One of the issues faced increasingly by design firms is whether they have a right to rely on the information provided by manufacturers of products, materials, and systems. The standard of care states that if the reliance of the design firm on a manufacturer’s information or representations is reasonable at the time of the design […]
The Quarterly eNewsletter of The AIA Trust —January 2021
If you’re relatively new to practice, you may think that you can deal with retirement planning much later. But it takes years to accumulate the savings you’ll need for an ideal retirement. It’s well worth spending time now to strategize how you’ll get from here to there – even if retirement is many years in […]
Many people assume that life insurance is only for married couples and those with kids. While it is true that all single people may not need life insurance, there are some important reasons to consider it.
With the start of the new year, the 2020 AIA Trust, Victor and CNA Component Grants Program guidelines are now available for your component to submit winning program ideas for grants up to $3,000 each. Submissions are due by March 31, 2020.
The AIA Trust published articles this past year in various AIA member publications. In case you missed them, these practice resources are all now available on the AIA Trust website – along with some new resources on vital topics such as financial management and cyber risk assessment. Check them out today!
Contractors and clients frequently make claims against design professionals for damages resulting from construction delays. These delays may include claims for extra compensation allegedly arising from changes in the work caused by errors or omissions in the plans and specifications. The defense of these claims often involves an expensive team of analysts, consultants, experts, and […]
If you’re an architect who is self-employed or receives 1099 income as an independent contractor, you know that it’s up to you to establish a retirement plan. But do you understand the various approaches available to you, such as an individual 401(k) plan, and which may best suit you and your situation?