Set-off clauses give the lender the right to set-off – the legal right to seize funds from the debtor or a debt guarantor. They are part of many loan agreements and can be structured in different ways. Lenders may choose to include a set-off clause in the agreement to ensure that in the event…
In general, the settlement agreement will specify who is entitled to claim which of the children, as well as various conditions under which this will change. However, the agreement only determines what you and your spouse have decided as to who is eligible for the exemption. In accordance with Section 152(e) of the Internal…
People often ask, „What does due diligence mean?“ Due diligence is often expressed in situations of investments, real estate, mergers and acquisitions (M&A), law or even everyday life. However, very few people knew the true meaning of the phrase „exercise due diligence.“ Others may wonder how to pronounce it, how to define „due diligence“…
Contradictions in the traditionally capitalist economy of the apartheid state have led to considerable debate about racial politics and division and conflict in the central state. [204] To a large extent, the political ideology of apartheid had emerged from the colonization of Africa by European powers that institutionalized racial discrimination and practiced a paternal…
A lawyer can help you determine if your contract should be in writing. On the other side of the coin, if you believe that a contract you have signed or will sign violates the writing and/or signing requirements, you should also contact an experienced business lawyer to help you clarify this. When choosing a…
How to make an offer for a home you love? Tip: Get a great real estate agent on board! But we also have other tips on what to expect. Enrollment agreements typically include provisions for early termination of the contract, but there may be penalties, including financial implications. In a net offer, you set…
On the other hand, if the client pays a contractor more than $600 within one year, a Form 1099-NEC (which was previously part of box 7 1099-MISC) is required. This form will be submitted to the IRS and a copy will be provided to the contractor. Creating a clear, concise and mutually beneficial document…
For more information on superannuation consent orders, see the Consent Orders Package. We advise clients who are dealing with an unreliable spouse or who are concerned that their spouse will not abide by an agreement to obtain a consent form for any reason. These factors can help you decide whether a consent order is…
Alternative Dispute Resolution (ADR) is another path you can take before starting a legal dispute. ALTERNATIVE RESOLUTION METHODS INCLUDE ALL DISPUTE RESOLUTION TECHNIQUES THAT AVOID TAKING THE ISSUE TO COURT, of which mediation is the most common example. One parent denies the other the court-ordered access to which he is entitled. Being convicted in…
Tips for getting out of it: „I always recommend waiting with an active flare-up until the urge to push is overwhelming,“ Sheffield says. This way, you work with your body and save your energy. (If you`ve had an epidural and don`t feel the urge to press so hard, your doctor will let you know…
