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12 Jun 2008, 7:09 pm
Any proceeds derived from loans secured by a party’s separate property shall be said party’s separate property.2. [read post]
11 Jun 2008, 8:52 pm
Specifically, uncorporations (1) loosen managers’ grip on the firm’s cash through distributions and liquidation rights; and (2) give managers high-powered owner-like incentives. [read post]
9 Jun 2008, 10:50 pm
Thirdly, since the Claimants were occupying the flat pursuant to a tenancy agreement, s.175(1) HA 1996 would not apply to the Claimants and nor would s.175(2). [read post]
9 Jun 2008, 3:11 pm
A few of the issues include:1) do well do you trust that person? [read post]
22 May 2008, 8:00 pm
There are less costs involved with placing all family assets in a entity or trust than placing assets in several or trusts. 4. [read post]
15 May 2008, 3:28 am
(See United States Trust Co. v. [read post]
9 May 2008, 6:30 am
"This article details and evaluates eleven strategies that may apply to clients in the modest wealth category: "(1) inter vivos transfers of life insurance and other non-income producing assets; "(2) estate building and income tax sheltering with life insurance; "(3) qualified personal residence trusts; "(4) effective use of annual exclusions; "(5) self-settled trusts; "(6) potential use of the gift tax exemption and… [read post]
30 Apr 2008, 7:00 am
The due dates are still May 15 for annual reports, and May 1 for initial reports. [read post]
18 Apr 2008, 2:00 am
: RealNetworks, Mattel and Hasbro copy the infringer by creating online Scrabble: (IP ThinkTank), Creative Commons Statement of Intent for Attribution-Share Alike Licenses released: (creativecommons.org) Events IP Business Congress – 25-26 June, Amsterdam: (IP Business Congress), INTA annual meeting – 17-21 May, Berlin: (IMPACT), Australia: IPRIA / CELRL / IP Australia: Employees’ IP and the employment relationship – incentives to innovate… [read post]
16 Apr 2008, 8:42 am
The first Theory for Improvement is on Page 2 below, dated 1/2/08, and proposes the elimination of Probate court. [read post]
11 Apr 2008, 10:52 am
Unfortunately, the tax code and the IRS have established two governing principles: (1) the annual gift tax exclusion may not be used for a gift of a future interest and (2) money given to the trust to pay premiums that may not result in death benefits for many years are future interests.But, if someone can exercise the option to receive the gifts now, then the gifts are considered present (and not future) interests. [read post]
4 Apr 2008, 8:51 am
Leanna Hamill of the Massachusetts Estate Planning and Elder Law Blog has recently posted two useful and informative articles (Part 1 and Part 2) about Estate Planning and Divorce, which I have combined in this post: If you are separated from your spouse, filing for divorce, or even just contemplating it - you need more than just a divorce attorney. [read post]
4 Apr 2008, 8:44 am
Leanna Hamill of the Massachusetts Estate Planning and Elder Law Blog has recently posted two useful and informative articles (Part 1 and Part 2) about Estate Planning and Divorce, which I have combined in this post: If you are separated from your spouse, filing for divorce, or even just contemplating it - you need more than just a divorce attorney. [read post]
24 Mar 2008, 7:00 am
For example:1) A taxable entity's 2008 franchise tax report is based on the period 09-15-2007 through 12-31-2007 (108 days), and its total revenue for the period is $50,000. [read post]
20 Mar 2008, 6:00 am
Avoid these common schemes: 1. [read post]
15 Mar 2008, 7:00 pm
Income Tax: a tax levied on the financial income of of individuals, corporations, or other legal entities including trusts. [read post]
7 Mar 2008, 2:00 am
Here is IP Think Tank’s weekly selection of top intellectual property news breaking in the blogosphere and internet. [read post]
5 Mar 2008, 4:54 pm
The anti-trust solution is to guard against (1) standard setting bodies seeking to freeze technology, by either refusing or delaying innovatio [read post]
5 Mar 2008, 4:04 pm
Section 892(a)(2) then carves an exception for income derived from a commercial activity, a controlled commercial entity, or the disposition of an interest in a controlled commercial entity. [read post]
4 Mar 2008, 6:00 am
After reviewing the applicable statutes and rules, we have determined that all nontaxable entities, including passive entities, will be subject to the following reporting requirements:(1) If an entity has notified the comptroller or the Secretary of State that it is doing business in Texas, the entity must notify the comptroller that it qualifies as a passive entity by filing the No Tax Due report, Form 05-163, and blackening the circle in Item… [read post]
