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10 May 2023, 4:28 am
Treasury Regulation § 20.2031-5 provides that the “amount of cash belonging to the decedent at the date of his death, whether in his possession or in the possession of another, or deposited with a bank, is included in the decedent’s gross estate. [read post]
7 Feb 2006, 10:46 am
This document allows someone you name, called your attorney-in-fact, to manage your bank accounts, your real estate, sign things on your behalf and in general perform any act with relation to your property (as opposed to your person) that you could have performed if you were able. [read post]
16 Apr 2009, 4:17 pm
A malpractice suit has forced the estate to admit that it's got only $8.25 million (as we surmised a few weeks ago). [read post]
6 Dec 2010, 6:32 am
Since a textual construction would support AT&T Mobility’s position, this installment considers whether non-statutory sources of statutory intent and purpose may support a construction of the savings clause that supports the Concepcions’ position that the “equal footing” principle embodied in the savings clause is satisfied so long as the Discover Bank rule places arbitration agreements with class waivers on the same footing as contracts that bar class action… [read post]
17 Dec 2013, 2:03 pm
Banks, realtors, title companies, etc., correspondingly, all recognize Florida real estate held as “joint tenants with right of survivorship” as being the sole property of the surviving tenant when one of the owners passes away. [read post]
1 Mar 2017, 8:36 am
By far, the Mortgage Contingency Clause in a New York State Real Estate Contract is the most important, misunderstood, and litigated clause in residential real estate transactions and closings. [read post]
1 Mar 2017, 8:36 am
By far, the Mortgage Contingency Clause in a New York State Real Estate Contract is the most important, misunderstood, and litigated clause in residential real estate transactions and closings. [read post]
5 Dec 2018, 11:18 am
On November 8, 2018, the Federal Trade Commission (“FTC”) held a press conference to announce a lawsuit against what it claims is the largest real estate scam the FTC has ever encountered. [read post]
16 Jan 2016, 4:41 pm
The case is Morrison Estate, 2015 ABQB 769 (Canlii). [read post]
10 Oct 2013, 5:17 pm
Clark, Coleman, and Schwarz misappropriated millions of dollars in investor funds using the multitude of bank accounts they controlled. [read post]
30 Nov 2011, 11:01 am
A loan is not a gift; if you’ve spoken with a bank representative or a particularly pennywise relative. [read post]
1 Mar 2010, 10:07 am
The same tax is due on a $10,000 bank account as on a $10,000 oriental rug, and it is absolutely fair and just that it be so. [read post]
11 Mar 2016, 4:43 am
If you are not concerned about estate taxes, a revocable living trust can be a very useful estate planning tool. [read post]
20 Jul 2008, 5:16 pm
The same tax is due on a $10,000 bank account as on a $10,000 oriental rug, and it is absolutely fair and just that it be so. [read post]
16 May 2016, 10:01 am
You can do this, but you may also want to consider the utilization of a professional fiduciary entity such as a bank or a trust company. [read post]
20 Mar 2020, 2:56 am
Additionally, our team can advise clients on issues across different industries that may arise at this critical time, including: · HR and Employment · Insurance & Benefits Disputes · Business Litigation · General Corporate Issues · Cybersecurity, Data Breach, & Privacy · Family Law … [read post]
28 Feb 2019, 1:20 pm
In re Estate of Black, 125 Neb. 75, 249 N.W. 84 (1933). [read post]
20 Feb 2019, 1:04 pm
In re Estate of Black, 125 Neb. 75, 249 N.W. 84 (1933). [read post]
22 Jul 2011, 9:10 am
Related posts:New Nevada Laws Relating to Homeowners New Nevada Real Estate Laws Update Avoid Foreclosure with a Deed-In-Lieu? [read post]
18 Sep 2024, 10:28 am
Taxable Estate and Exemptions The taxable estate includes all assets owned by the decedent at the time of death, such as real estate, bank accounts, stocks, and personal property. [read post]