Reese Serra’s Answers

Reese Serra

Rochester Hills Business Attorney.

Contributor Level 13
  1. What are the current death and tax obligations for Michigan?

    Answered about 1 year ago.

    1. Reese Serra
    2. David B. Carter Jr.
    3. Daniel J. Melican
    4. Philip Anthony Fabiano
    5. Christian K. Lassen II
    6. ···
    8 lawyer answers

    Contact an attorney or CPA. You still have time to file so no rush. Best regards, Reese Serra

    9 lawyers agreed with this answer

  2. What happens to the bail money after, a person has been deported ?

    Answered 4 months ago.

    1. Reese Serra
    2. Howard Woodley Bailey
    3. Jeremy Stephen Letnick
    3 lawyer answers

    I agree with Howard. Contact a local attorney ASAP.

    5 lawyers agreed with this answer

  3. If i am at fault for accident but other person has no insurence at time of loss can i counterclaim.

    Answered almost 2 years ago.

    1. Christian K. Lassen II
    2. Reese Serra
    3. Joel B. Sklar
    4. Daniel G. Romano
    5. Kevin Coluccio
    5 lawyer answers

    No.

    5 lawyers agreed with this answer

  4. Running my business off of my income?

    Answered about 2 years ago.

    1. Reese Serra
    2. Jefferson W. Boone
    3. Yolanda Navarrete
    3 lawyer answers

    I agree with Yolanda. This sounds like a scheme to defraud the Federal Government. - Reese Serra

    4 lawyers agreed with this answer

    1 person marked this answer as helpful

  5. If I was awarded 1 million in economic damages an 3 million in non economic damages will I get it all?

    Answered 2 months ago.

    1. Reese Serra
    2. Andrew Y. Kim
    3. Christian K. Lassen II
    4. James Otto Heiting
    4 lawyer answers

    This is a complex question. Assuming the Defendant is collectible, you will receive your entire economic damages. In Michigan there are limits on non-economic damages for medical malpractice: The state places a $280,000 cap on non-economic damages. This cap is adjusted annually for inflation.However, in some cases (i.e., hemiplegic, paraplegic, or quadriplegic due to brain injury or spinal cord, or permanently impaired cognitive injury) the cap is raised to $500,000. I would contact a...

    4 lawyers agreed with this answer

  6. My son purchased a house on land contract last yr. He put $11,000 down and has been paying the monthly for a yr. He wants out

    Answered about 1 year ago.

    1. James P. Frederick
    2. Reese Serra
    3. Brook McCray Smith
    4. Robert E. Harris Jr.
    4 lawyer answers

    The land contract would have to be reviewed. In any event, if the land contract contained a forfeiture clause, the property could be forfeited back to the vendor. This is a complex matter and you should contact a local real estate attorney for consultation. Best of luck to you and your son in life and business. RS

    4 lawyers agreed with this answer

  7. 1120S

    Answered about 1 year ago.

    1. Reese Serra
    2. Ronald J Cappuccio
    3. Robert E. Harris Jr.
    3 lawyer answers

    This question was asked twice. Please confirm with a CPA. You should always pay your taxes. Best of luck, RS

    4 lawyers agreed with this answer

  8. 1120S

    Answered about 1 year ago.

    1. John P Corrigan
    2. Reese Serra
    3. Robert E. Harris Jr.
    3 lawyer answers

    Confer with a CPA. You should always pay your taxes. Best of luck, RS

    4 lawyers agreed with this answer

  9. Will an intentionally defective grantor trust also provide asset protection for our home?

    Answered over 1 year ago.

    1. Donald B. Lawrence Jr.
    2. Reese Serra
    3. David B. Carter Jr.
    4. Kenneth V. Zichi
    5. Michael Leo Potter
    5 lawyer answers

    The answer is yes but this is too complex to answer in this forum. - Reese Serra

    4 lawyers agreed with this answer

  10. Leaser died and the final payment is due on a 6 month lease and18 yr. old daughter wants the final payment what do i do?

    Answered over 1 year ago.

    1. Reese Serra
    2. Cheryl Rivera Smith
    3. James P. Frederick
    3 lawyer answers

    You still have to pay your rent. In Michigan death does not invalidate a lease contract. That being said, she shouldn't be threatening you but that is not a valid reason to withhold rent. Best of luck - Reese Serra

    4 lawyers agreed with this answer