| Like-Kind Exchanges |
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| Internal Revenue Code § 1031 provides the procedure for a little-used tax shelter known as a like-kind exchange. In essence, §1031 allows the exchange of business or investment property for other business or investment property of like-kind, with tax-deferral benefits. More... |
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| Estimating the Costs of Interstate Moving Expenses -- The Non-Binding Estimate |
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| Federal law regulates the business of carriers who transport household goods from one state to another. Federal laws and the regulations adopted by the Federal Motor Carrier Safety Administration (FMCSA) come into play to advise customers of their rights, including the right to have a mover provide a written estimate of the cost of the move. The estimate may be either binding or nonbinding. With each kind of estimate, certain rules apply. More... |
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| Explanation of Mediation |
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| We all hope to live harmoniously with our neighbors. Sometimes, however, disputes arise due to varying lifestyles. One way to resolve disputes is through the use of a form of alternative dispute resolution known as mediation. More... |
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| Estates in Property -- Fee Simple |
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| Fee simple is the type of ownership that embraces every interest in property. In other words, when a person owns property in fee simple, there are no limitations on his or her right to possess, use, sell, or pass the property on to his or her descendants through a will or a trust. The owner of a fee simple estate owns the whole bundle of rights. More... |
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| Resolution of Disputes with Interstate Household Goods Carriers |
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| When a customer contracts with a mover to transport household goods across state lines, federal law requires that the mover's contract include a provision for arbitration as a method of resolving any disputes that arise. Although the arbitration provision is required, the customer may resort to the court system and is not obligated to first go through the arbitration process. More... |
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