Wall Street Journal | Law Firm Newswire

Roseville, CA (Law Firm Newswire) November 8, 2016 – The increasing life span for many Americans translates into the need for more financial support as they age. While men live an average of 76 years, women, on average, live for 82 years. This is a significant increase over what it was just a few decades ago. If people fail to plan for those extra years, this can end up causing great financial stress and pose a threat to the ability of the elderly to continue having a high quality of life. According to a study published by the American Association […]


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Fairfax, VA (Law Firm Newswire) December 22, 2015 – Noncustodial parents may soon be able to spend more time with their children in light of recent consideration, on the part of almost two dozen states, of a reform of child custody law that would involve shared custody of children following divorce or separation. A press release from the National Parents Organization (NPO), which supports shared parenting in divorce, said that the states that are contemplating a reform of parental laws may give children what they really want and need, which is an equal amount of time with each parent in […]


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Palo Alto, CA (Law Firm Newswire) January 16, 2015 – According to a recent report in the Wall Street Journal, wealthy families are increasingly setting up private trust companies to manage their assets, rather than using traditional trust companies. “Private trust companies offer families more flexibility and more control,” said Michael Gilfix, a Palo Alto estate planning attorney with Gilfix & La Poll Associates LLP. “It is easy to see why more and more super-wealthy families are selecting this option, although there are potential downsides.” One reason many families choose to create a private trust company, reports the Wall Street […]


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Palo Alto, CA (Law Firm Newswire) January 2, 2015 – A recent article in the Wall Street Journal describes a transformation in estate planning for individuals or couples who have significant assets, but who are not subject to the federal estate tax. With a federal estate tax exemption set at more than $5 million per individual — a figure set to rise — tax reporter Laura Saunders says that capital gains taxes are now the driving concern in estate planning for many affluent Americans. “Saunders is absolutely right to point out that, particularly for Californians, capital gains taxes can pose […]


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Austin, TX (Law Firm Newswire) December 12, 2013 – A lawsuit accuses J.P. Morgan Chase of double-leasing oil land. Orca Assets G.P. LLC, a small energy-investment company based in Houston, has filed suit in U.S. District Court in Dallas against J.P. Morgan, alleging fraud and negligent misrepresentation. According to the lawsuit, Orca agreed to lease over 900 acres in south Texas for $3.2 million three years ago. However, before Orca was able to drill for oil on the property, the company learned that the land had already been leased to another company. J.P. Morgan represented the seller, the Red Crest […]


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Waxahachie, TX (Law Firm Newswire) August 16, 2013 – Federal regulations issued by the Federal Motor Carrier Safety Administration (FMCSA) have decreased the maximum average work hours for drivers of large trucks. Large truck or semi-truck drivers can now only work an average of 70 hours per week, reduced from 82 weekly hours. Also new: drivers must take one 30-minute break within the first eight hours of their work shift, and must stick to the current rule of driving no more than 11 hours in one day, and work no more than 14 hours per day. The new rules took […]


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