The advances in portable computers and wireless technologies have decreased the demand placed on IT departments to support the legal team outside the office
a. True
b. False
Indicate whether the statement is true or false
False
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The ABA's Legal Technology Advisory Council is set up to help firms handle large volumes of documents.
Answer the following statement true (T) or false (F)
Example: Let’s visit Donald and Margie Rivers. They have a combined wealth of $13 million. In January of 2016, Donald Rivers dies. When he dies, $11.4 million of the assets are Donald’s. This portion of the trust will be funded with $5,970,000. This amount of money is the irrevocable portion of the trust and not subject to estate taxes upon Donald’s death, taking full advantage of his
estate tax credit. This amount is arrived at by taking the amount Donald had at his death, $11.4 million and subtracting the $5,430,000 of the estate tax exemption. This is an example of? a. Discretionary trust b. Bypass trust c. Revocable trust d. Testamentary trust
Another word for honesty is tactfulness
a. True b. False
A reverse mortgage is one in which a bank pays a homeowner the equity in his home in exchange for taking title to the home.
a. true b. false