Trust Accounts and Bank Failures
Many nervous attorneys are inundating their state and local bar associations with questions about what their personal and firm responsibilities are when client trust accounts are held in banks that fail. Bar associations are responding with Web postings and formal ethics opinions.
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Decisions of Interest
Recent rulings of interest to you and your practice.
Features
Cohabitation and the Discontinuation of Maintenance
A recent ruling by the Court of Appeals puts a whole new, and subjective, definition to the term "cohabitation": At the time that the agreement was entered into, what did the parties themselves mean when they stated the word "cohabit"?
The Postnuptial Agreement in NY and NJ
In last month's newsletter, the authors looked at the law in New York concerning enforcement of postnuptial agreements. The discussion concludes herein.
Equitable Distribution of the Appreciation in Value of Separately Owned Residences
Courts continue to differ widely on the issue of the equitable distribution of the appreciation in value of a residence that is the separate property of one party. First in a three-part series.
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Levying Rents Pursuant to Monetary Judgment
New York's law on levies of rents pursuant to money judgment is most peculiar. The obligation of a tenant (T) to pay rent runs with the land. Let us call the forward-looking obligation of a tenant to pay rent a "rent receivable." New York law insists that the rent receivable is real property. Once the rent receivable is actually paid, the proceeds are considered the landlord's personal property. Collection of the rent "severs" the dollars from the real property.
Features
One Picture May Not Be Worth 1,000 Words
According to the author, drawings cannot possibly be viewed as a reliable source of information concerning children's perceptions of themselves, their families, the dynamics within their families, or anything else. Even if it could be demonstrated that the dynamic of projection consistently operates as children produce these drawings, there would still be no basis for relying upon them.
Court of Appeals to Decide the 'Soul' of Sole Custody
An in-depth look at recent decisions affecting the notion of sole custody.
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