The drama surrounding Obamacare has not even begun to dwindle down. Recent news show that two federal appeal court rulings have conflicting rulings regarding the legality of Obamacare subsidies.
A three-judge panel of the U.S. Court of Appeals for the District of Columbia ruled 2-1 that the IRS wrongly extended subsidies to those purchasing health insurance through HealthCare.gov. This conflicts with the Fourth Circuit Court of Appeals ruling on the same day of a similar case that upheld the Obamacare subsides.
The ...Continue Reading →
The famous Donald Sterling vs. Shelly Sterling case hasn’t left the headlines since videos of Donald Sterling making racist remarks surfaced. Testimonies of the probate trial concluded this week and closing arguments are scheduled for Monday, August 4th. Closing arguments may help resolve Shelly Sterling’s impending $2 billion sale of the Los Angeles Clippers. Shelly is intends to sell the popular NBA team to former Microsoft CEO Steve Ballmer.
Judge Michael Levanas informed both attorneys that their time would be best ...Continue Reading →
Are you one of the many individuals faced with saving for your own retirement while figuring out your aging parents’ estate planning at the same time? While the morbid thought of what to do with your parent’s assets after their passing is the last thing you want to think about, it is imperative to avoid future issues. Ease both your and your parents’ worries by starting the conversation about estate and healthcare planning as soon as possible. Compiled are guidelines ...Continue Reading →
Appointing a trustee or executer to your will or trust is an important decision that requires careful planning and execution. Often, appointing a family member causes turmoil and a family war after your sudden passing. While you want to appoint someone you trust, it is equally important to assign someone with experience and knowledge to this vital part of your life. Before appointing your oldest son with no financial experience, take these helpful tips into consideration:
When appointed as a trustee or executor of a trust, you take on many responsibilities. Your goal is to always act in the best interests of the trust holder. While your main duty is to protect the assets of the trust, you most likely won’t just be sitting on those assets. It is important to diversify the assets while preventing losses and encouraging modest gains. If you have been appointed as a trustee and your experience is minimal, you may ...Continue Reading →
What is the most outrageous lawsuit you’ve ever heard of? This has to top the charts!
Sixty-two year old, Anton Purisima is suing a long list of defendants over a dog bite filed in New York. Anton is suing multiple defendants including the City of New York, Au Bon Pain, and Kmart. Anton is requesting more money in the lawsuit than what exists on planet Earth. Representing himself with a hand-written lawsuit filed in a Manhattan federal court, he is seeking ...Continue Reading →
Have you ever had a quarrel with a friend or past roommate and immediately claimed you were going to sue them? While legal matters are always serious, many people think suing another person is the only solution to resolving an issue. Lawsuits require time, money, and patience. Lawsuits are not a quick, easy fix to an issue but the last resort to a problem that is unable to be resolved peacefully. We have gathered a list of the top 5 ...Continue Reading →
Appointing responsible beneficiaries for all of your bank and brokerage accounts can help you avoid probate court. Doing this can help you save thousands of dollars.
Estate planning is not just for average Joes but Oscar Winners as well. Many lessons can be learned by analyzing the estate planning methods of celebrities. Five Oscar Winners provide helpful insight into important estate planning tips: