Blog Posts in March, 2010

• Posted By Ajalat & Ajalat, LLP 30-Mar-2010

  Opinion: There Shouldn't Be An Estate Tax Anyway!

  This sentence is taken directly from the IRS website's definition of the "estate tax": "The Estate Tax is a tax on your right to transfer property at your death." That definition doesn't sit well with us for a couple of ...

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• Posted By Ajalat & Ajalat, LLP 23-Mar-2010

  New Study Finds Hands-Free Laws Are Not Reducing Accidents

  In the July, 2008 issue of The Legal Report, we asked whether the new "hands-free" law would have the intended effect of making our roads safer. Our prediction was that the law will have no net effect. A recent study by the Highway Loss ...

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• Posted By Ajalat & Ajalat, LLP 22-Mar-2010

  Status of the Estate Tax Exemption

  Let's say your name is Richy Rich and you died with an estate valued at $50 million. If you died in 2009, you were able to pass $3.5 million to your heirs tax free, with an estate tax on the remaining $46.5 million. The tax (of 45%) would be ...

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• Posted By Ajalat & Ajalat, LLP 11-Mar-2010

  New Credit Card Law Now In Effect with Protections for Young Adults

  The New Credit Card protections outlined in the September, 2009 The Legal Report have now gone into effect (see our blog at www.Ajalatlaw.com). In addition to the new regulations on existing credit card accounts (e.g., limitations on fees, interest ...

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• Posted By Ajalat & Ajalat, LLP 3-Mar-2010

  Help Your Community By Returning Your Census

  As required by Article I, _2 of the United States Constitution, the United States Census Bureau will be taking the national census this year and as required by Title 13, _221 of the United States Code, you must participate. History of the Census. ...

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