MLM Counties News. Notices. Need-to-know Information.

Estate of Albert Strangi v. Commissioner of Internal Revenue, T.C. Memo 2003-145, U. S. Tax Court, May 20, 2003. Albert Strangi contributed approximately $11 million in assets to Strangi Family Limited Partnership (FLP). The contribution, which included his personal residence, ...

On September 11, 2003, the Missouri Legislature overrode Gov. Bob Holden’s veto of the Carry and Conceal bill. While guns rights advocates declare a victory and others criticize the Legislature for violating the clear will and vote of the people ...

This week’s “tip” in the area of “administration” is New Matter Reports. The title of these reports is hopefully self-explanatory. They provide a listing of important information with regard to opening a new matter that is going to be handled ...

There is one primary threat facing the United States as it leads the way in a war on terrorism and works through the current phase of securing and establishing a democratic government in Iraq. It is not the extremist factions ...

Value per Buy-Sell Agreement Cole v. Cole, 2003 Ark. App. LEXIS 348 (Ark. Ct. App. April 30, 2003), Judge Vaught. The interesting issue in this case is the reliance on the value stipulated in the shareholders buy-sell agreement in a ...

This week I will speak about administration as one of the five areas that make up every business as well as discuss additional reasons to use the PNM (Prospective New Matter) Reports we talked about last week. We as lawyers ...

When a business is seeking equity or debt financing, they generally must submit a business plan to potential buyers and lenders. Such documents are also helpful to appraisers valuing a closely held business for other purposes or for calculating lost ...

This week I will introduces the second piece of the five things it takes to make up every business. Administration or organizing the administrative structure. Another way to look at the administration issue is to try and see it as ...

Regardless of your area of practice, at some point you have had to understand a client’s (or opposing party’s) financial position or earning power. This may have been necessary for a variety of reasons, including division of marital property, allocation ...

In each of the previous articles with regard to getting clients, keeping clients and making them happy, we have put a small box in each of the articles entitled: “Today’s Homework.” We explained to you clients were just the first ...

It is a common perception that criminal defendants have “too many rights” which frustrate the efforts of police and prosecutors to put them behind bars. The typical scenario, as played on countless TV shows, is that the victim of a ...