Navigating the complexities of tax laws can feel overwhelming, especially when it comes to settlement money. Whether you’ve received a settlement from a lawsuit, an insurance claim, or any other source, it’s crucial to understand the tax implications involved. The question of whether you have to pay taxes on settlement money is often one of [...]
Starting a business is exciting, but it comes with its own set of challenges and legal complexities. Whether you're launching a startup or running an established company, having a business lawyer can make a significant difference. They help with tasks like drafting contracts, navigating regulations, and handling disputes. A business lawyer ensures you're compliant with [...]
Choosing the perfect home is a decision that carries significant weight, and for many, the idea of living in a condominium presents an appealing option. Condominiums, or 'condos', offer a unique blend of convenience, community, and affordability. In this blog post, we delve into the world of condominiums, exploring their unique characteristics, benefits, and considerations [...]
As couples decide to go their separate ways, the process of divorce can become an emotionally and legally complicated matter. It is important to seek experienced legal representation to avoid potential pitfalls as you navigate these uncharted waters. Being well-prepared with a list of questions in advance will better equip your lawyer to represent your [...]
One confusing aspect of estate planning is the numerous myths about the co-ownership of bank accounts. The different types of bank accounts are often confused with the standard forms of property co-ownership. This article discusses some of the myths about the co-ownership of bank accounts. A Bank Account Is a Contract With the Bank There [...]
The easiest way to make sure that a person's property is distributed after his death in keeping with his wishes is for him to prepare a will. A will is a legal document that explains where a person wants or does not want his property to go after his death. A will becomes effective upon [...]
TOD or transfer on death registration of securities allows an investor to arrange for transfer of securities upon the investor's death without the necessity of having the securities go through probate. The executor or administrator of an estate does not have to take any action regarding specific securities that have TOD registration or even entire [...]
A trust is simply an alternate way to own assets. If you created a trust, you would be the Grantor of the trust. You would typically also be the Trustee of the trust. As the Trustee, you would manage the assets titled in the name of the trust according to the terms of the trust [...]
John's neighbor, Betsy, loved animals. In particular, Betsy loved dogs. Betsy's dogs barked all day and all night. The noise was terrible. John and Betsy's townhouses were right next to each other. The noise from the dogs just seemed to come right through the walls into John's house. John tried talking to Betsy, but she [...]
One of the biggest decisions in a person's life is the decision to buy real estate. The excitement that is often associated with the purchase of a new home can be overshadowed by disappointment once the newness wears off and defects become apparent. Generally, the rule of "caveat emptor" -- buyer beware -- requires the [...]
