“Domestic Partner” means your spouse or domestic partner who lives in the same Permanent Residence. “Family Member” means your child, Domestic Partner, brother, sister, father, mother, stepchild, step-brother, step-sister, step-parents, legal guardian, foster child, ward or legal ward. “...
This type of insurance covers the costs associated with another person’s injuries or death in an accident that you caused, up to the policy’s limits. $30,000 in bodily injury liability per accident. $5,000 in property damage liability per accident. This type of coverage addresses property...
-up in tax basis. However, this safety net only applies to a principal residence and not any other assets (i.e., a second home, stock, etc.). But oftentimes, even with the possibility of using both IRC sections 121 and 1014, there is still not enough to save a surviving spouse from...
Employers with 5 or more employees must provide up to 5 days of unpaid bereavement leave for an employee within three months of the death of a family member. This is an amendment to the CFRA. If you already offer, say, paid leave of three days, you must offer the additional two unpaid...
As the old saying goes, nothing in this world is certain except death and taxes. As an American, you likely have an obligation to pay income taxes to federal and state governments on an annual basis. As dual licensed Tax Attorneys & CPAs, we understand that circumstances sometimes cause ...
In general, neither spouse will realize any capital gain or loss or other tax consequences from receiving or giving up property in a divorce decree. But if you later sell property that you received due to divorce, you'll then have to pay taxes on gains, based on the original tax basis ...
If you are going through a divorce, can you predict every step of the way what your spouse will state, do and what positions your spouse will take on different issues? Can you guarantee it? The answer is obviously no. And that no is why nobody can predict the cost. ...
To say this is a sad story is an understatement in so many ways. My friend cold have never foreseen the untimely death of her spouse. But it happened. She also couldn’t foresee having to pay creditors for her spouses debts, but it happened. She also couldn’t see being cut off from...
The ability of the paying spouse to support themselves while making payments Tax consequences of the palimony payments In California, palimony payments are typically made on a monthly basis, although they can also be paid in a lump sum or some other periodic arrangement. There is no set duration...
Patel said another basis to dismiss the suit was that it was filed just 28 days before Election Day and that trying to alter the system now would result in “extreme prejudice” to would-be voters and election administrators. “Defendants are busy with myriad tasks in ...