tag:blogger.com,1999:blog-88365392133372523622024-02-20T09:17:11.214-08:00Attorney Madan Ahluwalia BlogMadan Ahluwalia is an attorney in San Jose, CA. He is Managing Attorney for Ahluwalia Law P.C. He can be contacted for variety of cases. He is a general practitioner. Wesbite is www.ahluwalia-law.com.Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comBlogger33125tag:blogger.com,1999:blog-8836539213337252362.post-72525148758077978512011-12-09T08:54:00.000-08:002011-12-09T08:54:49.510-08:00Name Change - 2 ways to do it<div dir="ltr" style="text-align: left;" trbidi="on">One caller during a radio show wanted to inquire about Name Change during citizenship interview. He explained that he is a green card holder and is applying for citizenship in two weeks. He wanted to change his name. A friend had told him that he has to change name by filing the petition with name change.<br />
<br />
There are two ways to change name:<br />
<br />
1. If you are a permanent resident (aka green card holder), you can change your name as part of your naturalization if a court in your area conducts naturalization oath ceremonies. Otherwise no name change can be recorded on your Certificate of Naturalization unless you already changed your name legally (such as by marriage) before completing the naturalization process.<br />
<br />
If you decide to change your name, you will be required to complete a Petition for Name Change during your interview. Petitioning the court to change your name may delay the date of your oath ceremony, in some cases. If you petition to change your name, the new name will not be legally binding until after your oath ceremony. The new name will appear on your Certificate of Naturalization. You can start using the new name. No other legal formality is required.<br />
<div>During the last citizenship interview with a client, the interviewing officer at Immigration Service (USCIS) had client sign the form right there and my client will now use her new name and get citizenship certificate with such new name as well.<br />
<br />
The U.S. of Citizenship and Immigration Services (formerly known as the INS) does not process petitions for a name change after naturalization. However, you still may change your name after naturalization by other legal means.<br />
<br />
2. The other legal method is by filing the Petition for Name Change in Superior Court of California in your local county. The procedure also requires having to publish the Notice of Name Change in a local newspaper for 3 weeks first. And then going before a Judge after furnishing the proof of such publication with the court. A judge conducts a bare skeletal hearing and confirming certain representations in the Petition for Name Change. The judge then signs the Order of Name Change Petition. You can then start using your new name.</div></div>Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-54733732114641403202011-02-07T08:53:00.000-08:002011-02-07T08:58:55.287-08:00True Moral Dilemma with Deep Financial Implications!!<div dir="ltr" style="text-align: left;" trbidi="on">"Sanchez's hospital records state that she was discharged because she was "an undocumented pt (patient) with no insurance." <br />
<br />
This is a true moral dilemma! When I read the story here-<a href="http://blogs.chron.com/immigration/archives/2011/02/doctors_orders.html">Doctor's Order: Go to Mexico</a><a href="http://blogs.chron.com/immigration/archives/2011/02/doctors_orders.html"></a>, I first went on to read up on Hippocratic Oath. I wondered what would guide the doctor in such situation. The Hippocratic Oath can be found here- <a href="http://en.wikipedia.org/wiki/Hippocratic_Oath">Hippocratic Oath</a><a href="http://en.wikipedia.org/wiki/Hippocratic_Oath"></a>. Thanks, Wikipedia.<br />
<br />
There have been lots of problems which are byproduct of illegal immigration. This is one of them. <br />
<br />
Other problem which has been highlighted lately was around children of illegal immigrants coming of age and not being able to participate in regular social and business life. Dream Act failed- read here-<a href="http://colorlines.com/archives/2010/12/dream_act_fails_in_senate_55-41.html"></a>.<br />
<br />
Keep in mind, Dream Act was first introduced in 2001. Yes, 10 years ago. This only shows the length someone, namely Congress, namely so called Representatives of the People, have been aware of the problem.<br />
<br />
Going back to the main point of this blog. The patient should receive healthcare first -for sure!! This is the exact reason illegal immigration should have a permanent solution. Then I think the hospital should have sued the Federal Govt. for reimbursement. Yes, I am just rambling.<br />
<br />
Unless somebody wakes up and realizes the long-term effect of this problem on our economy- yes, which involves, dollars, the problem will continue and keep on harming us, like some sort of slow disease!!</div>Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-54654569706238595802011-02-06T20:26:00.000-08:002011-02-06T20:26:37.411-08:00Consider stopping Fraudulent behavior!How about Starting a Petition to Not Commit Fraud or Misrepresentation to obtain immigration benefits? <br />
<br />
Goal- not to get in trouble with the law, face embarrassment and embarrass the community, make attorneys rich, make family suffer, etc.! Does someone think of this angle?<br />
<br />
Most people will go back to community when they get in trouble with the law. Nobody wants to take responsibility for their wrong actions. For example, a wife beater, a person arrested for driving under the influence, a person who is accused of shop lifting.<br />
<br />
I am personally outraged by the hue and cry raised by ankle monitoring of students involved in Tri-Valley University. Check this out- <a href="http://timesofindia.indiatimes.com/world/us/Indian-students-in-US-radio-tagged-angry-govt-says-remove-it/articleshow/7386322.cms"></a>.<br />
<br />
Most people make it sound like ICE is committing a crime by doing what they are allowed to do under criminal justice system.<br />
<br />
This is what my friend, Harmeet Dhillon, Attorney in San Francisco, CA wrote in an exchange on Facebook "Gentlemen, having worked with white collar defendants recently, in their civil matters, I know that ankle tagging is an extremely intrusive tool but it's used also against US citizens who are white and awaiting trial, if... they have certain risk factors. In addition to the radio they usually have to call in to a probation officer (in federal court) to arrange for permission in advance to move from house arrest or their to/from job roundtrip in order to meet their attorneys. They also have to pay for the cost of the monitoring. It's usually a compromise where the government can present valid reasons for detaining someone (like flight risk, protective custody, etc.) I would say a foreign national against whom the government has presented probable cause that a serious crime has been committed, is a flight risk. This does not appear to be a racial thing to me, just the long and increasingly intrusive arm of the law."<br />
<br />
I think we should all consider possibility of:<br />
<br />
Not lying for personal gains.<br />
Not committing fraud to obtain immigration, social security or other benefits.<br />
Not condoning such acts by friends or family.<br />
<br />
If we all start doing so, people around us won't get into legal problems and we can spend our time, money and energy on other issues instead of living in fear and embarrassment and commoner does not have to help attorneys get rich.Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-46005475065170653622010-12-13T08:19:00.000-08:002010-12-13T08:19:47.617-08:00Eb 2 wait for Indian citizensEB 2 refers to Employment Based Immigration category in 2nd preference. 2nd preference is allocated to intended immigration with Master's degree or higher education.<br />
<br />
At the time of filing the application for green card, starting with request for labor certification, a date known as priority date is assigned. Priority date dictates when someone would eventually obtain the green card. <br />
<br />
Only 140,000 visas (or adjustment of status applications) for employment based applicants can be granted in each year.<br />
<br />
Subject to some adjustment for numbers flowing between categories, only 40,040 visas can be issued for EB2. When an immigrant enters the U.S. as an EB2, with a spouse and two children, four visa numbers are used - not one. The average employment based immigrant family will use between two and three visa numbers. That means less than 70,000 families will enter the U.S. each year as employment based applicants - and fewer than 20,000 families based with EB2 preference category. <br />
<br />
Here is a great <a href="http://www.usimmlaw.com/EB2_India_How_Long.htm">article </a>by a fellow attorney that discusses the problem very well. Again, read the <a href="http://www.usimmlaw.com/EB2_India_How_Long.htm">article </a>here by Attorney Jay Solomon.Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-82586540668499388982010-12-01T09:25:00.000-08:002010-12-01T09:25:24.349-08:00K-1 or Immigrant Visa (Green card)Fiancé Visa known as K-1 is available to fiancés of U. S. Citizens. Typically, upon getting married, U. S. Citizen and spouse want to be together as soon as possible. Hence, pre-planning requires considering all the options- should the U. S. Citizen file for K-1 visa or file an Immigrant Visa Petition by submitting Form I-130 and then later file for fiancé Visa (K-3 visa).<br />
<br />
K-1 visa and K-3 visa are totally different. K-1 is available when the marriage has not taken place and the fiancé will enter into the U. S. on non-immigrant visa and marry the U. S. citizen within 90 days. <a href="http://attorneyonradio.blogspot.com/2010/11/k-1-visa-marry-usc-petitioner-or-go.html">See previous article here</a>.<br />
<br />
K-3 visa is available to U. S. citizen spouses, of course after the marriage. It is issued to facilitate the arrival of U. S. Citizen spouses in the U. S. sooner when the immigrant visa petition process could take a long time. I am not sure if it has relevancy these days because USCIS (United State Citizenship & Immigration Service) is processing immigrant visa petitions (filed on Form I-130) rather quickly. However, in the past such visa petitions were slow to process and K-3 visa made perfect sense. It could also make a difference in the future when USCIS might divert its’ resources and I-130 process might slow down. I digress. <br />
<br />
Again, K-1 visa is only for those who would like to marry in United States. It is important to note that from a cultural point of view girl's family in lot of countries would like to have the wedding in home country than sending the girl to another country. Different factors ranging from legitimacy of the relationship to social announcement and celebration to emotional aspect of marrying daughter off come into play. <br />
<br />
So, it is important to discuss all of these issues among the family and evaluate where they want to do the wedding and which visa needs to be filed. If the wedding must take place in home country, and not in the U.S., K-1 is not an option. K-1 visa can take about 6-7 months in processing including petition adjudication by the USCIS and scheduling interview at the US Consulate. K-1 has to marry within 90 days of entry and apply for adjustment of status. So, the K-1 may lose about 60-90 days after entry and prior to applying for adjustment of status. <br />
<br />
It can take about another 6-7 months for scheduling the interview and to approve the case. It means that it can take up to 9-12 months before the K-1 visa holder gets the green card. Another big factor is that parents and other family members who might want to attend the wedding in to the U. S. might not get the visa to come into the U. S. The consulate has the right to issue or deny the visa to parents in the exercise of discretion and there is not much an attorney can do to help. Such visa denial to the parents can really ruin the enjoyment and excitement.<br />
<br />
On the other side, if immigrant visa process is followed, the spouse in foreign country may enter directly on immigrant visa within 8-11 months from any consulate and the green card will arrive in the mail within 1-3 weeks of entry. This process is less expensive. K-1 visa holder has to file for adjustment of status (green card) here in the U. S. and spend time and money on filing fees, get biometrics done and wait for employment authorization document for 3 months. <br />
<br />
Needless to say, K-1 route is much more expensive and more time consuming to obtain the green card. The K-1 cannot apply for social security card, cannot apply for driver's license or work until receives the work permit, which may take about 60-90 days after you filed the adjustment of status. <br />
<br />
K-1 visa is also a non-immigrant visa. U. S. Consulate has wide latitude in using discretion in issuing any non-immigrant visa. They can deny the visa to the fiancé if the Consul is not satisfied with the bona fides of the engagement or relationship overall. <br />
<br />
I always suggest a safer and less expensive way to my clients which is to file the immigrant visa petition and wait for your green card turn to come.Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-63400162291487616132010-11-29T10:36:00.000-08:002010-11-29T10:36:18.108-08:00K-1 Visa -marry the USC petitioner or go backHow can someone come here on <a href="http://www.uscis.gov/portal/site/uscis/menuitem.eb1d4c2a3e5b9ac89243c6a7543f6d1a/?vgnextoid=640a3e4d77d73210VgnVCM100000082ca60aRCRD&vgnextchannel=640a3e4d77d73210VgnVCM100000082ca60aRCRD">K-1 visa </a> and not marry the U. S. Citizen who sponsored him or her? Wrong question, I guess. In ever fluid relationships among human beings, anything can happen, I suppose. Let me not get carried away restrict myself to the legal side of things.<br />
<br />
K-1 visa is a finance visa issued to fiances of USC (United States Citizen). Immigration Service known as <a href="http://www.uscis.gov">USCIS </a> allowed this petition so that the fiances can enter the U. S. sooner to be united with their spouses and resume family relationship. After entry into the U. S., fiance and U. S. citizen have to marry within ninety (90) days though.<br />
<br />
If the fiance who entered on K-1 visa does not marry the U. S. citizen within ninety (90) days, then such fiance has to return to the home country.<br />
<br />
In a recent case, Kalal v. Gonzalez, Case number 03-71354, Ninth Circuit Court of Appeals, addressed and rejected a number of arguments by Mrs. Kalal who had entered into the U. S. under K-1 visa but did not marry her U. S. Citizen fiance. The court held that Petitioner, who entered the U.S. on a K-1 visa but failed to marry the petitioning fiancé was not eligible for adjustment of status under <a href="http://www.uscis.gov/portal/site/uscis/menuitem.f6da51a2342135be7e9d7a10e0dc91a0/?vgnextoid=fa7e539dc4bed010VgnVCM1000000ecd190aRCRD&vgnextchannel=fa7e539dc4bed010VgnVCM1000000ecd190aRCRD&CH=act">INA §245</a>. <br />
