Family Business & Your Estate
Many estate-planning tools can be used to transfer your business, but selecting the right one will depend, in part, on whether you plan to retire and let someone else run it for you, sell it, give it ...
Legal
Is it possible to recover attorney’s fees in a civil rights lawsuit?
If you file a claim to enforce your civil rights, such as your right to be free from discrimination under Title VII, the Americans with Disabilities Act, the Age Discrimination in Employment Act, or a...
What is a spendthrift trust?
A spendthrift trust limits, by either amount or purpose, the way that your money will be given to your surviving offspring. By setting up a spendthrift trust, there will be more money to give for a lo...
How do I hire an arbitrator?
All that it takes to hire an arbitrator is for the parties to agree on a specific person or agency and contact them to determine if s/he is willing to take the case. If you have agreed to have the arb...
How To Change a Beneficiary on a Life Insurance Policy
A life insurance beneficiary is an assigned person who will receive payment of your life insurance money in the event of your death. In most circumstances, a life insurance beneficiary change is as ea...
CUNA Mutual Liable For $6.2M In Bad Faith Insurance Case; Fraudulent Practices Uncovered
A South Dakota jury found Wisconsin based CUNA Mutual Insurance Society liable for $6.2 million in a bad faith disability insurance lawsuit. The trial exposed a long history of fraudulent claims pract...
Payment of Debts after Death
Administering an estate involves collection of assets, payment of debts and estate taxes, and distributions to the beneficiaries. This article discusses payment of debts by the executor of an estate....
What is excluded from gross income tax?
Exclusions from gross income tax are only those provided by statute including most proceeds from life insurance contracts, most damages received for personal injuries, and gifts or inheritances. In or...
Can I Sue the Government for Car Damages?
Sovereign immunity protects government entities from liability very well. Lawsuits against any kind of government entity, especially a lawsuit like this one, typically fail, and there are few to no ex...
What kinds of lawsuits do federal courts handle?
Federal courts are courts of limited jurisdiction. This means that unlike in state courts where you can file almost any type of lawsuit, by law, federal courts may only hear limited types of cases. Ar...
Police Brutality: You May Be Able to Sue the Police
Police brutality is all to common in society today, but what many people don't realize is that victims of police brutality may be able to sue the police for their injuries. Even individuals who were d...
Am I liable for the debts of a deceased parent or spouse?
If your parent or spouse passed away and left any debts, you may be liable for them. In the case of a spouse, it usually depends on whether you shared credit card debt, or have other shared accounts. ...
Family Trusts
Family trusts are designed to provide for or distribute wealth to your surviving family members in the event of your death. Family trust is a generic term used to describe a number of different trusts...
Do the NTSB or the FAA have any responsibility for foreign aircraft inspection?
Does The NTSB or FAA Have Any Responsibility for Foreign Aircraft Inspection? ...
What is a pourover trust?
Not to be confused with a pour-over will, a pour over trust is simply a way to plan for incapacity. Unlike a will, the pour over trust is not administered by a court, so its contents and terms are not...
What documents do I need to file my income tax return?
The types of income tax documents needed to file your income tax return will depend on a number of factors including source of taxable income, medical expenses, interest payments, available deductions...
Is there any way I can avoid the federal income tax? What are some non-recognition provisions?
In general, the IRS is only interested in value retained from sales or services. If the sale or service you are involved in does not result in any gain to you and is the result of the mere change of t...
How To Ensure Your Children Inherit Your Property after Your Spouse Dies
Proper estate planning is at the core of making sure that your property is transferred to the right family members at your death. In the case of order of inheritance, everything depends upon the state...
How To Prevent Your Family’s Assets From Being Frozen in Probate
Probate is a long process that publicly sorts through your family's assets. On average, probate can take anywhere from nine months to two years. During the first period of probate proceedings, your fa...
What if there is a signed arbitration agreement but one side decides it does not want to arbitrate?
What if there is a signed arbitration agreement but one side decides it does not want to arbitrate?...
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