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11 Mar 2024, 7:00 am
One of the first estate planning decisions you will need to make is whether to use a Will or Revocable Living Trust to achieve your estate planning goals. [read post]
11 Mar 2024, 5:06 am
They can help you create a will to outline how your assets should be distributed, establish trusts to protect your assets from creditors and ensure they are distributed according to your wishes, and create powers of attorney and healthcare directives to appoint someone to make important decisions on your behalf if you become incapacitated. [read post]
11 Mar 2024, 12:15 am
With certain statutory exceptions and unless the articles of incorporation provide otherwise, directors and officers are not individually liable to the corporation or its stockholder or creditors for any damages as a result of any act or failure to act in his or her capacity as such unless the presumption of good faith has been rebutted and it is proven that (i) the director's or officer's act or failure to act constituted a breach of fiduciary duty as a director… [read post]
10 Mar 2024, 12:57 pm
" At issue in Barclift was whether a consumer whose personal information was shared by a creditor with a third party, in violation of the Fair Debt Collection Practices Act, suffers an injury that is sufficiently "concrete" to satisfy the requirements of Article III. [read post]
10 Mar 2024, 7:20 am
Protect the trust’s accounts and property from the beneficiary’s creditors. [read post]
8 Mar 2024, 9:05 pm
She asserts that both parties want to develop a plan that will repay creditors. [read post]
8 Mar 2024, 1:52 pm
Quantitative Strategies Group, LLC (Application for bank execution to satisfy domesticated judgment against defendant; motion for exemption from execution pursuant to statute ((Supp. 2022) § 52-367b); claim that plaintiff judgment creditors executed on bank accounts that did not belong to defendant; § 52-367b; determination of interests pursuant to statute (§ 52-356c).) [read post]
8 Mar 2024, 9:04 am
Over-median individuals take test-part 2 The second part of the means test looks at your expenses in an attempt to calculate what you have available to pay unsecured creditors, according to Congress’s formula. [read post]
8 Mar 2024, 6:30 am
Curtiss, and Ele Klein, Schulte Roth & Zabel LLP, on Tuesday, March 5, 2024 Tags: De-SPACs, Final Rule, IPOs, SEC, SPACs, Special purpose acquisition companies, Underwriting Creditors, Shareholders, and Losers In Between: A Failed Regulatory Experiment Posted by Albert H. [read post]
8 Mar 2024, 6:30 am
Curtiss, and Ele Klein, Schulte Roth & Zabel LLP, on Tuesday, March 5, 2024 Tags: De-SPACs, Final Rule, IPOs, SEC, SPACs, Special purpose acquisition companies, Underwriting Creditors, Shareholders, and Losers In Between: A Failed Regulatory Experiment Posted by Albert H. [read post]
7 Mar 2024, 6:12 pm
Bankruptcy may require you to liquidate certain assets to repay creditors, depending on the type of [read post]
6 Mar 2024, 12:32 pm
Qoins customers would make deposits to custodial accounts; Qoins would make payments to creditors and then reconcile deposits and payments. [read post]
6 Mar 2024, 10:38 am
To sum it up, potential drawbacks are that a trust: Can be costly to set up Requires careful record keeping, especially after death May complicate borrowing situations like a home refinance Does not protect against creditors or lawsuits May carry potential tax burdens In spite of the potential disadvantages or limitations, trust-based estate plans have become incredibly popular in California and are a suitable choice for most homeowners. [read post]
6 Mar 2024, 7:50 am
The only 90 day rule in bankruptcy applies to creditors, not debtors. [read post]
6 Mar 2024, 6:20 am
A bulletproof trust is an irrevocable trust that prevents any creditor remedy from getting trust assets. [read post]
6 Mar 2024, 5:12 am
Protecting Your Assets Real estate is a valuable asset that should be protected from potential creditors and lawsuits. [read post]
6 Mar 2024, 3:04 am
(B) Segregation of client digital assets AIs should: Hold client digital assets in separate client accounts segregated from the AI’s own assets to protect them from the AI’s creditors in the event of insolvency. [read post]
5 Mar 2024, 10:50 am
However, remember that revocable trusts do not protect assets from creditors. [read post]
5 Mar 2024, 10:01 am
Claims Against the Estate: Situations where creditors or lawsuits are involved. [read post]
5 Mar 2024, 6:31 am
Posted by Albert H. [read post]