<br />
Mrs. Kalal had made several strong arguments based on caselaw and written statutes (aka law). However, the court rejected them for the simple reason: the Congress passed the law and contemplated the possibility of fiance not marrying the U. S. citizen and did not allow such fiance to obtain permanent resident status by way of marrying someone else.<br />
<br />
So, it is important to remember this law and to make sure that either you marry the U. S. citizen fiance who sponsored you or you return to the home country and then obtain new visa, immigrant or non-immigrant, based on new, or shall I say different, relationship.<br />
<br />
It is ironic for me to note that Mrs. Kalal had entered the U. S. in June 1996 and her conditional status was denied in 2001. Immigration had made a mistake in issuing her permanent resident status in the first place. However, when she filed a petition to remove conditional status, all the problems started, leading to being placed in removal proceedings and final removal order. The decision by Ninth Circuit Court of Appeals came out recently. So it took a total of fifteen years or so for final the resolution. She can file an appeal with the Supreme Court but it will be a far fetched shot. I am not an expert in Supreme Court Appeals but know that it is pretty high legal criteria and standard.<br />
<br />
I am sure a lot has changed since 1996 for her. She must have started a family. But nothing matters-anymore!! A simple decision has played such a havoc in her life. She should have sought and received the right advise at the time and returned to home country and then filed for permanent resident status there. Perhaps she did get the right advise and did not want to return to the home country. Only she knows what happened.<br />
<br />
I know that most immigrants engage in following two behaviors- ask family and friend who advise based on their limited experience and 2ndly, they don't want to believe the tough advise. I hate to generalize but these two behaviors are very basic human behaviors. So, I am just stating the facts.<br />
<br />
I think her attorney <a href="http://lawyers.justia.com/lawyer/bart-klein-832093">Bart Klein</a> did a pretty good job in making arguments for her. <br />
<br />
So, remember that sometimes tough choices in the begining might be good for the long run!!Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-58410560765942895592010-11-27T07:00:00.000-08:002010-11-27T07:00:03.332-08:00Qualifications for Chapter 13 BankruptcyIn order to be eligible for Chapter 13, basic qualifications are:<br />
<br />
1) Income and expense test has to be met under what is known as Means Test, <br />
<br />
2) Before filing complete the Credit Counseling for Consumers Class. Another class has to be taken after filing and before the discharge, <br />
<br />
(3) Have sufficient regular income to meet monthly living expenses allowed by the Chapter 13 Trustee as allowed by the IRS and make a plan payment. If income does not justify or support the Reorganization plan, then trustee will object and the court will not allow confirmation of plan and also not allow BK to proceed, <br />
<br />
(4) Have less than $307,675 of unsecured debt, and less than $922,975 of secured debt.(as of April 1, 2004), and <br />
<br />
5) Not be a corporation, partnership, stockbroker, or commodity broker.Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-29230992135702241082010-11-25T20:16:00.000-08:002010-11-25T20:16:33.031-08:00Loan Modification or BankruptcyLoan Modification is the process of changing the loan program which a borrower has. It is a modification of loan contract between the lender and the borrower. It is not a right so to speak. It is really lender’s discretion.<br />
<br />
Lenders provide no written acknowledgment of loan modification. Borrowers submit written application and documents to support loan modification. However, follow up and discussions are always verbal. I would argue that it creates an oral contract. It creates a detrimental reliance, at the very least. The situation does create a legal problem. Short of legal dispute, and obtaining records through legal methods in lawsuit, there is no evidence of loan modification.<br />
<br />
Lenders also schedule Trustee Sale or Foreclosure date routinely and regularly through loan modification process and continually postpone the sale date in it’s’ discretion while loan modification is pending. Lender does not have to provide written notice of foreclosure date after initial (or very first) notice under the law. <br />
<br />
Borrower, in the process of loan modification, should not take it granted that foreclosure shall be postponed again because it has been postponed once before, or many times. Keep in touch with the lender and make sure to be aware of Trustee Sale date and request postponement or you might lose your house. I know of many situations where the lender conducted the foreclosure while borrowers awaited a decision on loan modification.<br />
<br />
If you are in such a situation where lender won’t postpone the Trustee Sale date and your income has gone down making it doubtful to begin with and your liabilities are increasing, filing bankruptcy might be a good option. Filing bankruptcy especially Chapter 13 can serve following important functions:<br />
<br />
1. It can stay (and postpone) the Trustee Sale. Bankruptcy provides automatic stay for 120 days. <br />
<br />
2. It can assist you wipe out consumer debts which decreases your total liability enabling you to be perhaps more eligible for loan modification. Not all lenders offer loan modification to debtors in bankruptcy or post bankruptcy though.<br />
<br />
3. Filing Chapter 13 bankruptcy, if qualified, can help you wipe out second mortgage or lower the value of first, if the house value has gone down. Law offers such benefit through a provision called Lien Stripping. <a href="http://www.law.cornell.edu/uscode/usc_sec_11_00000506----000-.html">Chapter 506 of the Bankruptcy Code</a> provides such benefit. A lien is as good as the value of the collateral. If value has gone down, then the lien is stripped to match the value of the collateral.<br />
<br />
4. Bankruptcy allows you to pay the delinquent amount over a period of 3-5 years, depending upon the Chapter 13 Plan.<br />
<br />
5. Buy piece of mind and start over.<br />
<br />
So, filing Bankruptcy especially Chapter 13 might not be a bad idea specifically where you might not qualify for loan modification at all and face foreclosure. One has to qualify to be able to file for Bankruptcy. So, contact a local bankruptcy lawyer today.Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-71053040932003259002010-04-19T17:54:00.000-07:002010-04-19T17:54:40.420-07:00I'm injured. Do I need to hire an Attorney?<meta content="text/html; charset=utf-8" http-equiv="Content-Type"></meta><meta content="Word.Document" name="ProgId"></meta><meta content="Microsoft Word 12" name="Generator"></meta><meta content="Microsoft Word 12" name="Originator"></meta><link href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_filelist.xml" rel="File-List"></link><link href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_themedata.thmx" rel="themeData"></link><link href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_colorschememapping.xml" rel="colorSchemeMapping"></link><style>
<!--
/* Font Definitions */
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;
mso-font-charset:1;
mso-generic-font-family:roman;
mso-font-format:other;
mso-font-pitch:variable;
mso-font-signature:0 0 0 0 0 0;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;
mso-font-charset:0;
mso-generic-font-family:swiss;
mso-font-pitch:variable;
mso-font-signature:-1610611985 1073750139 0 0 159 0;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{mso-style-unhide:no;
mso-style-qformat:yes;
mso-style-parent:"";
margin-top:0in;
margin-right:0in;
margin-bottom:10.0pt;
margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
.MsoChpDefault
{mso-style-type:export-only;
mso-default-props:yes;
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
.MsoPapDefault
{mso-style-type:export-only;
margin-bottom:10.0pt;
line-height:115%;}
@page Section1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;
mso-header-margin:.5in;
mso-footer-margin:.5in;
mso-paper-source:0;}
div.Section1
{page:Section1;}
-->
</style> <br />
<div class="MsoNormal" style="text-align: justify;">If you have been injured in an accident that may have been someone else’s fault , and are still experiencing pain or other physical symptoms, you may want to consider consulting with an attorney. Sometimes it isn’t clear right away whether your injuries will heal right away or not. </div><div class="MsoNormal" style="text-align: justify;">Insurance claim adjusters generally try to settle claims for as little as possible. Therefore, if you have been seriously injured or are unsure whether you will completely recover from your injuries, you should consult an attorney before you give any statements or sign papers of any kind. </div><div class="MsoNormal" style="text-align: justify;">There are time limits within which you can file a legal claim, depending on what kind of case it is. Therefore, if you are considering consulting an attorney, you should do so as soon as possible, so the attorney will have time to evaluate your case and ensure you do not lose your legal rights. </div><div class="MsoNormal" style="text-align: justify;">Personal injury attorneys usually handle cases on a “contingent” or percentage basis, depending on the type, difficulty, and expense of the case. This means the attorney only collects his or her fee after the case is resolved. Contingent fee agreements must be in writing and include provisions for the attorney’s out-of-pocket expenses, which are typically paid by the attorney and reimbursed out of any recovery.</div>Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-65692956558855003922010-04-19T17:02:00.000-07:002010-04-19T17:02:27.469-07:00What makes a good personal injury Case?A strong personal injury case requires proof of both liability and damages. Having one without the other, no matter how dramatic the facts may be, will not bring a successful result. <br />
<br />
LIABILITY<br />
<br />
There is liability when another person or business entity acted, in violation of the law, in such a way to cause your injuries. An example of such wrongful conduct is running a red light. There must be some evidence that the defendant was at fault, such as witnesses, photographs, or other documents.<br />
<br />
It is also important that the plaintiff was not at fault in causing the incident. Other issues to consider include whether the plaintiff may have assumed a risk (were there signs or other warnings the plaintiff should have seen?) or waived liability (did the plaintiff sign any documents that would prevent defendant’s liability?)<br />
<br />
DAMAGES<br />
<br />
Damages are the injuries you sustained in the incident. They can be physical, emotional and/or financial. It is necessary to prove these damages through individuals with knowledge of your injuries or losses. You can prove damages through medical records and the testimony of doctors who treated you. Not only do you have to prove that you have these damages, you have to prove they were caused by the incident. That is, a doctor has to be willing and able to document that your injuries are directly related to the incident.<br />
<br />
The kinds of personal injury damages recognized in California include medical expenses, lost wages or loss of earning capacity, physical pain, mental suffering, disfigurement, physical impairment, loss of consortium, and loss of household services. <br />
<br />
COLLECTABLITY<br />
<br />
Collectability is when the defendant can pay a judgment. A judgment is what a plaintiff is awarded when he or she wins a personal injury case. It says that someone owes you money. However, a judgment has no value if the defendant does not have enough money to pay the judgment or does not have insurance to cover the judgment. Therefore, In addition to identifying the defendant or defendants who are responsible for your injuries, it is essential that those defendants have liability insurance or is a large enough business entity that they can provide financial compensation for your damages. <br />
<br />
TIME LIMITS<br />
<br />
The time limits (or statutes of limitation) will vary by the kind of case. In California, a plaintiff usually has two years to file a legal claim for personal injuries. However, the time limits are different in certain cases (for example, if the plaintiff is a minor or the case is against a governmental entity). If you wait too long to bring a legal claim, you will forever lose that right.Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-88852167129504499502010-04-19T16:59:00.001-07:002010-04-19T16:59:11.773-07:00I'm injured. Do I need to hire an Attorney?<meta content="text/html; charset=utf-8" http-equiv="Content-Type"></meta><meta content="Word.Document" name="ProgId"></meta><meta content="Microsoft Word 12" name="Generator"></meta><meta content="Microsoft Word 12" name="Originator"></meta><link href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_filelist.xml" rel="File-List"></link><link href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_themedata.thmx" rel="themeData"></link><link href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_colorschememapping.xml" rel="colorSchemeMapping"></link><style>
<!--
/* Font Definitions */
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;
mso-font-charset:1;
mso-generic-font-family:roman;
mso-font-format:other;
mso-font-pitch:variable;
mso-font-signature:0 0 0 0 0 0;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;
mso-font-charset:0;
mso-generic-font-family:swiss;
mso-font-pitch:variable;
mso-font-signature:-1610611985 1073750139 0 0 159 0;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{mso-style-unhide:no;
mso-style-qformat:yes;
mso-style-parent:"";
margin-top:0in;
margin-right:0in;
margin-bottom:10.0pt;
margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
.MsoChpDefault
{mso-style-type:export-only;
mso-default-props:yes;
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
.MsoPapDefault
{mso-style-type:export-only;
margin-bottom:10.0pt;
line-height:115%;}
@page Section1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;
mso-header-margin:.5in;
mso-footer-margin:.5in;
mso-paper-source:0;}
div.Section1
{page:Section1;}
-->
</style> <br />
