Questions Regarding Obamacare Subsidies

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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 ...

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Donald Sterling vs. Shelly Sterling Case Update

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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 ...

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Guidelines to Ease the Estate Planning Conversation

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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 ...

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Choosing an Executor or Trustee

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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:

  • Does your estate require ongoing ...
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Protect, Invest & Allocate a Trust

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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 ...

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World’s Largest Lawsuit

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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 ...

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5 Jaw Dropping Lawsuits

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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 ...

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Avoid Probate Court By Appointing Beneficiaries

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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.

  1. No matter how young you may be, you want your loved ones to have your money if the unthinkable were to happen to you. Whether you’re 18 years old or 60 years old, it is important that you inform the bank of who your beneficiaries are. A simple statement is all that is necessary to ...
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Estate Planning from Oscar Winners’ Experiences

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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:

  1. Phillip Seymour Hoffman – Be Creative with your will or trust; Despite popular belief, wills and trusts don’t only pass on your assets and finances. You can also pass your goals, values, and morals through your trust and will. Philip Seymour Hoffman included wishes ...
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Appointing a Trustee/Executer to your Trust

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When appointing an executor or trustee of your will or trust, it is important that you nominate someone who will not cause problems in the future. Many people choose to nominate one of their children or another family member but this often causes issues in the future after the death of a loved on. Often, death creates conflict between family members and if the trustee or executer of the will or trust becomes dishonest or uncooperative, issues arise. The last ...

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