When you order something online and want to trace your shipment, don’t you just despise it when it says, “At the Northeastern Regional Facility”? It almost seems as though they would like you not to know where your package is. Similar messages can be seen when tracking USPS mail since Continue Reading
All About Constructive Trust
Not all property rights are distinctly defined. Depending on the situation, a person who does not legally own property may occasionally be able to benefit from it. The increase in income may be attributed to financial contributions to the purchase price or mortgage, as well as additional expenses like home Continue Reading
Can a Contractor Sue for Non Payment without a Contract
Can a contractor sue for non-payment without a contract? The response to this query will change depending on the circumstances. Without a formal contract in existence, contractors may be able to sue in certain situations, but in other situations, this will not be possible. You might eventually come across a Continue Reading
Alabama Quit Claim Deed: How It Works
A quit claim deed in Alabama is a type of deed that transfers to a new owner all of the existing owner’s interest in real estate in Alabama. The current owner’s stake at the moment is transferred to the new owner, and nothing more. The receiver listed in the quitclaim Continue Reading
Percentage Lease: Meaning and Example
As a landlord or tenant in commercial real estate, you can choose from various lease arrangements. One kind of lease is called a percentage lease. This page explains the percentage leases, including their operation, and other important information that commercial landlords should know. A Percentage Lease, Then, Is What? In Continue Reading
Can a Trustee Be a Beneficiary?
Trusts allow you to manage, safeguard, and distribute assets under your own set of instructions, making them an essential component of estate planning. The duties of the trustee and beneficiary are fundamental to any trust. ‘Can a trustee be a beneficiary of the same trust?’ is a commonly asked subject Continue Reading
What Is a Slat: Advantages, Disadvantages & Effects
Spousal Lifetime Access Trusts (SLATs) are gaining popularity due to potential reductions in the historically high federal estate tax exemption. A spousal access trust (SLAT) is a legal arrangement that allows individuals to transfer assets from their estate while maintaining spousal access. This can be especially helpful for wealthy couples Continue Reading
Drunk vs High: Is There Any Difference?
It can be challenging for the general public to identify drug or alcohol abuse. It is even more difficult to distinguish between someone high vs drunk. However, why is the distinction important? Addiction to drugs and alcohol are distinct condition with associated hazards. For instance, abusing marijuana may increase a Continue Reading
Crummey Letter: All You Need to Know
Crummey trusts are a helpful estate planning strategy for wealthy people who want to reduce their gift and estate taxes. Although it isn’t meant to be employed, the Crummey power gives the trust’s beneficiaries the ability to remove assets. Rather, its purpose is to allow presents that aren’t eligible for Continue Reading
THC O vs Delta 8: What’s the Difference
Two cannabinoids generated from hemp include THC-O and Delta-8. While they both have comparable effects and a variety of therapeutic and recreational applications, they differ in a few significant ways. THC-O vs Delta-8 differ mostly in their legal status. While Delta-8 is either illegal or in the process of becoming Continue Reading