Money is almost always sent tl lawyer's trust account because condition of settlement is that dismissal of case be filed before funds are released to client. Lawyer puts money in trust. Check clears. Lawyer files dismissal. Lawyer sends final invoice with check to client. That is typical way it is done.
Technically, yes. However, I have not heard of the FTB pursuing the $800 minimum franchise tax fee against officers, directors or shareholders. This is probably because it would cost them at least that much to sue, with collection still questionable.
Taxes have to be paid on land and property. It is one tax bill, valuing both. You and girlfriend need to arrange to divide tax payments or else sell property. If she refuses, you can file action with court.
Take pictures of your car where you hit other car and wait. If other driver does nothing you do not have to do anything. If they make a demand for you to cover repair costs, have your shop give an estimate rather than the other driver's shop.
It sounds like a clever attempt to circumvent the usury laws. However, it should not succeed. The guaranteed $3000 per month return makes it more like a loan and less like a partnership. Any interest you pay can be recovered in a Complaint for Usury. You will still owe the $70,000.
Truth is an absolute defense to libel. You can act like a Jew without necessarily being a member of the Jewish religion. While some people might be offended by being called a Jew, others would be honored. In any event, you would have to be meshuggeneh to file a lawsuit like this.
We make sure there is a written agreement dealing with issues regarding management, income and expenses, duties, salary, termination of partnership, and similar issues. Better to have agreement you never refer to, than to have a dispute with no means of resolution.
Tax laws have been changed to protect foreclosed homeowners from paying taxes on the so-called "profit" in not having to pay off the loan. You are safe to default this coming year under theMortgage Forgiveness Debt Relief Act of 2007.