Articles Posted in General Legal News

We’ve all had the fantasy. We hit the numbers big time in the lottery. Now we’re all set for life, financially. Now of course the chances of hitting it big in the lottery are infinitesimal, but what if you come into a large sum of money through an inheritance or other means? When we see…

In the last ten years business in the U.S. have turned to arbitration to create an alternate system of justice where “rules tend to favor businesses, and judges and juries have been replaced by arbitrators who commonly consider the companies their clients.” The change has been swift and virtually unnoticed, even though it has meant…

Many people get confused between Medicaid and Medicare. So, what’s the difference? While, both programs were federally created, they do different things Basically Medicare is health insurance for people 65 or older and Medicaid is for people who meet certain income requirements. While Medicare will pay for some rehabilitative services in a nursing home, Medicaid…

The upstate Albany County town of Guilderland has replaced their town justice Richard Sherwood, after he was arrested for stealing $4.2 million from a trust fund he oversaw. Sherwood and a long time associate attorney Thomas Lagan were arrested and charged with two counts of grand larceny and a scheme to defraud. The two were…

The IRS says that identity thieves are not only stealing people’s identities, they are filing fake tax returns using those identities. The IRS says identity thieves came up with the scam around 2008 and they have been having a hard time stopping it. In fact the practice has tripled in the last 5 years. The…

Last year we wrote about the scandal in Michigan’s probate system; about how some attorneys and real estate brokers were working together to cheat heirs out their inheritances, legally. Now another scandal has emerged with the news that Oakland County Probate Judges in Michigan have hired an attorney who is under criminal investigation. We posted…

The new tax law doubles the amount that can be passed to heirs without them having to worry about estate and gift taxes. The amount works out to about $22 million for a married couple, but is only in place until 2025. Due to this, the uber-rich are turning to what are called dynasty trusts,…

As if former Trump aide didn’t have enough problems being federally indicted on money laundering charges. A California bankruptcy trustee filed suit against him claiming he falsely claimed he was a creditor owed $2.7 million in failed real estate deal involving his former son-in-law. Trustee Thomas Casey filed the lawsuit on Thursday in the federal…

After over 100 years of being in the mucil instrument business, famed Gibson Guitars has filed fo bankruptcy. The company filed for bankruptcy protection in Delaware, an action many have for some time. The company owes as much as $500 million and that debt has burdened it over the years. According to Bloomberg News, a…

You’ve Been Injured And Filed A Lawsuit. You Can’t Work And Bills Are Piling Up. Then You See A Commercial On Television Saying You Can Get Cash In Advance Of Your Settlement. The Spokesman Says There Is Risk To You. Unfortunately, There Is. Lawsuit loans seem very attractive to plaintiffs awaiting judgments or settlements in…