No, the retainer Agmt is just notifying the parties that the client MAY have a right to arbitrate, probably on the basis of state law governing...

Is an arbitration clause binding?

Another law school homework Q. Ask your law prof.

Promissory Notes

You should just use a straight garden-variety promissory note due in 12 or 18 months. Then she must repay regardless of any contingency. You...

Tax problems with claiming children?

Generally the custodial parent (you) can claim the child of a marriage, unless there is a court order stating that someone else can claim her or if...

My parner and i are having problems and i am the vice-president i want to desolve the parnership with him but he says i can't

First, read your partnership Agmt. If that doesn’t cover it, you must go to state law. Generally a 50% partner can dissolve the ptsh. If FL law...

About a year ago I gave my son a $30,000 loan to start a business. He will not pay me back. He is LLC can I put lein on business

To put a lien on it, you would have to file suit. I recommend that you write it off to love and affection. Send him a bill, but don’t sue unless...

Can someone tell me which type of life insurance is generally better,Term or Universal? Is my insurance Agent trustworthy?

Neither one is “better.” It’s just a question of which fits your needs better. Term insurance is just pure insurance. It’s the cheapest but if...

What is best way for retiree to purchase 2nd home prior to selling 1st home -- using 401K funds or trying to get a mortgage?

Have you looked into getting a swing loan from your bank? This is a short term loan with proceeds used to buy 2nd house first. Then when 1st...

It’s not a crime to purchase a life insurance policy on someone as long as the person has an insurable interest in the insured (you), even if he...

California law legal insurance required for book publishers

1. You would need a specialist in publication law for a definitive answer on the requirement. My educated guess is no, based on the current...