Mental Illness and Marriage Laws: Capacity, Annulment, and Guardianship
Learn how mental illness and marriage laws work, from capacity to consent and grounds for annulment to guardianship issues and the financial fallout afterward.
How a Trust Works: Setup, Funding, Taxes, and Distribution
Learn how a trust works, from setting it up and transferring assets into it through tax treatment, trustee duties, and how property eventually reaches beneficiaries.
Risk Aversion Defined: Meaning, Measurement, and Influences
Learn how risk aversion shapes financial choices, from how it's defined and measured to the personal factors that influence your tolerance for risk.
Limited Power of Attorney (LPPO): Uses, Validity, and Termination
Learn how a limited power of attorney works, from common uses and the agent's authority to what makes it valid, when it ends, and how banks accept it.
How Many Shares Should I Issue When Incorporating?
Learn how to decide how many shares to issue when incorporating, from setting authorized counts and founder allocations to par value, taxes, and vesting.
The History of Trusts in America: From Colonial Roots to Dynasty Trusts
Learn how the history of trusts in America evolved from English common law roots through American innovations to modern tax and dynasty planning.
Liquor License Ownership Limits and True Party of Interest Rules
Learn how liquor license ownership rules work, from limits on how many licenses one person can hold to who must be disclosed and how changes are reported.
Legal Requirements for Running a Bed and Breakfast
Learn how the legal requirements for running a bed and breakfast come together, from zoning and licensing through safety, insurance, and tax compliance.
Degrees of Kinship: How They’re Counted and Who Inherits
Learn how degrees of kinship are counted and used, from the two counting methods to who inherits without a will and how shares pass through generations.
Acknowledgment of Indicated Changes: Submission, Timing, and Proof
Learn how a change acknowledgment works, from what it should contain and how to submit it through when the new terms take effect and how to preserve proof.