Archived
My mother has 350k in assets and has long term care policy. how much can she give children annually without penalty in MN
Michael's answer
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Answered on November 21, 2012
There are a couple of angles to look at here. One is the current 'Gift Tax' exemption amount (per person). The other is 5-Year 'Look-Back' period...
Archived
Wedding venue holding back deposit for broken statue, but provided no evidence of its value.
Michael's answer
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Answered on November 21, 2012
The $2000 deposit was for any damage that might be done. Have a Business Law attorney in your jurisdiction look over the venue contract and see...
Archived
I live in California and own a home here. The home is worth about $950 K and I I make payments to my Father.
Michael's answer
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Answered on November 21, 2012
You should act quickly. The Estate & Gift Tax law changes very dramatically and you don't want to have this transaction 'still pending' when the...
Archived
What should I do company is totally ignoring my claim
Michael's answer
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Answered on November 21, 2012
Your insurance company has a fiduciary obligation to deal with your claim. If not you make have a 'Bad Faith' case against them. I'd seek legal...
Archived
When you give ernest money deposit and then sign a contract does the seller have the right to accept another offer
Michael's answer
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Answered on November 21, 2012
The Seller can accept your offer but is not required to per say. Your earnest money is a sign of your sincerity and commitment. If you don't want...
Archived
Can we operate this kind of nightclub in Oklahoma?
Michael's answer
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Answered on November 21, 2012
Everything will be determined by Zoning and Licensing for your jurisdiction. I recommend consulting with a Business Law attorney licensed to...
Archived
If I form a single member LLC do I have any protection at all from a charging order?
Michael's answer
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Answered on November 20, 2012
The state of Nevada is the ONLY jurisdiction that requires the Sole-Remedy law to be applied wherein you are protected by the Charging Order being...
Archived
How can I get myself off as cosigner for a car?
Michael's answer
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Answered on November 16, 2012
You need to speak with a Criminal Defense attorney in your area to protect yourself. Look on Avvo.com under 'Find-A-Lawyer'. Do it right away. ...
Archived
Mother 77yrs blind was suppose to be a co signer for a automobile income is 52.00 a month relative piggybacked loan in her name.
Michael's answer
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Answered on November 14, 2012
This is DEFINITELY 'Elder Abuse'. Report it to the Police (file a report) and to the State agency in California that handles Elder Abuse Cases ---...
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Archived
Obamacare, Papa John's Pizza and 'work hours'?
Michael's answer
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Answered on November 13, 2012
Part of the reason millions and millions of business owners (the job creators) are reluctant to hire new employees and why many are now considering...
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