Showing posts with label Law. Show all posts
Showing posts with label Law. Show all posts

Thursday, May 28, 2009

Head on Collision and Plugs

Some of you have asked what do I actually do for a living. so I thought i might try and explain a little. today i had a really good day at work, a case that I was asked to help out in was resolved favorably. A few years ago my client was hit, head on, in a motor vehicle accident and suffered multiple traumas including a broken collarbone, broken jaw and various other contusions of her body. Today, I and another attorney sat in a room with the insurance company’s attorneys along with a mediator and settled this case. We do this instead of going to court, as it will produce a settlement sooner rather than later and if we don’t like the results we can always go to court. Anyone want to guess at the settlement amount? There might be a prize in it for the person who comes closest to the settlement amount.

Originally I went to school to be a patent attorney because I have the engineering background, but let tell you its boring work. Patent are given for new inventions or parts there of. I quit that first job I had at a firm after two months and have developed a practice of my own. I keep everything I make except what I have to give my only partner, the government in taxes.

I rarely get involved with this type of work or criminal work, as I prefer to estate planning and tax avoidance work. I basically teach people how to minimize any estate tax or other tax they may owe upon their deaths. I know how do you get taxed at death, well in America the government wants a piece of you if you die with too much money. If you have an Estate, all your property comprises your estate, then the government places a 50% tax on all monies over 2 million dollars. So to be clear if your mom is worth 3 million dollars when she dies her children get 2.5 Million and the government gets .5 million. My job is to determine a way to let you keep the whole 3 million. I also help people plan to avoid paying for things like nursing home care. Basically if there is a way to minimize any payments owed to the federal government I will show a client how to do it.

I also do some civil Litigation, mostly involving probate which is the transfer of property from a decedent to his beneficiaries. As a side note, now every time I raise in court to make an objection, I have to laugh to myself thinking of something Mboy said one night. Court cases in America take about a year to two years before they are heard in trial at court and quite frankly the cases usually settle, before trial.

Lately due to the economy I have been doing a lot of bankruptcies. I have been talking to banks about trying to stop foreclosure actions and keep people in their homes. But a lot of what I do is simply talking to clients about their options and getting paid for it, it’s almost an enjoyable job sometimes. I highly recommend it to anyone out there. And I want to let you all know if you need some help or have a question please ask, even if you are not from the US I can usually access any countries laws.

New followers are Scotty a 20 year old, he is a friend from youtube, some of you may know him from the 5SortaStraightGuys channel or his own channel and his blog Endless Waltz; Cian a 20 year old, Keys Blog, a new Irish blogger and you got to love the Irish; and RJ, chips and fiasco blog, a16 year from my native state, thank you very much for following. If you watch yuotube give him a look and lets say hi to Cian and RJ, if you have a moment.

New Blogggers:

Rusano, an 18 year old aussie whose blog is aishiteru-lover

Lance 19 year old american whose blog is ramblingsofalostmind

Formysake a 20 year old american whose blog is allformysake

Nick a 15 year old whose blog is Simply Nick

Ray a 47 year old whose blog is Ray's Blog

Lets all wish them a warm welcome if you can. Well thanks again for reading and if you have any questions on what I do or a legal question in general, please just ask. On a last note i really want to wish all those suffering to night for what ever reason AJ, Jake, MBoy, Jordan and anyone else going through tough times, I hope your life improves shortly and you can continue blogging or achieving your gaols. We all miss you and hope the best for you.

Thanks for reading take care and be safe

Cvn70