<div class="MsoNormal" style="text-align: justify;">If you have been injured in an accident that may have been someone else’s fault , and are still experiencing pain or other physical symptoms, you may want to consider consulting with an attorney. Sometimes it isn’t clear right away whether your injuries will heal right away or not. </div><div class="MsoNormal" style="text-align: justify;">Insurance claim adjusters generally try to settle claims for as little as possible. Therefore, if you have been seriously injured or are unsure whether you will completely recover from your injuries, you should consult an attorney before you give any statements or sign papers of any kind. </div><div class="MsoNormal" style="text-align: justify;">There are time limits within which you can file a legal claim, depending on what kind of case it is. Therefore, if you are considering consulting an attorney, you should do so as soon as possible, so the attorney will have time to evaluate your case and ensure you do not lose your legal rights. </div><div class="MsoNormal" style="text-align: justify;">Personal injury attorneys usually handle cases on a “contingent” or percentage basis, depending on the type, difficulty, and expense of the case. This means the attorney only collects his or her fee after the case is resolved. Contingent fee agreements must be in writing and include provisions for the attorney’s out-of-pocket expenses, which are typically paid by the attorney and reimbursed out of any recovery.</div>Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-45546074968439547612009-12-26T22:48:00.001-08:002009-12-26T22:48:57.567-08:00What is Crime Involving Moral Turpitude (CIMT)?<div mce_style="text-align: justify;" style="text-align: justify;">Moral turpitude generally refers to conduct which is inherently base, vile, or depraved, contrary to the accepted rules of morality and the duties owed to persons or society in general. <i>See </i><b>Matter of Flores</b>, 17 I&N, Dec. 225 (BIA 1980), and cases cited therein. It is defined as conduct which is morally reprehensible and intrinsically wrong, the essence of which is an evil or malicious intent. In determining whether a crime is one that involves moral turpitude, one must look to the nature of the offense itself. <i>See </i><b>Matter of Esfandiary</b>, 16 I&N Dec. 659 (BIA 1979). Additionally, whether or not a crime is a CIMT often depends on whether or not a state statute includes one of the elements that introduces moral turpitude. A crime with the same name may be a CIMT in one state but not in another if the state statutes define the crime differently. Conspiracy to commit a crime considered a CIMT is also a CIMT in itself.<br />
</div><div mce_style="text-align: justify;" style="text-align: justify;">The general categories of crimes which involve moral turpitude contained in this reference guide are as follows:<br />
</div><ul mce_style="text-align: justify;" style="text-align: justify;"><li><b>Crimes against a person</b>. Crimes against a person involve moral turpitude when criminal intent or recklessness is an element of the offense, or when the crime is defined as morally reprehensible by state statute, e.g. statutory rape. Criminal intent or recklessness may be inferred from the presence of unjustified violence or the use of a dangerous weapon.</li>
<li><b>Crimes against property</b>. Moral turpitude attaches to any crime against property which involves fraud, whether it entails fraud against the government or an individual. Certain crimes against property may require guilty knowledge or an intent to permanently take property. Theft (petty and grand), forgery, and robbery are CIMTs in some states. Possession of Burglary Tools and Loan Sharking are usually not CIMTs.</li>
<li><b>Sexual and family crimes</b>. It is difficult to discern a distinguishing set of principles which the courts apply to determine whether a particular offense is a CIMT. In some cases, the presence or absence of violence seems to be an important factor. The presence or absence of criminal intent can be a determining factor. Spousal abuse and child abuse can be CIMTs. For example, the Simple Assault, Domestic charge used by some states generally does not rise to the level of being a CIMT. Indecent Exposure and Abandonment of a Minor Child are also not CIMTs in some states.</li>
<li mce_style="text-align: justify;" style="text-align: justify;"><b>Crimes against the authority of the government</b>. The presence of fraud is the main determining factor as to the presence of moral turpitude. Offering a Bribe to a Government Official and Counterfeiting are CIMTs. Possession of Counterfeit Securities (Without Intent) and Contempt of Court are not CIMTs.</li>
</ul>Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-33556272936003219712009-12-24T08:02:00.001-08:002009-12-24T08:03:45.513-08:00Good Moral Character-What is it and how it affects Immigrants!<div style="text-align: justify;">Generally, an applicant must show that he or she has been a person of good moral character for the statutory period (typically five years or three years if married to a U.S. citizen or one year for Armed Forces expedite) prior to filing for naturalization.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">The Immigration Service is not limited to the statutory period in determining whether an applicant has established good moral character. An applicant is permanently barred from naturalization if he or she has ever been convicted of murder.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">An applicant is also permanently barred from naturalization if he or she has been convicted of an aggravated felony as defined in section 101(a)(43) of the Act on or after November 29, 1990. A person also cannot be found to be a person of good moral character if during the last five years he or she:<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">· has committed and been convicted of one or more crimes involving moral turpitude,<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">· has committed and been convicted of 2 or more offenses for which the total sentence imposed was 5 years or more,<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">· has committed and been convicted of any controlled substance law, except for a single offense of simple possession of 30 grams or less of marijuana,<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">· has been confined to a penal institution during the statutory period, as a result of a conviction, for an aggregate period of 180 days or more,<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">· has committed and been convicted of two or more gambling offenses,<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">· is or has earned his or her principle income from illegal gambling,<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">· is or has been involved in prostitution or commercialized vice,<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">· is or has been involved in smuggling illegal aliens into the United States,<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">· is or has been a habitual drunkard,<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">· is practicing or has practiced polygamy,<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">· has willfully failed or refused to support dependents, and<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">· has given false testimony, under oath, in order to receive a benefit under the Immigration and Nationality Act.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">An applicant must disclose all relevant facts to the Service, including his or her entire criminal history, regardless of whether the criminal history disqualifies the applicant under the enumerated provisions.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">It is critical to consult with an experienced attorney who understands immigration consequences of criminal conviction if one is an immigrant or on path to green card or citizenship. Typically, two lawyers or one lawyer who is fully knowledgeable is needed and hired.<br />
</div>Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-78046196069888633762009-12-24T08:01:00.001-08:002009-12-24T08:01:35.164-08:00Mechanic's Lien and respective rights of homeowner and contractor<meta content="text/html; charset=utf-8" http-equiv="Content-Type"></meta><meta content="Word.Document" name="ProgId"></meta><meta content="Microsoft Word 11" name="Generator"></meta><meta content="Microsoft Word 11" name="Originator"></meta><link href="file:///C:%5CDOCUME%7E1%5CManka%5CLOCALS%7E1%5CTemp%5Cmsohtml1%5C01%5Cclip_filelist.xml" rel="File-List"></link><o:smarttagtype name="PlaceName" namespaceuri="urn:schemas-microsoft-com:office:smarttags"></o:smarttagtype><o:smarttagtype name="PlaceType" namespaceuri="urn:schemas-microsoft-com:office:smarttags"></o:smarttagtype><o:smarttagtype name="State" namespaceuri="urn:schemas-microsoft-com:office:smarttags"></o:smarttagtype><o:smarttagtype name="place" namespaceuri="urn:schemas-microsoft-com:office:smarttags"></o:smarttagtype><!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> <w:DontGrowAutofit/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--><!--[if gte mso 9]><xml> <w:LatentStyles DefLockedState="false" LatentStyleCount="156"> </w:LatentStyles> </xml><![endif]--><!--[if !mso]><img src="http://www.blogger.com/img/object_element.gif" class="BLOGGER-object-element tr_noresize tr_placeholder" id="BLOGGER_object_2" /> <style>
st1\:*{behavior:url(#ieooui) }
</style> <![endif]--><style>
<!--
/* Font Definitions */
@font-face
{font-family:Georgia;
panose-1:2 4 5 2 5 4 5 2 3 3;
mso-font-charset:0;
mso-generic-font-family:roman;
mso-font-pitch:variable;
mso-font-signature:647 0 0 0 159 0;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{mso-style-parent:"";
margin:0pt;
margin-bottom:.0001pt;
mso-pagination:widow-orphan;
font-size:12.0pt;
font-family:Georgia;
mso-fareast-font-family:"Times New Roman";
mso-bidi-font-family:"Times New Roman";}
@page Section1
{size:612.0pt 792.0pt;
margin:72.0pt 72.0pt 72.0pt 108.0pt;
mso-header-margin:36.0pt;
mso-footer-margin:36.0pt;
mso-paper-source:0;}
div.Section1
{page:Section1;}
-->
</style><!--[if gte mso 10]> <style>
/* Style Definitions */
table.MsoNormalTable
{mso-style-name:"Table Normal";
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-parent:"";
mso-padding-alt:0pt 5.4pt 0pt 5.4pt;
mso-para-margin:0pt;
mso-para-margin-bottom:.0001pt;
mso-pagination:widow-orphan;
font-size:10.0pt;
font-family:"Times New Roman";
mso-ansi-language:#0400;
mso-fareast-language:#0400;
mso-bidi-language:#0400;}
</style> <![endif]--> <br />
<div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Times New Roman";">In <st1:place w:st="on"><st1:state w:st="on">California</st1:state></st1:place>, as in most states, any person or company (contractor or sub-contractor) that works on property has a powerful tool to make sure they are paid: the mechanic's lien. Liens are authorized as a matter of right in the California Constitution.<br />
<br />
If the property owner does not pay for construction work, the contractor may record a document that gives notice of its Claim of Mechanic's Lien against the property. The document is recorded with the Recorder in the county where the property is located and will be a cloud on title to the property, signifying to the world that a contractor believes it is entitled to draw the dollar amount of its claim from the equity in the property. Depending on the type of contractor and whether the owner has recorded certain notices that construction is complete, the contractor has either 30, 60 or 90 days to record notice of its mechanic's lien.<o:p></o:p></span><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Times New Roman";">It is quite easy for a contractor to record the mechanic's lien claim. It simply must prepare the single-page document and present it to the <st1:place w:st="on"><st1:placetype w:st="on">county</st1:placetype> <st1:placename w:st="on">Recorder</st1:placename></st1:place> along with any recording fees. There is no judge or jury to determine whether the mechanic's lien claim is valid at the time it is recorded. So, as soon as the lien is recorded and without any testing of its validity, a contractor can put a cloud on the property's title that can make mortgage lenders and potential property buyers shy away from the property.<o:p></o:p></span><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Times New Roman";">Occasionally, and unfortunately, an unscrupulous contractor may abuse this process. Because the county Recorder will not question the merits of the claim, a contractor could record a mechanic's lien against the property even if the owner correctly believes no money is due and owing.<o:p></o:p></span><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Times New Roman";">After recording the mechanic's lien, a contractor in <st1:state w:st="on"><st1:place w:st="on">California</st1:place></st1:state> has exactly 90 days to file a complaint (lawsuit) in court to seek a judgment allowing the sheriff to hold a foreclosure sale on the property and use the proceeds to pay the amount of the mechanic's lien claim. If the contractor does not file the foreclosure complaint within the 90 days, the mechanic's lien becomes unenforceable or "stale." But, even a stale mechanic's lien still will appear on the property's title report until officially expunged and still can cause concerns to the potential buyers and mortgage lenders.<o:p></o:p></span><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Times New Roman";">There is a procedure available to property owners that will allow them to remove the stale mechanic's lien from property records. Pursuant to Civil Code §3154, the property owner may file a verified petition seeking a court order acknowledging that that the stale mechanic's lien is unenforceable. The petition must state the following: (1) the date that the lien was recorded; (2) a description of the property; and (3) allegations that no action to foreclose the lien has been taken, no extension of credit has been recorded, the lien claimant is unwilling to execute a release and the owner has not filed for bankruptcy.<br />
<br />
The lien claimant must receive service of the petition at least 10 days before the date set for hearing on the petition. Finally, the property owner will be required to prove that service of the petition and the order fixing the date for hearing both were made in compliance with the statute.<br />
<br />
When property owners prevail on their petitions, they can recover some or all of their attorney fees from the mechanic's lien claimant.<br />
<br />
Once the court order is obtained, the property owner can record notice of the order with the <st1:place w:st="on"><st1:placetype w:st="on">county</st1:placetype> <st1:placename w:st="on">Recorder</st1:placename></st1:place>, clearing the title. Then any prospective buyer or lender who sees the lien claim in a title report also will see the court order stating that it is invalid.</span><span style="font-family: "Times New Roman";"><o:p></o:p></span><br />
</div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><br />
</div><br />
Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-63099484299256137642009-12-17T16:21:00.000-08:002009-12-17T16:21:57.390-08:00Are lenders forcing Americans into Bankruptcy?<div style="text-align: justify;">Most people are heavily invested in their homes. Investment is of various kinds and types- financial (down payment, monthly payments, monthly upkeep, payment of taxes, etc.), emotional and time. Most people primarily have emotional ties. When they have financial problem, they want to work out a solution. <br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Loan modification, bankruptcy, debt consolidation, loan workout, etc. are various kinds of solution. Loan modification is one solution which has been most hyped. Government bailout has made it more dramatic. However, I have come across various situations where lenders have made people wait borrowers for loan modification for a long time and later denied it. Or, for instance, lenders are not willing to consider loan modification for 2nd homes. <br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Lenders can postpone foreclosure. Sometimes they don't. One of the methods to stop foreclosure is to file bankruptcy and get automatic stay protection. Other way to keep the house is to file Bankruptcy-Chapter 13. <a href="http://ahluwalia-law.com/?page_id=235">Chapter 13</a> is a reorganization plan where the law allows you, upon meeting the threshold requirements, to prepare a payment plan and keep the house. Under the plan, borrower/debtor makes the monthly payment as well as payment on delinquent amount to the secured lender. This plan needs to be approved by the U. S. trustee, no creditor should object and the Bankruptcy Judge has to approve it.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Lot of people, upon denial by the lender seek the protection of Bankruptcy laws. I wonder why lenders can not work something out in situation where the borrower does qualify for Bankruptcy and Chapter 13. <br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Internal Revenue Service and legal system find someone qualified, based on income and expenses, to file Chapter 13. However, the lender does not. I feel it is a big flaw in the system. Private lenders have too much power, too much discretion and too much of lack of compassion. It sucks!!<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">The problem is also complicated by the fact that lot of homes have lost their value. Therefore, even if the borrower makes sufficient income, lending guidelines do not allow refinance.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">I wish there were universal guidelines (similar to lending guidelines to which licensed brokers had access to) with qualification criteria and people were not made to sweat about decision on loan modification, knew whether they will qualify or not right away and make adjustment to their finances privately and move on with new revised persona and private plan instead of having to file Bankruptcy and ruining their credit. <br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">What are your thoughts!!<br />
</div>Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-75435323773242088792009-12-12T12:42:00.000-08:002009-12-12T12:42:18.529-08:00H1b employers-If Immigration comes knocking, what to do?<meta content="text/html; charset=utf-8" http-equiv="Content-Type"></meta><meta content="Word.Document" name="ProgId"></meta><meta content="Microsoft Word 11" name="Generator"></meta><meta content="Microsoft Word 11" name="Originator"></meta><link href="file:///C:%5CDOCUME%7E1%5CManka%5CLOCALS%7E1%5CTemp%5Cmsohtml1%5C01%5Cclip_filelist.xml" rel="File-List"></link><style>
<!--
/* Font Definitions */
@font-face
{font-family:Georgia;
panose-1:2 4 5 2 5 4 5 2 3 3;
mso-font-charset:0;
mso-generic-font-family:roman;
mso-font-pitch:variable;
mso-font-signature:647 0 0 0 159 0;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{mso-style-parent:"";
margin:0pt;
margin-bottom:.0001pt;
mso-pagination:widow-orphan;
font-size:12.0pt;
font-family:Georgia;
mso-fareast-font-family:"Times New Roman";
mso-bidi-font-family:"Times New Roman";}
@page Section1
{size:612.0pt 792.0pt;
margin:72.0pt 90.0pt 72.0pt 90.0pt;
mso-header-margin:36.0pt;
mso-footer-margin:36.0pt;
mso-paper-source:0;}
div.Section1
{page:Section1;}
-->
</style> <br />
<div class="MsoNormal" style="text-align: justify;">Immigration Service has been conducting fraud investigations and raiding H1b employers. One of the things, an H1b employer must do and have is Public access files.<br />
</div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;">H1b Employers must maintain public access files for each employee. Such files must be created within one working day after the day the LCA is filed with the DOL. The file must be maintained at the employer’s principal place of business or the place of employment. <br />
</div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"> The public access file must contain:<br />
</div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: Symbol;">·</span> A copy of the certified labor condition application;<br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: Symbol;">·</span> Documentation which provides the wage rate to be paid the H-1B nonimmigrant;<br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: Symbol;">·</span> A full, clear explanation of the system that the employer used to set the "actual wage" the employer has paid or will pay workers in the occupation for which the H-1B nonimmigrant is sought, including any periodic increases which the system may provide--<i>e.g</i>., memorandum summarizing the system or a copy of the employer's pay system or scale;<br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: Symbol;">·</span> A copy of the documentation the employer used to establish the "prevailing wage" for the occupation for which the H-1B nonimmigrant is sought (a general description of the source and methodology is all that is required to be made available for public examination; the underlying individual wage data relied upon to determine the prevailing wage is not a public record, although it shall be made available to the Department in an enforcement action); <br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: Symbol;">·</span> A copy of the document(s) with which the employer has satisfied the union/employee notification requirements of 20 CFR §655.734;<br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: Symbol;">·</span> A summary of the benefits offered to U.S. workers in the same occupational classifications as H-1B nonimmigrants, a statement as to how any differentiation in benefits is made where not all employees are offered or receive the same benefits (such summary need not include proprietary information such as the costs of the benefits to the employer, or the details of stock options or incentive distributions), and/or, where applicable, a statement that some/all H-1B nonimmigrants are receiving "home country" benefits;<br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: Symbol;">·</span> A summary of the benefits offered to U.S. workers in the same occupational classifications as H-1B nonimmigrants, a statement as to how any differentiation in benefits is made where not all employees are offered or receive the same benefits (such summary need not include proprietary information such as the costs of the benefits to the employer, or the details of stock options or incentive distributions), and/or, where applicable, a statement that some/all H-1B nonimmigrants are receiving "home country" benefits;<br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: Symbol;">·</span> Where the employer utilizes the definition of "single employer" in the IRC, a list of any entities included as part of the single employer in making the determination as to its H-1B-dependency status;<br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: Symbol;">·</span> Where the employer is H-1B-dependent and/or a willful violator, and indicates on the LCA(s) that only "exempt" H-1B nonimmigrants will be employed, a list of such "exempt" H-1B nonimmigrants;<br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: Symbol;">·</span> Where the employer is H-1B-dependent or a willful violator, a summary of the recruitment methods used and the time frames of recruitment of U.S. workers (or copies of pertinent documents showing this information).<br />
</div><div class="MsoNormal" style="text-align: justify;"><br />
</div><br />
Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-42804060918286411952009-12-11T09:44:00.001-08:002009-12-11T09:51:53.129-08:00Will-definition and requirements<span style="font-family: Times New Roman; font-size: 12pt;">Will: American Heritage Dictionary provides the following meaning (among others):<br />
</span><br />
<ol><li><span style="font-family: Times New Roman; font-size: 12pt;">A legal declaration of how a person wishes his or her possessions to be disposed of after death.<br />
</span></li>
<li><span style="font-family: Times New Roman; font-size: 12pt;">A legally executed document containing this declaration.<br />
</span></li>
</ol><span style="font-family: Times New Roman; font-size: 12pt;">I need not say any more. It is pretty clear, at least in my mind.<br />
</span><br />
<span style="font-family: Times New Roman; font-size: 12pt;">A will can be handwritten or typewritten. A handwritten will is known as Holographic will and can be sufficient without any other indicia's. However, the following information must be present:<br />
</span><br />
<ol><li><span style="font-family: Times New Roman; font-size: 12pt;">Identify the testator (person who is writing the Will) fully. We usually also provide address.<br />
</span></li>
<li><span style="font-family: Times New Roman; font-size: 12pt;">Revoke any previous Will or Codicil. A codicil is an attachment to a Will. <br />
</span></li>
<li><span style="font-family: Times New Roman; font-size: 12pt;">Putting a date on the Will or Codicil is important. Last one in time controls.<br />
</span></li>
<li><span style="font-family: Times New Roman; font-size: 12pt;">The testator must be of sound mind. Hence the requirement of two witnesses. Witnesses can prove whether the testator was of sound mind or not or knew what he or she was doing or not. California requires two witnesses. <br />
</span></li>
<li><span style="font-family: Times New Roman; font-size: 12pt;">Holographic will does not need to be witnessed. However, in order to avoid any possibility of any challenges around validity (sound mind, intention, etc.), it is a good idea to do it formally and in presence of witnesses.<br />
</span></li>
<li><br />
<div><span style="font-family: Times New Roman; font-size: 12pt;">Proper age is important. Any adult over 18 can write a will.<br />
</span><br />
</div><br />
<br />
<br />
</li>
</ol><span style="font-family: Times New Roman; font-size: 12pt;">A will can be changed or revoked any time. More later…………….!!</span>Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-72139137697858328142009-11-27T09:31:00.000-08:002009-11-27T09:32:28.973-08:00Basic Steps to Obtaining Green Card-Legally!<div style="text-align: justify;">1. Get your credentials evaluated. First and foremost step is to get your credentials evaluated. This is the foundational question that needs to be answered- what is your qualification for a certain immigration category and whether you meet the US equivalency or other are qualified for it or not. For example if you are going to get H1b work visa status, your education must be equivalent to US college degree (B.S. degree). If you did not get equivalency to B.S. degree, then instead of filing for work visa perhaps you will need to enroll as student to complete the number of units required to get B. S. degree. And a student visa will be required. <br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Similarly, if you are filing for L-1 category, your should have, at minimum, worked for the company overseas for at least one year out of last years and a certain business relationship must exist between the international company and US business-among other things. If you do not meet the criteria for L1, however, if you are a national of one the countries which has treaty with the U. S., you might qualify for E-1 visa.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">If you don’t meet the criteria, no matter what, you won’t qualify and will hope against hope. You will end up wasting your time and perhaps life. I have seen too many individuals being led to believe that they qualify and they end up filing wrong petitions and paperwork and eventually suffering by getting out of status.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">2. Consult an Immigration lawyer. An Immigration lawyer is a specialist in this arena just like any other lawyer or professional. Most of the problems work visa holders is that they rely on co-workers, inexperienced employers or generic information on internet. “My cousin got the visa. Why can’t I get it” or “Let us make some resume up”-kind of mentality can lead you in trouble so an X-ray and the right advise by an Immigration Lawyer would go a long way. <br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Be prepared to meet the attorney in person. There is lot to be said about meeting someone in person, looking them in the eye and having undivided attention. Be prepared to pay a consultation fees if you want some respect and real attention. It shows your commitment to the process and respect for the professional’s time and experience. You will get the same respect and attention back. Do you like when you get paid, so do the attorneys!<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">3. Find a qualified employer. Once you know which visa category you will qualify in, then act accordingly and find an employer who is willing to sponsor you and meets the criteria. An employer has to be a qualified employer as well. For example, these days IT consulting companies are not doing well because of downturn in economy and are under high scrutiny. Immigration Agency is investigating about 25,000 of company which typically hire H1b workers to investigate fraud. So, if you are an IT professional, for example, seek an employer who has been in business for a little bit, has good business model (product or service), can provide financial standing and meets the other true business indices. If you are doing MS in Education, you might qualify to work for school or other such non-profit agency.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">4. Get the visa and obey the law and rules. Once the visa petition is filed and approved, understand the rules and obey them. A non immigrant visa worker is typically eager to please the employer. The employer sometimes can be eager to save money and cost or make the employer work overtime without paying overtime. <br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">There are several cultural issues which can make an employee feel intimidated. Know your rights and stand your rights. This is United States of America, not a third world country. Stand your ground.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">If you or the employer break the law, both will land in trouble. For example, if you are an H1b visa worker and do not get paid regularly or are on “bench”, you are breaking the law and consequences can be serious. Similarly, an employee not providing sufficient breaks or paying employee overtime will be found violating the labor laws. Fines are hefty and can range from denial of green card petition, having to wait out of US for green card for number of years to monetary fines to jail time. Is it worth it?<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">5. Plan ahead for the next step. Know your goal. If you goal is to work temporarily and return to your country after sometime, that is fine. However, if your goal is to get green card, then you need to plan ahead. Know the processing time for visa petition type you will qualify under. Most people keep hopping jobs until last year of work visa. During the last year or so, they try to find an employer who can sponsor for green card and end up missing filing deadlines which would enable to them to extend the visa. It is extremely difficult to return to your home country after you have been here for a while.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">A change in economy overall or financial and business conditions of employer can also result in a predicament. For example, if someone starts ahead of time in green card application through the employer, he or she can obtain 3 year visa extension on H1b while waiting for green card final step as contrasted with someone else who will have to get yearly extensions. <br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">None of the factors I have stated are rocket -cience. I am stating the obvious. However, most people don’t want to know the simple truth. People get desperate and they go down this unending cycle of false hope, lies on immigration paperwork risking their peace and freedom. Please be realistic and follow the law.<br />
