Jorge is meeting for the first time with his attorney to discuss his upcoming divorce action. He is confused by what he hears about alimony and property division as it all seems to go to the same place — his wife! Among other things, his lawyer is likely to tell him all BUT which one of the following?
A) If he has to pay alimony, the payments will be deductible but property division transfers will not be.
B) If he files for bankruptcy, alimony will not be dischargeable but a pending transfer of property may be in some circumstances.
C) Alimony tends to extend the relationship between the parties over time whereas property division is more likely to "cut the economic cord" between the spouses.
D) He will likely be ordered to pay alimony if he has engaged in any kind of misconduct during the marriage.
D
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Which of the following scenarios are true?
a. Gary was married to Pam and Gary died on 5/21/15. Pam had not remarried at the end of 12/15, so Pam is going to file a joint tax return by April 15, 2016 b. Gary was married to Pam and Gary died on 5/21/15. Pam had not remarried at the end of 12/15, so Pam is going to file a joint tax return by April 15, 2015 c. Bobby died in February 2015, her personal representative does not have to file taxes until April 15, 2016 d. Bobby died in February 2015, and had no personal representative, so no taxes need to be filed for that year
Deductible expenses are determined by the
A) Ones source of income B) Monthly expenses C) Bank statements D) Necessary expense test
Charlie is unhappy with the custody and visitation orders from the court. He was told by "buddies" of like mind and plight that he is stuck with the orders and should just learn to live with them. Charlie refuses to take this do-nothing attitude. He has gone to see an attorney and was told the following:
What will be an ideal response?
?Depending on the facts, reliance could be used as an exception to the UCC § 2-201(1) writing requirement of the Statute of Frauds.
Answer the following statement true (T) or false (F)