Posts written by buteralaw

Latin Lovers

In a recent trip to London, I discovered that Latin phrases are more prevalent in Great Britain, especially in connection with matters of royalty. It seems many of the buildings occupied by the royal family (including Buckingham Palace) have the letters “ER” displayed prominently, as… Continue reading

Collection — Get Your Money’s Worth (Anatomy of Successful Collection)

An entire industry has grown up around the collection of debts. In fact, this industry had gone to such extremes in the past (such as calling a debtor from the emergency room of a local hospital, telling him a loved one is injured, and then… Continue reading

The Queen’s English — ‘Bout Done with Apostrophes

Previously we spoke of apostrophes and contractions where we combine two words such as a pronoun and a verb (“They’ve left.”). There are other times when the apostrophe is used when letters in a word are being omitted. Some illustrations: ‘burbs for suburbs ne’er (do… Continue reading

Nursing Home Care

We are frequently asked questions regarding Medicaid eligibility to cover nursing home costs. Often, the questions are raised when the need for nursing home care is imminent; it may be too late to establish an ideal plan regarding nursing home care, but usually some planning… Continue reading

Recent Changes for IRAs and Retirement Plans

The IRS has just released new rules for IRAs and employer-sponsored retirement plans (e.g., 401(k) plans). The sweeping changes are effective immediately. However, IRA owners may continue to apply the old rules for the year 2001. Surprisingly, the IRS has taken a number of complex… Continue reading

Copyright – Work Made for Hire

When a company hires a consultant to develop software for its business, who owns the copyright to that work, the company or the consultant? The answer depends on whether (1) the consultant is considered an employee of the company or an independent contractor, and (2)… Continue reading

Slip and Fall Injuries

With the slick winter weather we are seeing a rise in the number of slip and fall incidents occurring in public places. Serious injuries, including broken bones, back injuries, and various types of strains and sprains are being reported. Normal, healthy people rarely fall down… Continue reading

Foundations Made Easy

Several months ago we commented upon a method which was designed to reduce an individual’s federal estate taxes to zero. One of the key components of this type of estate plan is the organization of a family foundation. We have worked with a number of… Continue reading

The Letter of Intent — The Letter of Intent

At various stages of a business negotiation it seems inevitable that someone involved in the transaction will suggest a letter of intent (“LOI”) to be signed by both parties to encapsule the terms of the transaction in an abbreviated manner. It is an effort to… Continue reading

Pardon Me!

Since Bill Clinton left office the subject of pardons has been in the news almost daily, due largely to the pardon granted Marc Rich. As a result, the idea of granting a pardon to a convicted criminal may be getting a bad rap. Without question… Continue reading