“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-brothe
-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...
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...
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...
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 ...
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. Asdual licensed Tax Attorneys & CPAs, we understand that circumstances sometimes cause you...
patent or other intellectual property rights, property damage, or death or personal injury arising out of or relating to a Contestant’s entry, creation of an entry or submission of an entry, participation in the Competition, acceptance or use or misuse of the Prize (including any travel or ...
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. ...
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 ...