News & Updates

Best Lawyers Logo

6 LSP Lawyers Listed in The Best Lawyers in America© 2017

Six of LSP’s lawyers have been recognized in The Best Lawyers in America© 2017: Jack Payne: Employee Benefits (ERISA) Law and Trusts and Estates Don Siegal: Real Estate Law Phil Stutts: Real Estate Law Sid Philips: Corporate Law and Tax Law

Rossi 38 Special

Is Your Handgun Safe? Will it Accidentally Fire if Dropped?

The most basic safety feature of any gun should be that it fires only if its user so intends.  No gun should fire accidentally because it has been bumped or dropped.  Yet, that is exactly what happened to one of

2016 B-Metro Top Attorneys Cover

LSP Attorneys Named “Top Lawyers” by B-Metro Magazine

Congratulations to Don Siegal, Lynne O’Neal, Suzanne Paulson, and Greg Brockwell for being named “Top Attorneys” in the March, 2016, issue of Birmingham’s B-Metro Magazine: 2016 B-Metro Top Attorneys

Business image for LSPC

“The Limitations of Limited Liability,” a new article by Brockwell and Boulter

The Birmingham Bar Association’s latest issue includes an article on “The Limitations of Limited Liability” by LSP attorneys Greg Brockwell and Andrew Boulter.  The article discusses the circumstances in which a member or manager of a limited liability company may

Jay Smith rejoins Leitman, Siegal & Payne as a partner

Leitman, Siegal & Payne is very happy to announce and welcome the return of Jay Smith as a partner.  Jay’s practice will continue to focus on providing general counsel and representation for local individuals and businesses in their business disputes and

Image of Greg Brockwell

Leitman, Siegal & Payne, PC Announce New Firm Leadership

Leitman, Siegal & Payne, PC, proudly announces its unanimous election of new officers. Greg Brockwell will serve as President, Sid Philips as Vice President, and Phil Stutts will be Secretary/Treasurer, and all three as directors.  Other directors will be Hal

news-tax

Recent Developments That May Affect Your Tax Situation

The following is a summary of the most important tax developments that have occurred in the past three months that may affect you, your family, your investments, and your livelihood. IRA rollovers to be limited. As discussed in our last

Jack Payne

The Toughened One-Year Wait Period Between IRA Rollovers

This newsletter is written to let you know about an important change in the rules for IRA rollovers, which are transactions that let you withdraw cash from one IRA and redeposit it in another IRA without paying a current tax.

news-general-law-books

Supreme Court: Severance Payments Are Subject to FICA Tax

SUPREME COURT: SEVERANCE PAYMENTS ARE SUBJECT TO FICA TAX U.S. v. Quality Stores, Inc., et al, (Sup Ct 03/25/2014) 113 AFTR 2d ¶2014-604 In a unanimous decision (with Justice Kagan recused), the Supreme Court, reversing the Sixth Circuit Court of

news-taxation

Don’t Overlook Tax Breaks For Grandparents Raising Their Grandchildren

More and more individuals who thought their child-rearing days were over are now raising their grandchildren. The U.S. Census Bureau has found that the number of grandparents whose grandchildren younger than 18 were living with them in 2010 was 7

LSP News