Creditor Claims Against Retirement Assets Creditor claims is defined as written claim filed in federal bankruptcy court by a person or entity owed money by a debtor who has filed for bankruptcy. A written claim filed in probate court by a person or entity owed money by a person who has died. State law sets… Continue reading Creditor Claims Against Retirement Assets
Can Estate Planning Fees Be Deducted By Your Business You may deduct legal fees paid to attorneys and fees paid to other professionals for ordinary and necessary expenses of your business, including expenses for helping you start your business. When you are starting a business, keep track of all your costs while you are investigating… Continue reading Can Estate Planning Fees Be Deducted By Your Business
Bankruptcy is a legal process through which you are declared unable to pay your debts when they fall due. You may file for bankruptcy (voluntary bankruptcy), or alternatively, creditors can apply to have you declared bankrupt. If you are declared bankrupt by either of the above means, you will be removed from managing your own… Continue reading Bankruptcy
Are Estate Planning Fees Tax Deductible? In general, you can deduct legal fees as an ordinary and necessary business expense. The types of legal fees that are deductible include creation and review of contracts, filing a lawsuit or defending a lawsuit for breach of contract, legal assistance to collect on an account, defending an intellectual… Continue reading Are Estate Planning Fees Tax Deductible?
Restoration Of Second Amendment Right Restoring Gun Rights After a Felony Conviction Having a felony conviction on your record negatively impacts your life in many ways, and one of the most fundamental ways is the elimination of your constitutional right to own a gun. However, once you have been convicted of a felony not all… Continue reading Restoration Of Second Amendment Right
Last Will And Testament Salt Lake City Utah A Last Will and Testament is an important estate planning tool in Salt Lake City, Utah. It is a legal document that allows a person to state their wishes and determine how their assets will be distributed after they pass away. Wills are also used to appoint… Continue reading Last Will And Testament Salt Lake City Utah