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15 Mar 2024, 8:41 am by Ronald Mann
” The statute does not define the term directly, though it does specify that it includes “the debtor, the trustee, a creditors’ committee, [and] a creditor. [read post]
15 Mar 2024, 4:57 am by Bob Kraft
Probate lawyers often mediate disputes and serve as a point of contact for beneficiaries, creditors, and other parties with interests in order to reduce delays and speed up the probate process. [read post]
14 Mar 2024, 9:23 am by Law Offices of Daniel A. Hunt
There are also many types of irrevocable trusts which can offer benefits like reducing estate taxes and creditor protection. [read post]
14 Mar 2024, 9:20 am by Scott Riddle
If there is sufficient equity in the property, the Trustee will probably sell it for the benefit of creditors or settle with the Wife for the estate’s interest in the equity. [read post]
14 Mar 2024, 4:05 am by Family Law
From the ABA Journal: An Iowa lawyer has received a two-year suspension for helping a client hide money from creditors and for "furtively" inserting a provision into a custody agreement. [read post]
13 Mar 2024, 9:05 pm by renholding
Advocates of the privilege view argue that, even if contractual creditors would agree to make their claims non-recourse, they would do so only in exchange for an appropriate increase in the prices they charge the corporation; for involuntary creditors, there is no analogue. [read post]
13 Mar 2024, 12:58 pm by Unknown
Some may argue that by reflecting the brand as ZERO they deter potential creditors from seeking to bankrupt the company and secure the trade marks or other IP at auction at some time in the future, but this is misguided. [read post]
13 Mar 2024, 10:41 am by Richmond Cariaga
Notification of Creditors: After being appointed, the personal representative must notify all known creditors of the estate. [read post]
13 Mar 2024, 8:37 am by Thomas W. McCulloch
The asset protection trust keeps your money out of the hands of creditors, which can be beneficial if you owe a debt to one or multiple parties. [read post]
13 Mar 2024, 12:15 am
   The trustee claimed that California's relationship  was more significant because of the location of the corporation's property, the number of California agencies that are creditors, and the existence of a multimillion dollar judgment for environmental violations in California. [read post]
12 Mar 2024, 6:06 pm by Walker & Walker Law Offices
This process, known as garnishment, legally obligates your employer to comply with the creditor’s request. [read post]
12 Mar 2024, 1:19 pm by Kevin LaCroix
Firms will be required to report assets under management, withdrawal and redemption rights, gross and net asset values, inflows and outflows, borrowings and types of creditors, and fund performance. [read post]
12 Mar 2024, 7:50 am by jaxlawcenter
Meeting of Creditors A critical stage in the bankruptcy process is the meeting of creditors, often referred to as the 341 meeting. [read post]
11 Mar 2024, 6:48 pm
There can be unintended tax consequences, creditor and liability exposure for the child, challenges with distribution to other heirs after the parent's death, and more. [read post]
11 Mar 2024, 7:00 am by Rania Combs
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 by Robert Kraft
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]