While most Americans think of a full-time job as working 40 hours a week, the differences between full-time and part-time aren’t legally defined – at least, not federally. The Affordable Care Act (ACA) does define a full-time job as someone who works 30 or more hours per week; how...
Other than how they are funded, spousal IRAs often have the same rules as "normal" IRAs. The spouse whose name is on the IRA legally owns the funds in the account, even if they were not the person who funded the account. The spousal exception defines how contributions can be made. Unde...
If you accept a bill exchange, you are acknowledging your acceptance to the agreement with the person that had the bill drawn. Legal Elements of Acceptance For an acceptance to be legally valid, it must meet specific criteria: Clear Communication: The acceptance must be communicated effectively ...
was established in 1961. Its main purpose was to streamline the process of certifying the authenticity of documents, such as birth certificates, marriage licenses, and business contracts, for use in countries that are party to the convention. Under the convention...
evidence contradicts their current account. These strategies may cause an innocent person to doubt themselves. Some of the most intense legal interrogations lasted longer than 24 hours. People who are innocent but struggle to take the pressure may admit to a crime they didn't commit for this ...
Yes, he'll get the monthly checks. But you'll control the registration of his contract and whether or not he is legally authorized to transfer it to a third-party. As owner, you will be responsible for the taxes on your son's annuity income. However, you can pass this obligation ...
services agreement, a master promissory note allows both parties to agree to a set of terms that will govern multiple loan agreements. This type of promissory note is commonly used for student loans, where multiple loans are expected to be taken out over a relatively short period of time. ...
custodial accounts have some tax advantages known as thekiddie tax. The IRS considers the minor child the owner of the account, so the earnings are taxed at the child's tax rate up to a certain point. Every child under 19 years old—24 for full-time students—who files as part of thei...
and interest from thirsty wine drinkers looking for a wine with fruit and good alcohol punch that's affordable for more than special occasions. That's the conflict – Amarone hasn't ever been considered a daily wine; Ripasso fits that bill. But they both need each other, legally and economi...
Amy, a renter, hosted a gathering at her apartment. Unfortunately, one of her guests slipped and fell, resulting in injuries. Amy was held legally responsible for the medical expenses and legal fees. Thankfully, her renters insurance covered the liability costs, protecting her from significant fi...