney Kelly Condon is now licensed to practice in the state of Florida. Kelly is able to assist Wisconsin residents owning Florida property and Florida residents on matters related to estate planning, trust administration, and probate administration.

Firms included in the 2020 “ Best Law Firms” list are recognized for professional excellence with persistently impressive ratings from clients and peers. Achieving a tiered ranking signals a unique combination of quality law practice and breadth of legal expertise.


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Our firm is a proud member of Meritas, a global alliance of 7,485 experienced lawyers in 191 full-service law firms serving 256 markets. Through Meritas, clients seeking legal services can easily connect with pre-qualified legal expertise worldwide.
 
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