Archived
Does a public corporation have the right to switch from one 401(k) provider to another without approval from employee investors?
Clayton's answer
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Answered on February 23, 2013
Yes the public corporation has the right to switch 401(k) providers without asking or approval of employees; unless, the employees have made that...
Archived
I signed a contract with a book publisher in August 2012, and I haven't heard from them since. What can I do?
Clayton's answer
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Answered on February 23, 2013
Take your contract to a local business attorney and have them read and review the contract. They can advise you of your rights and remedies as...
Archived
If I'm going to notify parents that board members have misused our PTA's funds , do those board members have to be present ?
Clayton's answer
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Answered on February 23, 2013
No, they do not need to be present. You could certainly invite them and demonstrate your desire to be fair and factual in your statements. You...
Archived
I have a dissolved business that was just contacted by an outside auditor-- I was paid twice for services in 2010. What do I do?
Clayton's answer
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Answered on February 23, 2013
Closing up shop on a sole proprietorship does not stop your personal liability for claims against the business. The work was performed in the...
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Real Estate Taxes
Clayton's answer
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Answered on February 23, 2013
Maybe. The foregiveness of indebtedness is a reportable event to the creditor. They are required to issue the 1099. Form 982 is used to report...
Archived
Can I be evicted from a property that I do not live at? I moved out 10 months ago!
Clayton's answer
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Answered on February 23, 2013
The court calls evictions Forcible Entry and Detainer actions in Alaska. It is a two part proceeding. The first part concerns who is entitled to...
Archived
There was a fire in our apartment that left us without gas, electricity and heating. Who is responsible for losses?
Clayton's answer
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Answered on February 23, 2013
They could be responsible. When you have to assert claims against these other parties you bear the burden of proof of their liability and your...
Archived
How to remove a co - owner from a newly formed LLC ?
Clayton's answer
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Answered on February 22, 2013
You can file a change of officials record with the state. It will list who the new members and their percentage of ownership. In Alaska there is...
Archived
Bank account is overdrawn. Can they take money out of co-owner's account?
Clayton's answer
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Answered on February 22, 2013
Yes, it is called offset. Banks can offset their claim against you with any other assets held by them and owned by any other account signer on the...
Archived
Will a notarized contract of sale hold up in court
Clayton's answer
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Answered on February 22, 2013
Are they suing you to collect the taxes, or are they suing you to foreclosure their tax lien on the property. The title report may show that your...
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