</div>Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-13686867336410703072009-11-26T08:14:00.000-08:002009-11-26T08:18:56.091-08:00Can lender come after the Borrower for deficiency in a foreclosure?<meta content="text/html; charset=utf-8" http-equiv="Content-Type"></meta><meta content="Word.Document" name="ProgId"></meta><meta content="Microsoft Word 11" name="Generator"></meta><meta content="Microsoft Word 11" name="Originator"></meta><link href="file:///C:%5CDOCUME%7E1%5CManka%5CLOCALS%7E1%5CTemp%5Cmsohtml1%5C01%5Cclip_filelist.xml" rel="File-List"></link><style>
<!--
/* Font Definitions */
@font-face
{font-family:Georgia;
panose-1:2 4 5 2 5 4 5 2 3 3;
mso-font-charset:0;
mso-generic-font-family:roman;
mso-font-pitch:variable;
mso-font-signature:647 0 0 0 159 0;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{mso-style-parent:"";
margin:0pt;
margin-bottom:.0001pt;
mso-pagination:widow-orphan;
font-size:12.0pt;
font-family:Georgia;
mso-fareast-font-family:"Times New Roman";
mso-bidi-font-family:"Times New Roman";}
@page Section1
{size:612.0pt 792.0pt;
margin:72.0pt 72.0pt 72.0pt 108.0pt;
mso-header-margin:36.0pt;
mso-footer-margin:36.0pt;
mso-paper-source:0;}
div.Section1
{page:Section1;}
--
</style>Most people think that their liability is limited by the security interest and if property is foreclosed they are not liable. This articles intends to clarify the (mis)understanding.
<div class="MsoNormal" style="text-align: justify;"></div>The answer is- depends. It is not a lawyer like answer. The answer really depends on whether the loan the lender had given on the property being foreclosed was a purchase money loan or a refinance loan.<br />
<br />
<br />
<br />
If the loan the lender had given against the property was a purchase money loan, the anti-deficiency laws prevent the lender from being able to file a lawsuit for the deficiency. <br />
<br />
However, if the loan the lender had given against the property was a refinance loan, the anti-deficiency laws allow the lender to file a lawsuit for the deficiency. <br />
<br />
The logic is that in a refinanced loan, the borrower was able to find better loan terms or perhaps took the equity out and used it to his or her benefit. So, there is a presumption of added benefit thus allowing lenders to recover the deficiency amount.<br />
<br />
The deficiency amount is the difference between the loan amount and amount of money recovered by the lender after foreclosure.<br />
<br />
Purchase money loan is the original loan obtained by the borrower at the time of purchase of the property.<br />
<br />
Refinance loan is the loan obtained by refinancing the loan to get better loan terms (interest rate, amortization period, etc.) or to take cash out for personal use or to pay off other debts. <br />
<br />
Lot of people bought the property to get their foot in the door and got a low interest rate, mostly negative amortization loan. Later, they refinanced the loan when the property went up in value. It was easier. Lenders did not care because it is profitable business. Lenders, loan brokers, appraisers, escrow companies-everybody made money. Now, these people, if facing foreclosure, can be liable for the deficiency amount.<br />
<br />
Lot of people know about One Action Rule and think that lender can not bring claim for deficiency. One Action rule is provision of law under California Code of Civil Procedure. Basically, it forces a lender to choose between foreclosure and judicial action which combines foreclosure and deficiency judgment. So, as the name suggest, lender has to decide which (one) form the lender will chose. <br />
<br />
The primary method of foreclosure in California involves what is known as non-judicial foreclosure. This type of foreclosure does not involve court action. If a foreclosure is completed by non-judicial means, a second action to recover a deficiency judgment is not permitted. However, rules stated above apply under the case law that if the loan is refinance loan, the deficiency action can be brought. Most lenders will negotiate the amount though and settle for less. This can be an opportunity to negotiate the debt down.<br />
Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-78993490494968399182009-11-22T21:00:00.000-08:002009-11-23T10:01:41.184-08:00Plan your Affairs-simple ways to avoid Legal fees, taxes and Legal costs<meta content="text/html; charset=utf-8" http-equiv="Content-Type"></meta><meta content="Word.Document" name="ProgId"></meta><meta content="Microsoft Word 12" name="Generator"></meta><meta content="Microsoft Word 12" name="Originator"></meta><link href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_filelist.xml" rel="File-List"></link><link href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_themedata.thmx" rel="themeData"></link><link href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_colorschememapping.xml" rel="colorSchemeMapping"></link><!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:DoNotShowPropertyChanges/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> <w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> <w:DontGrowAutofit/> <w:SplitPgBreakAndParaMark/> <w:DontVertAlignCellWithSp/> <w:DontBreakConstrainedForcedTables/> <w:DontVertAlignInTxbx/> <w:Word11KerningPairs/> <w:CachedColBalance/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> <m:mathPr> <m:mathFont m:val="Cambria Math"/> <m:brkBin m:val="before"/> <m:brkBinSub m:val="--"/> <m:smallFrac m:val="off"/> <m:dispDef/> <m:lMargin m:val="0"/> <m:rMargin m:val="0"/> <m:defJc m:val="centerGroup"/> <m:wrapIndent m:val="1440"/> <m:intLim m:val="subSup"/> <m:naryLim m:val="undOvr"/> </m:mathPr></w:WordDocument> </xml><![endif]--><!--[if gte mso 9]><xml> <w:LatentStyles DefLockedState="false" DefUnhideWhenUsed="true"
DefSemiHidden="true" DefQFormat="false" DefPriority="99"
LatentStyleCount="267"> <w:LsdException Locked="false" Priority="0" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Normal"/> <w:LsdException Locked="false" Priority="9" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="heading 1"/> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 2"/> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 3"/> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 4"/> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 5"/> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 6"/> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 7"/> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 8"/> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 9"/> <w:LsdException Locked="false" Priority="39" Name="toc 1"/> <w:LsdException Locked="false" Priority="39" Name="toc 2"/> <w:LsdException Locked="false" Priority="39" Name="toc 3"/> <w:LsdException Locked="false" Priority="39" Name="toc 4"/> <w:LsdException Locked="false" Priority="39" Name="toc 5"/> <w:LsdException Locked="false" Priority="39" Name="toc 6"/> <w:LsdException Locked="false" Priority="39" Name="toc 7"/> <w:LsdException Locked="false" Priority="39" Name="toc 8"/> <w:LsdException Locked="false" Priority="39" Name="toc 9"/> <w:LsdException Locked="false" Priority="35" QFormat="true" Name="caption"/> <w:LsdException Locked="false" Priority="10" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Title"/> <w:LsdException Locked="false" Priority="1" Name="Default Paragraph Font"/> <w:LsdException Locked="false" Priority="11" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Subtitle"/> <w:LsdException Locked="false" Priority="22" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Strong"/> <w:LsdException Locked="false" Priority="20" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Emphasis"/> <w:LsdException Locked="false" Priority="59" SemiHidden="false"
UnhideWhenUsed="false" Name="Table Grid"/> <w:LsdException Locked="false" UnhideWhenUsed="false" Name="Placeholder Text"/> <w:LsdException Locked="false" Priority="1" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="No Spacing"/> <w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading"/> <w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List"/> <w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid"/> <w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1"/> <w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2"/> <w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1"/> <w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2"/> <w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1"/> <w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2"/> <w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3"/> <w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List"/> <w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading"/> <w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List"/> <w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid"/> <w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 1"/> <w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 1"/> <w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 1"/> <w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 1"/> <w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 1"/> <w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 1"/> <w:LsdException Locked="false" UnhideWhenUsed="false" Name="Revision"/> <w:LsdException Locked="false" Priority="34" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="List Paragraph"/> <w:LsdException Locked="false" Priority="29" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Quote"/> <w:LsdException Locked="false" Priority="30" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Intense Quote"/> <w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 1"/> <w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 1"/> <w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 1"/> <w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 1"/> <w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 1"/> <w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 1"/> <w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 1"/> <w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 1"/> <w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 2"/> <w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 2"/> <w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 2"/> <w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 2"/> <w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 2"/> <w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 2"/> <w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 2"/> <w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 2"/> <w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 2"/> <w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 2"/> <w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 2"/> <w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 2"/> <w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 2"/> <w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 2"/> <w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 3"/> <w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 3"/> <w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 3"/> <w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 3"/> <w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 3"/> <w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 3"/> <w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 3"/> <w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 3"/> <w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 3"/> <w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 3"/> <w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 3"/> <w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 3"/> <w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 3"/> <w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 3"/> <w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 4"/> <w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 4"/> <w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 4"/> <w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 4"/> <w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 4"/> <w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 4"/> <w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 4"/> <w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 4"/> <w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 4"/> <w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 4"/> <w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 4"/> <w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 4"/> <w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 4"/> <w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 4"/> <w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 5"/> <w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 5"/> <w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 5"/> <w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 5"/> <w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 5"/> <w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 5"/> <w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 5"/> <w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 5"/> <w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 5"/> <w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 5"/> <w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 5"/> <w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 5"/> <w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 5"/> <w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 5"/> <w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 6"/> <w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 6"/> <w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 6"/> <w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 6"/> <w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 6"/> <w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 6"/> <w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 6"/> <w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 6"/> <w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 6"/> <w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 6"/> <w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 6"/> <w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 6"/> <w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 6"/> <w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 6"/> <w:LsdException Locked="false" Priority="19" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Subtle Emphasis"/> <w:LsdException Locked="false" Priority="21" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Intense Emphasis"/> <w:LsdException Locked="false" Priority="31" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Subtle Reference"/> <w:LsdException Locked="false" Priority="32" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Intense Reference"/> <w:LsdException Locked="false" Priority="33" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Book Title"/> <w:LsdException Locked="false" Priority="37" Name="Bibliography"/> <w:LsdException Locked="false" Priority="39" QFormat="true" Name="TOC Heading"/> </w:LatentStyles> </xml><![endif]--><style>
