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Some general tips for California law compliance: (1) do not include an expiration date on gift certificates or gift cards that are sold to consumers, and do not charge a fee after a certain “dormancy” period; (2) certificates and cards with a cash value of less than $10 must be redeemable for its cash value; and (3) none of these rules may be waived. [read post]
19 Sep 2015, 7:56 pm by Stephen Bilkis
" That does not mean, however, that the court must grant the petition to convert to unitrust, even in the absence of rebuttal evidence. [read post]
16 Sep 2015, 1:45 pm
Our target is a 10% profit range.■ What role is there for the agent (if any)? [read post]
4 Sep 2015, 6:30 am by Kyle Krull
For example, a $1 million piece of commercial real estate can be transferred for $500,000 in gift taxes inside the entity instead of its true $1 million value. [read post]
23 Aug 2015, 3:49 pm
  In answering that question, I am not unmindful of the adage that “public policy is an unruly horse” or of the admonition that public policy “should be invoked only in clear cases, in which the harm to the public is substantially incontestable, and does not depend on the idiosyncratic inferences of a few judicial minds”: Re Millar, 1937 CanLII 10 (SCC), [1938] S.C.R. 1,  [1938] 1 D.L.R. 65 [per Crocket J., quoting Lord Aitkin in… [read post]