Dear Clients and Friends, The company behind the most widely-used credit score in America has announced three major changes to how it calculates consumers’ scores – and they should potentially help millions of people to get a better rate on a mortgage. The so-called FICO … [Read more...] about Improved rules for credit scores will help borrowers with mortgage rates and more
Banking and Finance Law
Dear Clients and Friends, Permit me to share some success we have had recently with some complex litigation matters. Cases such as these are not routine and knowing that we have experience and success in these matters may be of help to you. The common denominators of these … [Read more...] about Success in Complex Litigation
Dear Clients and Friends, Estate and Gift taxes are integrated in their computations, they change almost annually and an FAQ for us is: "Ron, how much are the taxes on gifts and at death for me, my Mom..., and how can I avoid or at least minimize them." This link is a good to … [Read more...] about Estate Planning and its tax benefits
Dear Clients and Friends, The below link is to a recent AP article on the current status of the IRS. http://hosted.ap.org/dynamic/stories/U/US_TAX_ENFORCEMENT?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-04-13-11-22-52 Yes, there is "good news" for … [Read more...] about IRS has new woes – but they’re still your foes.
In its essence, community property law recognizes the equal contribution of both parties to a marriage even though one or the other may earn more income. Having been on both sides of this idea for more than a few decades, I do endorse its fairness. This is especially so … [Read more...] about Community Property Basics
Various types of bank accounts held in the name of a single individual or entity have the virtue of simplicity, and the added bonus that the accountholder does not have to wait to make decisions until after a consensus has been reached with others. But sometimes other … [Read more...] about Careful Whom You Add to Accounts