<!--
/* Font Definitions */
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;
mso-font-charset:1;
mso-generic-font-family:roman;
mso-font-format:other;
mso-font-pitch:variable;
mso-font-signature:0 0 0 0 0 0;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;
mso-font-charset:0;
mso-generic-font-family:swiss;
mso-font-pitch:variable;
mso-font-signature:-1610611985 1073750139 0 0 159 0;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{mso-style-unhide:no;
mso-style-qformat:yes;
mso-style-parent:"";
margin-top:0in;
margin-right:0in;
margin-bottom:10.0pt;
margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
p.MsoListParagraph, li.MsoListParagraph, div.MsoListParagraph
{mso-style-priority:34;
mso-style-unhide:no;
mso-style-qformat:yes;
margin-top:0in;
margin-right:0in;
margin-bottom:10.0pt;
margin-left:.5in;
mso-add-space:auto;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
p.MsoListParagraphCxSpFirst, li.MsoListParagraphCxSpFirst, div.MsoListParagraphCxSpFirst
{mso-style-priority:34;
mso-style-unhide:no;
mso-style-qformat:yes;
mso-style-type:export-only;
margin-top:0in;
margin-right:0in;
margin-bottom:0in;
margin-left:.5in;
margin-bottom:.0001pt;
mso-add-space:auto;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
p.MsoListParagraphCxSpMiddle, li.MsoListParagraphCxSpMiddle, div.MsoListParagraphCxSpMiddle
{mso-style-priority:34;
mso-style-unhide:no;
mso-style-qformat:yes;
mso-style-type:export-only;
margin-top:0in;
margin-right:0in;
margin-bottom:0in;
margin-left:.5in;
margin-bottom:.0001pt;
mso-add-space:auto;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
p.MsoListParagraphCxSpLast, li.MsoListParagraphCxSpLast, div.MsoListParagraphCxSpLast
{mso-style-priority:34;
mso-style-unhide:no;
mso-style-qformat:yes;
mso-style-type:export-only;
margin-top:0in;
margin-right:0in;
margin-bottom:10.0pt;
margin-left:.5in;
mso-add-space:auto;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
.MsoChpDefault
{mso-style-type:export-only;
mso-default-props:yes;
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
.MsoPapDefault
{mso-style-type:export-only;
margin-bottom:10.0pt;
line-height:115%;}
@page Section1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;
mso-header-margin:.5in;
mso-footer-margin:.5in;
mso-paper-source:0;}
div.Section1
{page:Section1;}
/* List Definitions */
@list l0
{mso-list-id:2047871020;
mso-list-type:hybrid;
mso-list-template-ids:-1394556732 67698703 67698713 67698715 67698703 67698713 67698715 67698703 67698713 67698715;}
@list l0:level1
{mso-level-tab-stop:none;
mso-level-number-position:left;
text-indent:-.25in;}
ol
{margin-bottom:0in;}
ul
{margin-bottom:0in;}
-->
</style><!--[if gte mso 10]> <style>
/* Style Definitions */
table.MsoNormalTable
{mso-style-name:"Table Normal";
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-priority:99;
mso-style-qformat:yes;
mso-style-parent:"";
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin-top:0in;
mso-para-margin-right:0in;
mso-para-margin-bottom:10.0pt;
mso-para-margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;}
</style> <![endif]--><br />
<div class="MsoNormal" style="text-align: justify;">Legal fees are incurred when attorney gets involved or a matter has to be handled in court. Typical example is Will-contest or probate fees (attorneys fees and court fees) in Probate Court.<br />
</div><div class="MsoNormal" style="text-align: justify;">Taxes are incurred when someone has poor estate tax planning or no estate tax planning. Estate taxes are due nine (9) months after the death and have to paid in cash. No installments. The Estate Tax is a tax on your right to transfer property at your death. Assets have to be sold at the value they can fetch in “fire-sale”. <br />
</div><div class="MsoNormal" style="text-align: justify;">Legal costs such as probate fees etc. again are incurred when there is poor or no estate planning.<br />
</div><div class="MsoNormal" style="text-align: justify;">Here are some of the simple ways to avoid legal fees, costs and taxes (estate taxes or gift taxes).<br />
</div><div class="MsoListParagraphCxSpFirst" style="text-align: justify; text-indent: -0.25in;"><!--[if !supportLists]--><span><span>1.<span style="font-family: "Times New Roman"; font-size-adjust: none; font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;"> </span></span></span><!--[endif]-->Do not die without a will. At least have a will. No will (for estate worth $100,000 or more) = Probate-for sure. Even a will does not avoid probate but it can give some direction to probate court and help move things along much faster. Something is better than nothing.<br />
</div><div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: -0.25in;"><!--[if !supportLists]--><span><span>2.<span style="font-family: "Times New Roman"; font-size-adjust: none; font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;"> </span></span></span><!--[endif]-->Take benefit of tax laws and codes which allow lot of tax savings and cost savings by forming revocable living trust. Revocable Living Trust allows one to take benefit of federal unified tax credit system and save money on legal fees and costs. It also ensures privacy.<br />
</div><div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: -0.25in;"><!--[if !supportLists]--><span><span>3.<span style="font-family: "Times New Roman"; font-size-adjust: none; font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;"> </span></span></span><!--[endif]-->Write out your health care and financial affairs power of attorneys which will help deal with your affairs in the event of a disability rendering you incapable of handling your own affairs. Designate someone who is capable of handling the affairs properly. Base your designation and appointment of your agent on competency and not emotion.<br />
</div><div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: -0.25in;"><!--[if !supportLists]--><span><span>4.<span style="font-family: "Times New Roman"; font-size-adjust: none; font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;"> </span></span></span><!--[endif]-->Title your accounts properly. If you have a checking account with your son or daughter and there is not much money in the same account, designate it as payable upon death to make the transfer easier.<br />
</div><div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: -0.25in;"><!--[if !supportLists]--><span><span>5.<span style="font-family: "Times New Roman"; font-size-adjust: none; font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;"> </span></span></span><!--[endif]-->Give gifts. Of course, everybody cannot or does not need to give gifts; however, gift tax planning is definitely required for individuals with large estates to take benefit of unified tax credit system. Proper gifting on annual basis can go a long way.<br />
</div><div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-indent: -0.25in;"><!--[if !supportLists]--><span><span>6.<span style="font-family: "Times New Roman"; font-size-adjust: none; font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;"> </span></span></span><!--[endif]-->In the event of a business, make sure to properly insure it and have provisions of its continuity. This is critical in the case of partnerships, for example, to express your desire about how the business will continue in the event of one partner’s death. Buy-sell agreements or 2<sup>nd</sup> to die policies are great way to make up for the loss and ensure smooth continuity of the business.<br />
</div><div class="MsoListParagraphCxSpLast" style="text-align: justify; text-indent: -0.25in;"><!--[if !supportLists]--><span><span>7.<span style="font-family: "Times New Roman"; font-size-adjust: none; font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;"> </span></span></span><!--[endif]-->Benefit from Asset Protection strategies to avoid lawsuits or potential liability.<br />
</div><br />
Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-62104875294621225612009-11-22T18:32:00.000-08:002009-11-22T18:33:10.332-08:00What is Probate-the basics.<div style="text-align: justify;">Probate is the Court-administered process which facilitates the transfer of assets of deceased (someone who died) to his or her beneficiaries/next of kin. In California, if the assets owned by deceased are $100,000 or above. The assets subject to probate are those which are not subject to right of survivorship or transferable upon death. A typical example of assets transferable under right of survivorship is real estate owned as community property or joint tenants. An example of property transferable upon death is Payable on Death bank accounts.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">So, if someone dies with a property owned as joint tenant and a POD bank account, there will be no probate. This avoids probate but there are other estate tax and income tax related consequences which render these methods expensive later on (higher tax consequences).<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Purpose of the probate is for the court to take an inventory of all the assets owned by the deceased, make sure that all creditors are paid, handle any and all challenges to will (if any), and then transfer the balance to the persons named in the Will or if there is no will, to transfer the property to lawful heirs under Probate Code.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">So, in reality, if someone has a Will and has assets over $100,000 in assets, the estate will go through probate.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Similarly, if someone dies without a Will, and has assets over $100,000 in assets, the estate will go through probate.<br />
</div>Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-11001603279711613002009-11-19T18:09:00.001-08:002009-11-19T21:03:50.698-08:00How to divide interest in new business!<meta content="text/html; charset=utf-8" http-equiv="Content-Type"></meta><meta content="Word.Document" name="ProgId"></meta><meta content="Microsoft Word 11" name="Generator"></meta><meta content="Microsoft Word 11" name="Originator"></meta><link href="file:///C:%5CDOCUME%7E1%5CManka%5CLOCALS%7E1%5CTemp%5Cmsohtml1%5C01%5Cclip_filelist.xml" rel="File-List"></link><o:smarttagtype name="place" namespaceuri="urn:schemas-microsoft-com:office:smarttags"></o:smarttagtype><style>
<!--
/* Font Definitions */
@font-face
{font-family:Georgia;
panose-1:2 4 5 2 5 4 5 2 3 3;
mso-font-charset:0;
mso-generic-font-family:roman;
mso-font-pitch:variable;
mso-font-signature:647 0 0 0 159 0;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{mso-style-parent:"";
margin:0pt;
margin-bottom:.0001pt;
mso-pagination:widow-orphan;
font-size:12.0pt;
font-family:Georgia;
mso-fareast-font-family:"Times New Roman";
mso-bidi-font-family:"Times New Roman";}
p
{mso-margin-top-alt:auto;
margin-right:0pt;
mso-margin-bottom-alt:auto;
margin-left:0pt;
mso-pagination:widow-orphan;
font-size:12.0pt;
font-family:"Times New Roman";
mso-fareast-font-family:"Times New Roman";}
@page Section1
{size:612.0pt 792.0pt;
margin:72.0pt 72.0pt 72.0pt 108.0pt;
mso-header-margin:36.0pt;
mso-footer-margin:36.0pt;
mso-paper-source:0;}
div.Section1
{page:Section1;}
/* List Definitions */
@list l0
{mso-list-id:40176546;
mso-list-type:hybrid;
mso-list-template-ids:-50984442 67698703 67698713 67698715 67698703 67698713 67698715 67698703 67698713 67698715;}
@list l0:level1
{mso-level-tab-stop:36.0pt;
mso-level-number-position:left;
text-indent:-18.0pt;}
ol
{margin-bottom:0pt;}
ul
{margin-bottom:0pt;}
-->
</style> <br />
<div style="margin: 0pt 0pt 0.0001pt; text-align: justify;">I was consulted by two friends who wished to start a business. They wished to get legal advice on what is the best form of business (benefits of corporation versus sole proprietorship, etc.), lease issues, personal liability of individuals to the lenders in case of default on business loan, hiring and firing of employees, etc. I was impressed with these people. One client had all the questions on his iPhone- putting technology to use. <st1:place w:st="on">Lot</st1:place> of thought seems to go in the process which is a great sign of business planning.<br />
</div><div style="margin: 0pt 0pt 0.0001pt; text-align: justify;"><br />
</div><div style="margin: 0pt 0pt 0.0001pt; text-align: justify;">One of the questions which was most interesting was-how to divide the interest. Both partners were putting in equal amount of money but one partner was going to work in the business and take care of the technical side as well as day-to-day management related issues. The working partner wanted a higher interest as well as a monthly compensation once the business reached a certain level of revenue. The investing partner wanted to know if such division of business equity was fair and reasonable. Specific question was what is the norm?<br />
</div><div style="margin: 0pt 0pt 0.0001pt; text-align: justify;"><br />
</div><div style="margin: 0pt 0pt 0.0001pt; text-align: justify;">There is no particular norm in the industry for division of equity or share. I feel it is all negotiable. It just depends on what value is placed on money invested, work done, product created or service rendered and result obtained. <br />
</div><div style="margin: 0pt 0pt 0.0001pt; text-align: justify;"><br />
</div><div style="margin: 0pt 0pt 0.0001pt; text-align: justify;">However, it is a great idea to talk about these things before hand to avoid future problems. Someone who is going to work in the business will naturally take most of the credit as person is using his technical and management skills based on previous experience. The investing partner is bringing in the money. <br />
</div><div style="margin: 0pt 0pt 0.0001pt; text-align: justify;"><br />
