Cooperatives & Condominiums
In-depth analysis of recent rulings.
Index
Everything contained in this issue, in an easy-to-read format.
Features
Recording Mortgage Fraud
Mortgage fraud, which usually starts with a forged deed or a deed obtained by fraudulent means, is a burgeoning national problem. The title industry has good reason to complain and is definitely receptive to any efforts that reduce fraud in the real estate marketplace. The devil, however, is in the details.
Features
Litigation
Recent rulings of interest to you and your practice.
Federal Judge Critical of Firm's Fee Petition in Custody Case
In the current economic crisis, requests for attorney fees are being examined even more closely. A federal judge recently sharply rebuked a team of lawyers for filing an "excessive" fee petition after winning an international custody case, saying their bill of more than $163,000 in fees and expenses was simply too large for a "garden variety" custody battle.
Matrimonial Planning Through Economic Turmoil
The markets are in turmoil. Tax, business, economic and, investment matters are increasingly uncertain. These developments affect every aspect of matrimonial planning and may continue to do so for years. Practitioners need to reevaluate all aspects of their planning. This article provides an overview of some of the points practitioners should consider.
Features
Debt Forgiveness: Watch Out for the Tax Consequences
When drafting a property settlement agreement that involves debt forgiveness (<i>i.e.</i>, foreclosure, short sale, reduction in credit card debt), it is critical that matrimonial attorneys be aware of the tax consequences because the financial impact on a client can be enormous.
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