The federal estate tax marital deduction is one of the most important estate planning tools available to a married couple. The basic marital deduction rule is that, upon the death of the first spouse, the value of any interest in property passing to the surviving spouse is deducted from the decedent spouse’s gross estate. This […]
Thirty years ago, the U.S. Supreme Court said that the Federal Arbitration Act declares “a national policy favoring arbitration.”
The ageless advice to read, understand, and expect to be bound by language in a contract you sign is as sound now as ever.
Generally a taxpayer must file estimated taxes if he or she owes $1,000 or more in taxes when an annual tax return is filed. An underpayment penalty can be avoided if tax payments for the year, including withholding and any tax credits, cover the ultimate tax bill, or at least are short by less than $1,000.
Courts appear to be split as to whether golden rule arguments are permissible with reference to liability in personal injury cases.
Both state and federal courts have recently decided numerous cases addressing the issue of standing to bring a foreclosure action.
Under the “first sale doctrine,” the owner of a copyrighted item, such as a book or a recording, is free to use it, sell it, lend it, or give it away under whatever conditions the owner chooses to impose. This doctrine derives from a long line of jurisprudence, see Bobbs-Merrill Co. v. Straus, 210 U.S. […]
Although sexual harassment is a well‑known pitfall for employers, liability for religious harassment often receives less attention.