Wills & trusts : Law & Legal & Attorney
The grantor of an irrevocable trust relinquishes control over the assets contained within that trust in exchange for substantial tax savings and asset protection. The trade-off is that, once it's created, such a trust is difficult to terminate without the cooperation of all the parties involved. Whe
A request for admission, also referred to as a request to admit, is a set of factual statements that one party may propound upon the other during litigation. The recipient must then review these statements and admit, deny or claim lack of knowledge to each one. Requests for admissions are similar in
Due to the new tax relief measure that was passed in mid-December we are working with an estate tax rate of 35% in 2011 and 2012. Prior to the passage of the legislation the maximum rate was set to revert back to the 2001 level, which was 55%. Before the one year repeal in 2010 the rate of the tax h
Got badly injured in an accident? You need to be compensated well to avoid any financial shortfall. Read this article to know more.
There is a way to protect yourself and your loved ones in the event that you become incapacitated. A living will is a legal document that can give you control over your medical care, even if injury or illness has left you unable to speak or communicate your desires. You can find lots of living will
Bullnose is a type of corner edge that projects outward slightly and is rounded. It is common in many building materials, including moldings and countertop edges. It can also be used on drywall corners to add a softened appearance to the room's walls and baseboards. The bullnose corners are achieved
Have you been told that you don't need a revocable trust because you don't own 2 million dollars worth of assets? This may be true if all you care about is estate taxes. However, the main reason for setting up a revocable trust is to avoid probate and the cost and inconvenience associated
While there are financial benefits to owning a farm, such as lower tax assessments, problems can arise for owner-occupants on other fronts. Whether it is getting refinanced based strictly on the home value, or developing a tract for a secondary business, farmers quickly discover the obstacles involv
Probate laws vary from state to state and governed by county and state Probate Courts. Depending on the circumstances and size of the estate, assets can be tied up in probate for six to eighteen months.
Thinking about what will happen when you die may not be a task you relish, but it is an important part of planning for the future - particularly if you have a family. Everyone over 18 years of age is entitled to make a Will, however, according to a survey by Barnardo's in 2010, more than half o
A living trust is a type of trust created when the grantor, which is the person who is creating the trust, is still alive. The main difference between establishing a living trust and simply willing the money to your heirs is that the living trust money is distributed faster than wills, which can be
The criminal charges of a convicted adult inmate are a matter of public record in the United States. Though not all states provide a simple method for retrieving inmate information, Arizona is one state that provides an easy-to-use web-enabled database of active state prison inmates as well as inmat
In Minnesota probate court, a specific process is followed to ensure consistent handling of probate cases. The process allows heirs, beneficiaries, and creditors to all make a claim on the estate. In addition, deadlines are given to make sure the probate process is completed in a timely manner.
A ColdFusion CFC file provides Web developers with object-oriented coding abilities. The CFC file imports into your ColdFusion projects, so you can use the code in any project without recreating the classes. The bracket characters define an array in a CFC file. Find the arrays in your CFC files usin
When you investigate the backgrounds of potential tenants or employees, you want to find out whether they have felony records. Many landlords and employers believe the incidences of felonies showcase a person's character and level of responsibility and base tenancy or employability on such informati
No one can foresee problems that may arise should he become incapacitated. Yet, you can avoid negative consequences of unforeseen problems by creating Living Wills and Healthcare Power of Attorneys (HCPOA).
In 2008, California banned talking on cell phones while driving; then in 2009, a new law went into effect that prohibits sending and receiving text messages while driving. Drivers over the age of 18 years must use a hands-free device; drivers under 18 years may not use their cell phone at all while