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Virgin Islands Law Blog

Virgin Islands Law Blog

Covers U.S. Virgin Island law and politics. By Tom Bolt.

http://lawblog.vilaw.com/
  • Jul 28

    Special Allocations in Partnerships and LLC

    Special Allocations in Partnerships and LLC
    The vast majority of business arrangements involve partners splitting profits and debts based on their contributions to the company. A two-person partnership, for example, often has a 50/50 split, but these arrangements can become more…
  • Jul 26

    With New Federal Rule, Many More Americans Now Eligible for Overtime Pay

    With New Federal Rule, Many More Americans Now Eligible for Overtime Pay
    Last summer, President Barack Obama announced plans to raise the overtime salary threshold, a move that promised to make millions more Americans eligible for overtime pay. Those plans went into effect last month, when the White House revealed…
  • Jul 21

    Common Types of Trusts and How They Protect Your Asset

    Common Types of Trusts and How They Protect Your Asset
    If you would like to make sure your assets and property are distributed in accordance with your wishes, a trust is one of the best tools to help you do exactly that. Through a trust, you are able to maintain full control over which…
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