Legal Specs

Definition 1

A portion of the principal, or profits, divided among several
owners of a thing.

2. The term is usually applied to the division of the profits arising out
of bank or other stocks, or to the division, among the creditors, of the
elects of an insolvent estate.

3. In another sense, according to some old authorities, it signifies one
part of an indenture. T. L.

Posted on 16 Sep 2008

Instance of Medical Malpractice in New York unfortunately occur at an alarming rate. This is partially due to the insurance wars between practitioners and insurance companies. The fact of the matter is that practitioners are claiming that insurance rates in New York are so high, that they ...

Posted on 22 Aug 2008

Winning in the Court of Public Opinion

By Wade Moriarty


O J Simpson, Michael Jackson, Anna Nicole Smith, Enron, Andrea Yates. Cases are not being fought just in the courtroom any more. To the contrary, more disputes than ever are tried publicly through th...

Posted on 09 Jul 2008

Nicosia, 27 June 2008 - Cyprus is one of the most advantageous places of residency for Russian and Ukrainian companies. It offers a high level of banking, auditing, accounting and legal services, as well as its real estates, which developed Cyprus into a successful international business a...

Posted on 24 Jun 2008

We look down on the Romans. Oh sure, they set up the largest Empire that Europe has ever known, and their city state lasted for over 800 years, which is about four times the length of time that the United States of America has been in existence. But, on the other hand, they collapsed. They...

Posted on 14 May 2008

Happy Is as Happy Does: Mortgage Interest Deductibility & the GAAR

(Tuesday, February 19, 2008 ) - Nicole Ewing

Happy and Snitty ...

Posted on 30 Mar 2008

With the amount of different policies in the Life Insurance market, you probably aren't aware that there are just 4 main types. They will vary from company to company and state to state, but, on the whole there are four defined types of Life Insurance policies. These are:

Posted on 14 Aug 2007

Washington State uses a standard formula and support schedule to calculate child support obligations. A McKinley Irvin Seattle child custody lawyer can easily explain the formula and how it applies to your case. In order to use the formula, the court looks at only the parent's income; ho...

Posted on 26 Jul 2007

Once you register a corporation in your state, you must go ahead and capitalize it. This raises a host of questions regarding the best way to do it and potential risks of getting it wrong.

First things first. Any discussion of capitalization needs a disclaimer. Every state se...

Posted on 27 Jun 2007

It goes without saying that the LLC is the media darling when it comes to choosing an entity for small businesses. In some cases, however, an LLC is at a disadvantage compared to an S Corporation.

Originating in the late 1970s in Wyoming, Limited Liability Companies have rise...

Posted on 27 Jun 2007

Copyright (c) 2007 John Fraker

One of the most important issues facing the Owners of a new business ? or the owners of an existing sole proprietorship or partnership who desire asset protection - is how to choose the right entity for their business.

Like many area...

Posted on 12 Apr 2007

Results of Failing to File Your IRS Returns. If you have late tax returns, you face several possible bad consequences:

� Penalties. If taxes are owed, a delay in filing may result in penalty and interest charges that could increase your tax bill by 25 percen...

Posted on 09 Feb 2007

More than a few people prefer to form corporations to protect their businesses, but look for a more favorable tax situation. The answer, of course, is the S-corporation.

For a long time, corporations were the dominant business entity available to most business. With their ri...

Posted on 03 Oct 2006

There are probably over 10 pages and in some bigger cities maybe over 20 pages of personal injury attorney listings in any given phone book. So, how do you pick the right one for your case?

Personal injury cases are a serious matter. They sometime involve big compensations. Vi...

Posted on 12 Aug 2006

Copyright 2006 Ronald Hudkins

It isn't just the US Government waiting out there to grab a chunk of your hard earned estate when you become incapacitated or die. Strangely enough, state coffers are frequently enlarged through the mechanism of Medicaid. When someone requires lo...

Posted on 20 May 2006

Copyright 2006 Ronald Hudkins

Not too many years ago life insurance was considered to be the indispensable platform upon which all other estate planning efforts should be based. In fact, for those in the median and lower income ranges, it was often the only recognized method ...

Posted on 09 Nov 2005

DESTINATION INDIA


A LEGAL SYNOPSIS


By:

Alishan Naqvee
LexCounsel, Law Offices, New Delhi
E-mail: anaqvee@lexcounsel-india.com








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Posted on 25 Sep 2005

Following an accident you'll hear a person say that they don't need to see a personal injury lawyer, TOO expensive! In this article we will set out for you some reasons why NOT seeking, at minimum, a consultation with an accident lawyer could end up costing you a lot of money!

...

Posted on 10 Aug 2005

For many small businesses, the "S" corporation is the business entity of choice. The "S" in S corporation refers to a tax designation. All corporations are created the same way under state law. A small business must then chose a tax status, to wit, "C", "S" or non-profit. Important issues ...

Posted on 31 Dec 1969

Every state has an unclaimed property department of some sort. This is where uncashed checks, forgotten bank accounts and other "abandoned" monies go. The idea is simple enough; if money or other things of value are not claimed, they are turned over to the state government for protection. ...