by hoodlawkc | Tax Planning, Estate Planning
Rising costs of college and other higher education over the past several years, coupled with inflation and lack of a matching increase in average salary have made college education out of reach for many families. Baby boomer grandparents are now stepping in more than...
by hoodlawkc | Tax Planning
(U. S. Supreme Court, Slip No. 13–485. May 18, 2015) Brian and Karen Wynne challenged Maryland’s position of “double taxation” in which Maryland refused to credit taxes paid to other states on their county income tax while allowing for the income tax credit against...
by hoodlawkc | Estate Planning
With the landmark ruling by the U.S. Supreme Court this summer allowing for same-sex marriage, a large contingent of Americans will have dramatic changes to their legal rights beyond the choice to marry whom they choose. Obergefell v. Hodges, (U.S. Supreme Court, Slip...
by hoodlawkc | Litigation
In 2005 the Missouri legislature and governor passed broad, sweeping laws under the guise of “tort reform.” One aspect of the new law greatly changed where litigants could file lawsuits. To simplify to a great detail: before the change, most tort lawsuits could be...
by hoodlawkc | Tax Planning, Tax Law
Community Property, a marital property regime primarily adopted in the western states as a result of Mexican and Spanish law influences, has been the cause of confusion and disputes in divorce and probate proceedings but also may present a substantial tax advantage in...
by hoodlawkc | Business Law
Last month, the Missouri Court of Appeals for the Eastern District found that a corporation’s confession of a judgment when it was broke and could not and would not pay was enough of a fraud to contribute to veil piercing, despite a long line of cases indicating that...