</div><div style="margin: 0pt 0pt 0.0001pt; text-align: justify;">It is interesting to note that even though the money is important to run any business, the things change drastically when someone starts to value his own skills more than the money. If money is not there, the business won't start, however, if the business person is not there to manage functions skillfully then the business will not continue. It is classic "chicken or the egg first?" kind of situation.<br />
</div><div style="margin: 0pt 0pt 0.0001pt; text-align: justify;"><br />
</div><div style="margin: 0pt 0pt 0.0001pt; text-align: justify;">What I felt was that the partners had the following choices:<br />
</div><div style="margin: 0pt 0pt 0.0001pt; text-align: justify;"><br />
</div><div style="margin: 0pt 0pt 0.0001pt 36pt; text-align: justify; text-indent: -18pt;">1.<span style="font-family: "Times New Roman"; font-size-adjust: none; font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;"> </span>Acknowledge that money is important. And that personal credit is being used to qualify for business loan. Bank is requiring personal guarantee. Question becomes how is providing such guarantee!<o:p></o:p><br />
</div><div style="margin: 0pt 0pt 0.0001pt 36pt; text-align: justify; text-indent: -18pt;">2.<span style="font-family: "Times New Roman"; font-size-adjust: none; font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;"> </span>The working partner is contributing his business, technical and management skills.<o:p></o:p><br />
</div><div style="margin: 0pt 0pt 0.0001pt 36pt; text-align: justify; text-indent: -18pt;">3.<span style="font-family: "Times New Roman"; font-size-adjust: none; font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;"> </span>Either divide equally and pay the working partner a certain reasonable monthly amount as Manager. Or give the working partner a little bit higher interest (share) based on his skill if the business can not afford to pay the monthly amount.<br />
4. Loan money the friend/wanna-be-working partner at a market interest rate and be satisfied with the return.<br />
<o:p></o:p><br />
</div><div style="margin: 0pt 0pt 0.0001pt 36pt; text-align: justify; text-indent: -18pt;">5.<span style="font-family: "Times New Roman"; font-size-adjust: none; font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;"> </span>And lastly, walk away from the venture. My logic was that working partner might adjust the interest currently based on business or financial need. However, if working partner already views his experience and skill as more valuable and worth higher interest plus monthly salary, then at later stage, once the business starts to flourish, it might create more problems and might lead to a rift and breakage in relationship and smooth functioning of business.<o:p></o:p><br />
</div><div style="margin: 0pt 0pt 0.0001pt; text-align: justify;"><br />
</div><div style="margin: 0pt 0pt 0.0001pt; text-align: justify;">Good thing is that at least these people are talking about it and discussing it before hand. I am sure based on their relationship, they will be able to reach a happy medium and do well in the business. I certainly wish them well.<o:p></o:p><br />
</div><div style="margin: 0pt 0pt 0.0001pt; text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><br />
</div><br />
Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-20690818388318287952009-11-19T17:36:00.001-08:002009-11-19T17:37:11.203-08:00Corporate Governance<div style="text-align: justify;">Modern corporations are moving towards a progressive era of shareholder franchise which was a myth till yester years. The biggest questions that come to the fore when discussing corporations’ role is that of corporate governance: how companies are run internally and what rules they will play by in the external world. In a narrow sense, good corporate governance means shareholders realize value and boards of directors have an easier time fulfilling their fiduciary duties. More broadly, corporate governance is about the principles that underlie democracy: transparency, checks and balances, and accountability. Good corporate governance means that businesses recognize the duties that correspond to the privileges that society has granted them: favorable tax treatment, limited liability, and so forth.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">I, as an attorney, contribute by being part of a corporation’s professional legal team by advising on what measures you need to take to comply with the modern day corporate governance practices; to legally protect the corporation, directors and officers from shareholder derivative litigation and take care of all legal compliances which the stock exchanges have made mandatory compliance for all public companies listed and trading. Smooth flow of capital, investor faith and reliance on the corporate machinery also directly depends upon good corporate governance structure where the present course of action would be governance restructuring to provide transparency, checks and balances in the functioning of any modern day corporation and create a competitive, fair and ethical corporate climate.<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Here forth is set a list of best governance practices which should be incorporated in the articles of incorporation and to be used as a governance constitution which cannot be modified without shareholders consent and leverage given to the Board of Directors for business oversight:<br />
</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">• Checks and Balances - Transparencies in conduct of corporate affairs.<br />
</div><div style="text-align: justify;">• Active, Informed and Independent Board.<br />
</div><div style="text-align: justify;">• Role and duties of Board of Directors in compliance with governance standards.<br />
</div><div style="text-align: justify;">• Nomination of Directorial candidates and Election Process –CEO selection and succession planning as well as electronic “town hall” system to facilitate proposed shareholder resolutions.<br />
</div><div style="text-align: justify;">• Specific and Active Board Committees – Audit Comm., Governance Comm., Compensation Comm., Risk Management Comm. with independent directors heading them.<br />
</div><div style="text-align: justify;">• Term limits and Auditor rotation.<br />
</div><div style="text-align: justify;">• Compensation limits.<br />
</div><div style="text-align: justify;">• Equity Compensation Programs.<br />
</div><div style="text-align: justify;">• Legal Compliance - Enhanced Legal Department and Ethics Program.<br />
</div><div style="text-align: justify;">• Performance Monitoring.<br />
</div><div style="text-align: justify;">• Non Executive Chairman of the Board of Directors who will be coordinating Board’s work, chairing meetings, organizing CEO and Board Performance audits.<br />
</div>Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-55012173924967928932009-11-16T20:11:00.000-08:002009-11-16T20:11:17.141-08:00What is Estate Planning? and more!!"I want to control my property while I am alive and well, care for myself and my loved ones if I become disabled, and be able to give what I have to whom I want, the way I want, and when I want, and, if I can, I want to save every last tax dollar, attorney fees, and court cost possible."<br />
<br />
(Courtesy, Generations by Esperti and Peterson). Definition adopted by NNEPA.<br />
<br />
Point is make decisions and plans while you can-when you are alive and well. <br />
<br />
My wife is leaving for India for two weeks. I will here with our two kids. She started to tell me what to do. I asked her to write everything down. So, now I have notes from kids' doctors to how to make a dish (so-called recipe) to the kids' menu for breakfast to dinner. It helps to have written instructions!<br />
<br />
How would the world know what you want or should I say wanted if something happens to you!!Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.comtag:blogger.com,1999:blog-8836539213337252362.post-50875451577399560452009-11-13T14:48:00.001-08:002009-11-13T14:51:18.681-08:00Starting a Business-Issues to Consider<div style="text-align: justify;"></div><meta content="text/html; charset=utf-8" http-equiv="Content-Type"></meta><meta content="Word.Document" name="ProgId"></meta><meta content="Microsoft Word 12" name="Generator"></meta><meta content="Microsoft Word 12" name="Originator"></meta><link href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_filelist.xml" rel="File-List"></link><link href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_themedata.thmx" rel="themeData"></link><link href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_colorschememapping.xml" rel="colorSchemeMapping"></link><style>
<!--
/* Font Definitions */
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;
mso-font-charset:1;
mso-generic-font-family:roman;
mso-font-format:other;
mso-font-pitch:variable;
mso-font-signature:0 0 0 0 0 0;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;
mso-font-charset:0;
mso-generic-font-family:swiss;
mso-font-pitch:variable;
mso-font-signature:-1610611985 1073750139 0 0 159 0;}
@font-face
{font-family:Verdana;
panose-1:2 11 6 4 3 5 4 4 2 4;
mso-font-charset:0;
mso-generic-font-family:swiss;
mso-font-pitch:variable;
mso-font-signature:-1593833729 1073750107 16 0 415 0;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{mso-style-unhide:no;
mso-style-qformat:yes;
mso-style-parent:"";
margin:0in;
margin-bottom:.0001pt;
mso-pagination:widow-orphan;
font-size:12.0pt;
font-family:"Times New Roman","serif";
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;}
.MsoChpDefault
{mso-style-type:export-only;
mso-default-props:yes;
font-size:10.0pt;
mso-ansi-font-size:10.0pt;
mso-bidi-font-size:10.0pt;}
@page Section1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;
mso-header-margin:.5in;
mso-footer-margin:.5in;
mso-paper-source:0;}
div.Section1
{page:Section1<meta http-equiv="Content-Type" content="text/html; charset=utf-8"><meta name="ProgId" content="Word.Document"><meta name="Generator" content="Microsoft Word 12"><meta name="Originator" content="Microsoft Word 12"><link rel="File-List" href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_filelist.xml"><link rel="themeData" href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_themedata.thmx"><link rel="colorSchemeMapping" href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_colorschememapping.xml"><!--[if gte mso 9]><xml>
<w:WordDocument>
<w:View>Normal</w:View>
<w:Zoom>0</w:Zoom>
<w:TrackMoves/>
<w:TrackFormatting/>
<w:DoNotShowPropertyChanges/>
<w:PunctuationKerning/>
<w:ValidateAgainstSchemas/>
<w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid>
<w:IgnoreMixedContent>false</w:IgnoreMixedContent>
<w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText>
<w:DoNotPromoteQF/>
<w:LidThemeOther>EN-US</w:LidThemeOther>
<w:LidThemeAsian>X-NONE</w:LidThemeAsian>
<w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript>
<w:Compatibility>
<w:BreakWrappedTables/>
<w:SnapToGridInCell/>
<w:WrapTextWithPunct/>
<w:UseAsianBreakRules/>
<w:DontGrowAutofit/>
<w:SplitPgBreakAndParaMark/>
<w:DontVertAlignCellWithSp/>
<w:DontBreakConstrainedForcedTables/>
<w:DontVertAlignInTxbx/>
<w:Word11KerningPairs/>
<w:CachedColBalance/>
</w:Compatibility>
<w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel>
<m:mathPr>
<m:mathFont m:val="Cambria Math"/>
<m:brkBin m:val="before"/>
<m:brkBinSub m:val="--"/>
<m:smallFrac m:val="off"/>
<m:dispDef/>
<m:lMargin m:val="0"/>
<m:rMargin m:val="0"/>
<m:defJc m:val="centerGroup"/>
<m:wrapIndent m:val="1440"/>
<m:intLim m:val="subSup"/>
<m:naryLim m:val="undOvr"/>
</m:mathPr></w:WordDocument>
</xml><![endif]--><!--[if gte mso 9]><xml>
<w:LatentStyles DefLockedState="false" DefUnhideWhenUsed="true"
DefSemiHidden="true" DefQFormat="false" DefPriority="99"
LatentStyleCount="267">
<w:LsdException Locked="false" Priority="0" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Normal"/>
<w:LsdException Locked="false" Priority="9" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="heading 1"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 2"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 3"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 4"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 5"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 6"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 7"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 8"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 9"/>
<w:LsdException Locked="false" Priority="39" Name="toc 1"/>
<w:LsdException Locked="false" Priority="39" Name="toc 2"/>
<w:LsdException Locked="false" Priority="39" Name="toc 3"/>
<w:LsdException Locked="false" Priority="39" Name="toc 4"/>
<w:LsdException Locked="false" Priority="39" Name="toc 5"/>
<w:LsdException Locked="false" Priority="39" Name="toc 6"/>
<w:LsdException Locked="false" Priority="39" Name="toc 7"/>
<w:LsdException Locked="false" Priority="39" Name="toc 8"/>
<w:LsdException Locked="false" Priority="39" Name="toc 9"/>
<w:LsdException Locked="false" Priority="35" QFormat="true" Name="caption"/>
<w:LsdException Locked="false" Priority="10" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Title"/>
<w:LsdException Locked="false" Priority="1" Name="Default Paragraph Font"/>
<w:LsdException Locked="false" Priority="11" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Subtitle"/>
<w:LsdException Locked="false" Priority="22" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Strong"/>
<w:LsdException Locked="false" Priority="20" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Emphasis"/>
<w:LsdException Locked="false" Priority="59" SemiHidden="false"
UnhideWhenUsed="false" Name="Table Grid"/>
<w:LsdException Locked="false" UnhideWhenUsed="false" Name="Placeholder Text"/>
<w:LsdException Locked="false" Priority="1" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="No Spacing"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 1"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 1"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 1"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 1"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 1"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 1"/>
<w:LsdException Locked="false" UnhideWhenUsed="false" Name="Revision"/>
<w:LsdException Locked="false" Priority="34" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="List Paragraph"/>
<w:LsdException Locked="false" Priority="29" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Quote"/>
