RICHARD M. HYMAS

Rick Hymas

Rick Hymas‘ practice focuses on employment law. He practices out of our Salt Lake office, and he’s one of the best for employment law matters.

One employment law topic that intrigues me is the law  against Company Stores.  The classic example of this is paying a poor coal miner (the employee) in mere credits that can only be spent at the employer’s over-priced store. Those stores were pretty awful, as in the song “16 tons.”  As a result, most states require all wages to be paid in real cash.   Utah’s law for this is at Section 34-28-3(1)(e).

Most company’s comply with this rule on their own. But it’s the tip of the iceberg.  If you have an issue about who should get overtime, who all must participate in the company’s 401(k), how to truly avoid work-place discrimination, drafting employee agreements, or enforcing non-competes, you are in the thick of employment law in all its complexity.  In these areas, legal advice is crucial.

2015 Annual Tax & Estate Planning Forum

Samuel A. Donaldson

Samuel A. Donaldson, Professor of Law, Georgia State University School of Law, presenting  on estate planning for married couples under current estate tax/gift tax laws.https://www.clenet.com/

Evan Unzelman

Evan Unzelman, President of Sterling Foundation Management, presenting on secondary planning for CRTs.

S. Stacy Eastland

Stacy Eastland, Managing Director of the Investment Management Division at Goldman, Sachs & Co. presenting on sophisticated, large-estate planning techniques.

Jay Adkisson

Jay Adkisson of Riser & Adkisson (and a noted contributor to Forbes) leading a panel discussion on asset protection issues.

Judge Jennifer A. Brown

JUDGE

Judge Jennifer A. Brown handles probate court matters for the 4th District Court in Provo, Utah on August 28, 2015.  The Court is making a renewed effort to inform court-appointed guardians and conservators of their reporting duties, and following up on cases where reports have not been filed.

The formality of judicial oversight can be good, especially in cases of hostility and suspicion.  However, setting up a trust before you ever need a guardian/conservator is a often-preferred alternative.  You can always end up in Court, but a Trust is convenient in that (unlike a guardianship/conservatorship) it does not need the court to get started, handle annual reporting, or shut it down.

Douglas R. Richmond

Doug Richmond (2)

Douglas R. Richmond, of Aon Risk Solutions presents a CLE to the attorneys of Durham Jones & Pinegar at the firm’s annual retreat on May 15, 2015.  Mr. Richmond presents with a combination of expertise, practical advise, and humor aimed at improving the conduct of attorneys.  Learning about multi-million dollar malpractice cases does help an attorney “get religion.” 

My favorite take-away: “Sometimes, I just wish attorneys would shut up.”  And that is not crass or uncaring.  California has a flowery statute that says the same thing: “It is the duty of an attorney. . . to maintain inviolate the confidence, and at every peril to himself or herself to preserve the secrets, of his or her client.”

 

Senator Curt Bramble

Senator Curt Bramble

Senator Curt Bramble provides a legislative update to the Utah Estate Planning Council on April 1, 2015, shortly after the close of a historic legislative session.   Of particular note to estate planners, He successfully opposed a bill intended to gut Utah’s asset protection trust statute.   Senator Bramble also fielded questions, and commented on the ongoing project to relocate the state prison.   The caption is fictional.

William W. Olsen, CPA

William Olsen

William W. Olsen presents on business valuations at the Utah Valley Estate Planning Council on September 3, 2014.  The caption is fictional.  The presentation focused on IRS preferences for the treatment of lack of marketability and lack of control discounts in valuations.  For example, which should be applied first.  These discounts have a crucial bearing on buy-sell agreements, gift tax calculations, and other business transactions.

Brand Barney, CISSP, Security Analyst

Brand Barney

Brand Barney, CISSP, Security Analyst for SecurityMetrics presents on the threat of hackers to the Utah Valley Estate Planning Chapter on October 1, 2014.  Thanks to Brand for presenting and also for providing a few quick tips for this post:
  • Secure your network perimeter and scan it frequently for vulnerabilities
  • Discover and encrypt your sensitive data
  • Choose strong and secure passwords / passphrases
  • Remember not to overlook the simple things…because hackers most certainly won’t.