If you’re a small firm owner, what should you be doing about healthcare insurance for you and your employees? The AIA Trust requested an expert draft options for AIA members with small firms to consider. This new article discusses how the Affordable Care Act provides some options that make sense to small firm owners. Read more »
Increasingly, all project stakeholders will be challenged by the blending of design services related to the construction of a project. Projects on which the design is delegated to or assigned through those responsible for actual construction blur the lines of responsibility and confuse the ability to copyright information and designs as well as the responsibility for complying with patents and trademarks. As a result, the future will bring uncertainty over the ownership and control of design and documentation. Read more »
Group Variable Annuity Contract sounds like a complex term, but the reality is much simpler and certainly not something to avoid when a business is considering a 401(k) plan provider. There are a number of misconceptions attached to this term and annuities in general. One misconception is that merely because a plan is held in a group variable annuity contract it is more expensive than plans through other financial institutions. Other misconceptions are that group variable annuity contracts:
- carry additional charges;
- are complicated; and
- compel participants to purchase an annuity upon distribution.
In December 2007, the sky seemingly fell on 39-year-old architect Robert Woo near ground zero while he sat in his trailer office working as associate architect on the Goldman Sachs office tower project. A crane cable snapped, dropping 7 tons of steel from a 25-floor elevation onto Woo’s trailer. Lucky to be alive at all, Woo was in stable condition by that evening, but the next day the father of three young boys learned he was paralyzed from the waist down and would never walk again. Read more »
The AIA Trust is now in process of developing a new member resource, a legal network, anticipated to launch sometime in 2014; the resource will be offered free of charge to AIA members. The AIA Trust will be contacting reputable A/E construction law firms to be included in this database and wants to ensure that any current law firm memberships in and/or sponsorships of components are preserved. The AIA Trust is also interested in receiving recommendations for specific A/E law firms to include in the database. Read more »