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Legal Systems

Iowa Estate Tax Laws

As with most legal systems covering income taxes, the laws covering Iowa estate tax payments tend to be more than just a little confusing. When a person dies, they fall into one of two categories, those who leave a will that instructs the named executor how their possessions and monies are to be distributed and those who do not. In the event that there is no will, the state determines how the property will be distributed. In either case, it is important that you are aware of the fair market value of all properties. This is because in Iowa, estate tax payments are based on this value....(more)

Understanding Arbitration Vs. Litigation

As anybody who has already faced legal costs may know, litigation is an expensive process. Depending on the nature of the case, it can also take a significant amount of time. It is for this reason that a growing number of people are choosing arbitration. While arbitration costs less and usually covers a shorter period of time, it is not always suitable. Looking at arbitration vs. litigation can help you determine which works better for you....(more)

Understanding How Bankruptcy Works

Millions of people in America struggle to pay all their bills. The bigger the family the harder it becomes, especially when jobs become fewer and fewer and income continues to shrink. Sometimes people cannot keep treading the water and have to turn to extreme measures. They look for help anyplace they can and the legal system of this country sometimes has their only hope....(more)

Common Questions about Changes to Maryland Domestic Partnership Rights

Back in 2012, the state of Maryland voted that same-sex marriages should officially be recognized. In response to this change, it was recently announced by the state's governor, Martin O'Malley that unmarried same-sex partners of several hundred state employees within the state would no longer qualify for health insurance benefits. Same-sex couples are now required to get married within this state in order to qualify for these benefits. There are several common questions that many people have asked since this change in Maryland domestic partnership benefits was first announced....(more)

Careers and Education

Is Working For a Boutique Law Firm For You?

Finding a job after law school can be difficult. There are many career options in the legal fields, one of which is a boutique law firm. These specialty firms are popular choices for experienced lawyers, and are a great place for those passionate about a cause to get their careers started. Whether you are thinking of working for one, or starting your own, knowledge is important in making a decision....(more)

The Basics of Capital Expense

A key term to know when pursuing a legal career is capital expense. Knowing the difference between regular expenses and capital expenses is incredibly important. It determines what deductions can be accounted for on tax reports. This topic ought to be included in any legal education....(more)

5 Things You Must Include in an Employee Earnings Record

An employee earnings record is a time-consuming and difficult statement to manage. It is filled with comprehensive tax and benefits information that is vital to the employee's own record keeping. If you have the time and want to save money, much of the right information can be found on the IRS' website. Another option is to hire a payroll company to manage the data for you, and ensure payments are made to the right agencies at the right time. These payroll companies can generate reports for you so you can stay up-to-date on all the important information regarding your company....(more)


Estate Planning for Women

There are many things that are unpleasant to think about. Perhaps the most unpleasant topic is death. However, it does become necessary to begin planning your estate. Furthermore, it is very important for women, who may feel especially reluctant, to do so....(more)

The Facts About Inheritance Tax in Oregon

Oregon is one of only a few states that impose a death tax. This tax is known as the Oregon Estate Transfer tax, although it was previously known as the Oregon Inheritance tax. Residents of Oregon, or people who own property in Oregon, will have assets that are subject to estate tax if those assets are of significantly high value. Knowing about state laws can help you to prepare for this sort of situation; however, it is important to be aware that laws change frequently. You should seek advice from a lawyer to ensure that you have all the latest facts to work with....(more)

Asset Protection Options: Revocable Living Trusts

Revocable living trusts are one of the ways many people secure the future for their families and loved ones. They allow financial security and play a very important role in the lives of those who benefit. Planning ahead with a revocable living trust may be the best thing for you as well as your loved ones at your time of death....(more)