Selling the Marital Residence: What Are the Tax Implications?
The marital residence is frequently the most valuable asset found in most divorce cases. Issues of valuation, possession and sale will all involve tax implications. The residence may include a houseboat, a house trailer or the house or apartment that the taxpayer is entitled to occupy as a tenant-stockholder in a cooperative housing corporation. It does not include personal property that is not a fixture. Treas.Reg. '1.121-1(b). Any gain represented by the difference between the present market value or sales price and the adjusted basis will have tax consequences.
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Med Mal News
News items of interest to you and your practice.
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The IME and the Physician/Patient Privilege
Does a patient lose the right to invoke the physician/patient privilege when he or she has seen a physician for an independent medial examination (IME) rather than for treatment? The question may come up in the aftermath of a workers' compensation or medical malpractice case if questions of possible fraud on the claimant's part surface, and you may be asked to advise your client as to his or her rights.
Med Mal Antidote: Good Records
Any physician who has had the unfortunate experience of being the target of a medical malpractice lawsuit bemoans the attention paid by the plaintiff's lawyers to precise record keeping. Most physicians pride themselves on their medical skills, not their neat note taking. They will tell you that entries in a medical record are meant to enhance the care and treatment rendered to a patient, not to be read by lawyers or juries many years later.
Preserving Your Clients' Right to Recovery
The exclusive remedy for patients injured due to medical malpractice by federal employees acting within the scope of their employment is through the Federal Tort Claims Act (FTCA). Under the FTCA, the United States allows claims to be made against it in certain circumstances. However, because the FTCA is a waiver of sovereign immunity, strict compliance with the requirements for filing is necessary in order to preserve your clients' rights to recovery.
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Litigation
Recent cases of importance to your practice.
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Keep Your Client 'On Board!'
As lawyers, we spend a lot of time keeping ourselves current on the law, attending continuing legal education programs, and learning how to deal with experts. Sometimes, in the middle of our frenzied search for a latest case and the latest technique, we need to get back to the basics. One of the most important basics about which we should remind ourselves is the need for good client communication.
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Mental Health Experts in Family Law: How They Work
The roles of mental health professionals in child custody litigation are both varied and important. In these cases, there may be a treating professional…
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