<w:LsdException Locked="false" Priority="30" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Intense Quote"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 1"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 1"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 1"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 1"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 1"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 1"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 1"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 1"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 2"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 2"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 2"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 2"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 2"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 2"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 2"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 2"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 2"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 2"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 2"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 2"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 2"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 2"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 3"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 3"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 3"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 3"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 3"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 3"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 3"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 3"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 3"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 3"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 3"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 3"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 3"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 3"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 4"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 4"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 4"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 4"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 4"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 4"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 4"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 4"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 4"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 4"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 4"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 4"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 4"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 4"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 5"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 5"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 5"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 5"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 5"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 5"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 5"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 5"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 5"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 5"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 5"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 5"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 5"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 5"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 6"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 6"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 6"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 6"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 6"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 6"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 6"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 6"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 6"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 6"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 6"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 6"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 6"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 6"/>
<w:LsdException Locked="false" Priority="19" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Subtle Emphasis"/>
<w:LsdException Locked="false" Priority="21" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Intense Emphasis"/>
<w:LsdException Locked="false" Priority="31" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Subtle Reference"/>
<w:LsdException Locked="false" Priority="32" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Intense Reference"/>
<w:LsdException Locked="false" Priority="33" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Book Title"/>
<w:LsdException Locked="false" Priority="37" Name="Bibliography"/>
<w:LsdException Locked="false" Priority="39" QFormat="true" Name="TOC Heading"/>
</w:LatentStyles>
</xml><![endif]--><style>
<!--
/* Font Definitions */
@font-face
{font-family:Wingdings;
panose-1:5 0 0 0 0 0 0 0 0 0;
mso-font-charset:2;
mso-generic-font-family:auto;
mso-font-pitch:variable;
mso-font-signature:0 268435456 0 0 -2147483648 0;}
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;
mso-font-charset:0;
mso-generic-font-family:roman;
mso-font-pitch:variable;
mso-font-signature:-1610611985 1107304683 0 0 159 0;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;
mso-font-charset:0;
mso-generic-font-family:swiss;
mso-font-pitch:variable;
mso-font-signature:-1610611985 1073750139 0 0 159 0;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{mso-style-unhide:no;
mso-style-qformat:yes;
mso-style-parent:"";
margin-top:0in;
margin-right:0in;
margin-bottom:10.0pt;
margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
.MsoChpDefault
{mso-style-type:export-only;
mso-default-props:yes;
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
.MsoPapDefault
{mso-style-type:export-only;
margin-bottom:10.0pt;
line-height:115%;}
@page Section1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;
mso-header-margin:.5in;
mso-footer-margin:.5in;
mso-paper-source:0;}
div.Section1
{page:Section1;}
/* List Definitions */
@list l0
{mso-list-id:40063081;
mso-list-template-ids:1020436090;}
@list l0:level1
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:.5in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Symbol;}
@list l1
{mso-list-id:383256946;
mso-list-template-ids:189973814;}
@list l1:level1
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:.5in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Symbol;}
ol
{margin-bottom:0in;}
ul
{margin-bottom:0in;}
-->
</style>
<meta content="text/html; charset=utf-8" http-equiv="Content-Type"></meta><meta content="Word.Document" name="ProgId"></meta><meta content="Microsoft Word 12" name="Generator"></meta><meta content="Microsoft Word 12" name="Originator"></meta><link href="file:///C:%5CUsers%5CTHEKIN%7E1%5CAppData%5CLocal%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_filelist.xml" rel="File-List"></link><style>
<!--
/* Font Definitions */
@font-face
{font-family:Wingdings;
panose-1:5 0 0 0 0 0 0 0 0 0;
mso-font-charset:2;
mso-generic-font-family:auto;
mso-font-pitch:variable;
mso-font-signature:0 268435456 0 0 -2147483648 0;}
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;
mso-font-charset:0;
mso-generic-font-family:roman;
mso-font-pitch:variable;
mso-font-signature:-1610611985 1107304683 0 0 159 0;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;
mso-font-charset:0;
mso-generic-font-family:swiss;
mso-font-pitch:variable;
mso-font-signature:-1610611985 1073750139 0 0 159 0;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{mso-style-unhide:no;
mso-style-qformat:yes;
mso-style-parent:"";
margin-top:0in;
margin-right:0in;
margin-bottom:10.0pt;
margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
.MsoChpDefault
{mso-style-type:export-only;
mso-default-props:yes;
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:Calibri;
mso-fareast-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
.MsoPapDefault
{mso-style-type:export-only;
margin-bottom:10.0pt;
line-height:115%;}
@page Section1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;
mso-header-margin:.5in;
mso-footer-margin:.5in;
mso-paper-source:0;}
div.Section1
{page:Section1;}
/* List Definitions */
@list l0
{mso-list-id:40063081;
mso-list-template-ids:1020436090;}
@list l0:level1
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:.5in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Symbol;}
@list l1
{mso-list-id:383256946;
mso-list-template-ids:189973814;}
@list l1:level1
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:.5in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Symbol;}
ol
{margin-bottom:0in;}
ul
{margin-bottom:0in;}
-->
</style><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">So,
you have decided to start your own Business. My first advice would be to read
The E-Myth Revisited by Michael Gerber. <o:p></o:p></span>
<div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"></div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Secondly,
how you run your business is your business. I, as an attorney, can contribute by
being part of your professional team by advising on what measures you need to
take to comply with the law and also to legally protect yourself.<o:p></o:p></span>
</div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"></div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">So, if you are confused about which
business licensing department to visit first or which corporate form to select
or what paperwork you need to open your bank accounts, don't worry. Most new
business owners are. You just need to make sure that you either have the time
to do the research and no money or that you want to do it right and hire the
right professional to help you with the process. <o:p></o:p></span>
</div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"></div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Typical issues are:<o:p></o:p></span>
</div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"></div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"><b><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Licensing</span></b><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">.
City, County, State licenses and registrations. Make sure to comply with the
City, County or State requirements. For example, if you are going to be
conducting the business in your name alone and working from home, you still
need to register the business with the city and obtain license. However, if you
plan to form a company, you have to also register the company with the State
and file incorporation documents in addition to registering with the City. See the
difference and importance!! Of course, you knew that. <o:p></o:p></span>
</div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"></div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"><b><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Sole proprietorship vs. Corporation</span></b><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">. So, if you have looked into what form of business you are
going to conduct and if it is going to be individual name or proprietorship,
then you do not have much to worry about. However, if it is going to be a
corporation, you still have to decide whether it is going to be LLC or P. C. or
C Corporation or S Corporation. <o:p></o:p></span>
</div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"></div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">And different options are available
to people depending upon what is their background, who else is involved and
what their objectives are. For example, a doctor can have Professional
Corporation (P. C.) but an Engineer cannot. Whether the corporation is going to
be a C-corporation or S-corporation also needs to be decided based on the
objectives of the corporation. A good CPA can help in the decision making
process.</span>
</div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"></div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt;"><b>Professional Advisory Team</b>. Who will help you on legal matters? Legal matters can vary from simple incorporation to complex employment or corporate Governence. Who will help you with tax planning and strategy? Who will help you with Marketing? Insurance and Financial planning is a big part of running a business. So, make sure to identify your lawyer, CPA, Insurance Agent, etc. before you need them.
</span>
</div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt;"></span>
</div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt;"><o:p></o:p></span>
</div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"></div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Here is a short list of documents
which are required as well.<o:p></o:p></span>
</div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"></div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Governing Documents<o:p></o:p></span>
</div><div class="MsoNormal" style="line-height: normal; margin: 0in 0in 0.0001pt; text-align: justify; text-indent: 0in;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Operating Agreements<o:p></o:p></span>
</div><ol><li><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Shareholder Agreements<o:p></o:p></span> </li>
<li><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Bylaws<o:p></o:p></span> </li>
<li><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Buy-Sell Agreements<o:p></o:p></span> </li>
<li><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Partnership Agreements<o:p></o:p></span></li>
</ol><div class="MsoNormal" style="line-height: normal; margin: 0in 0in 0.0001pt; text-align: justify; text-indent: 0in;"></div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"></div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Employee Related:</span>
<span style="font-family: "Times New Roman","serif"; font-size: 12pt;"> </span>
</div><ol><li><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Employee Manuals<o:p></o:p></span> </li>
<li><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Independent Contractor Agreements<o:p></o:p></span> </li>
<li><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Employee Agreements<o:p></o:p></span> </li>
<li><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Confidentiality Agreements<o:p></o:p></span> </li>
<li><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Non-Disclosure Agreements<o:p></o:p></span> </li>
<li><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">Noncompete Agreements<o:p></o:p></span></li>
</ol><div class="MsoNormal" style="line-height: normal; margin: 0in 0in 0.0001pt; text-align: justify; text-indent: 0in;"></div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"></div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">It's much easier and far less
expensive to do things right at the start than to try to fix a mistake down the
road. With all the laws and regulations out there, it's easy to make a mistake.
I have seen too many people get excited
about working together and not paying attention to legal aspects and then later
paying for the mistakes. <o:p></o:p></span>
</div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"></div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt;"> More later….stay
tuned!!<o:p></o:p></span>
</div><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt; text-align: justify;"></div><span style="font-family: "Verdana","sans-serif"; font-size: 12pt;">
</span>
<br />
Anonymoushttp://www.blogger.com/profile/00795057889583192687noreply@blogger.com