HAHS News

Asset protection has become a common goal of estate planning. Asset protection trusts come in many different forms and can be used to protect property for your use and benefit as well as for the use and benefit of your family. What is An Asset Protection Trust? An asset protection […]

Yesterday a federal judge granted a nationwide injunction stopping the implementation of the new overtime rules proposed by the Department of Labor. The rules, had they taken effect, would have significantly raised the minimum salary required to qualify for an overtime exemption. The rules were to become effective on December […]

There is no greater threat to American businesses today than insufficient cybersecurity. The threat includes, among other things, the risk that a company’s records, record-keeping system, or other digital information will be held hostage and unretrievable by ransomware; the risk that personally identifiable information (PII) of customers or employees will […]

How much is an association required to put into reserves and are they required to get a reserve study? What are condominiums are statutorily required to do regarding reserves? Defining and Explaining Reserve Accounts  Condominium associations must have reserve accounts for painting, paving, the roof, and any other item that has […]

For Associations that have active involvement from their owners, it’s usually a good idea for the board to delegate the fact-finding and non-policy decisions (i.e. getting bids, taking surveys, planning social events, etc.) to committees. However, committees have to follow much of the same meeting notice and participation requirements as […]