Easy Law Finder

Category: FAQ

  • What is a “Smith Trust” or “Certified Pay Trust”?

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    If a government assistance applicant’s income surpasses the legal threshold for eligibility, a Certified Pay Trust needs to be established using the applicant’s income to attain qualification for long-term nursing home care benefits. This legal document is alternatively referred to as a Smith Trust. It is an unalterable trust. The Certified Pay Trust necessitates cautious…

  • What does property tax pro-ration entail?

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    Property tax pro-ration refers to the practice of assigning responsibility to either the purchaser or seller for their portion of the real estate taxes payable on the property during their respective periods of ownership. The taxes are prorated either retroactively or proactively up to the property tax deadline.

  • What type of issues can be uncovered through a title search?

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    When do search and seizure rules come into effect? What types of issues can a title search unveil? What does a title search entail? A title search can uncover various categories of flaws in ownership, liens, burdens, and limitations. These include outstanding tax payments, easements, unsettled mortgages, legal decisions against the property owner, and limitations…

  • What is a Real Estate Transaction Summary (RES-1)?

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    This is a summary of the financial portion of the property transfer. The RES will list the purchase price, loan amount, closing costs for both the buyer and seller, and display all pro-rations and sums to be disbursed by the title company to all parties.

  • What is pre-paid interest?

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    This is interest due from the date of a loan closing to the first day of the following month. Most loans require payments to be due on the first day of the month. Each monthly payment reflects the principle and interest due on the loan for the previous month. A loan closing on the 20th…

  • What constitutes a personal injury claim?

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    A personal injury claim refers to a civil (or, more precisely, non-criminal) action that can be initiated when someone experiences injury, harm, or death due to the negligent, reckless, or intentional behavior of another individual. The party making the claim is referred to as the “plaintiff,” while the entity being accused is known as the…

  • What happens if I decide to file a personal injury claim?

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    If you choose to pursue a claim, you will become the plaintiff and the opposing party will become the defendant in the case. Both your legal representative and the defendant’s legal representative will begin the “discovery” process. This process involves gathering facts and evidence and exchanging documents in order to prepare the case. You may…

  • Why is it important to enlist the help of a lawyer to resolve my car accident claim?

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    Insurance companies will frequently advise against hiring a lawyer to handle your injury claim stemming from a car accident. Nevertheless, a legal professional will guarantee that you present a strong argument during negotiations with the insurance company of the other involved driver. A skilled attorney specialized in car accidents understands the crucial evidence necessary to…

  • How Soon After an Accident Should I Pursue Medical Care?

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    It is advisable to pursue medical care as soon as it is safe to do so following your involvement in a car accident. The earlier you seek treatment, the sooner a skilled healthcare professional can evaluate the severity and type of your injuries, initiating the potentially lengthy healing process.

  • What Types of Damages Am I Entitled To if I Have Been Injured in a Vehicle Collision?

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    If you have been involved in a vehicle collision, you may be entitled to a wide variety of damages. You may be entitled to recover for certain financial losses you suffered, including bills for vehicle repairs as a result of damage in the collision, as well as past medical expenses and expenses for future medical…

  • What is a personal securities fraud action?

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    In a securities fraud class action, the main claimant generally alleges that defendants violated the federal securities laws by issuing false or misleading statements artificially inflating the stock price of the accused corporation; investors purchased the stock at the artificial price; and, when the truth was revealed, the stock price declined significantly and the investors…

  • What is the process of opting out in a legal action?

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    When a member of a class chooses to exclude themselves from the class and pursue an individual legal action, this is referred to as opting out. Opt out litigants have full control over their cases, have the decision-making power to accept or reject settlement offers, and can actively communicate with their attorneys to ensure their…

  • How much of my investment loss can I recover in a opt out case?

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    In previous opt out cases, the settlement amounts generally ranged from 20% to 40% of the damages suffered by the claimant, although the result varies depending on the specific circumstances of each case.

  • How much of our time will this take?

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    Initiating a personal action or choosing not to participate in a collective action will require more time compared to staying as a nonparticipating class member, which demands minimal time. The amount of additional time necessary will vary based on the particular circumstances of each case and the extent of involvement desired by the individual client.…

  • What steps should I take if I’ve been arrested for DUI?

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    Take a look at all the documentation the next day. You should come across a paper titled NOTICE OF INTENTION TO SUSPEND. Locate the section on the second page or reverse side, fill it out, and send it to the Department of Motor Vehicles in VT within seven days of your arrest. This step is…

  • How Does Being Arrested or Convicted Impact Your Immigration Status?

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    If you are an immigrant and you have been arrested and charged with a crime, it is advisable to seek the assistance of an immigration attorney as soon as possible, to protect your rights and navigate the potential consequences you are currently facing. While criminal charges can have significant implications for anyone, this is particularly…

  • Why is it important to hire an immigration attorney for your criminal case?

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    It is common for individuals from another country to hire a defense attorney (whose experience with immigration law is usually limited) and be advised to plead guilty in order to avoid incarceration. However, this can have serious repercussions, as it may render the individual ineligible for admission or even subject to deportation. It is crucial…

  • What Is a Letter of Request?

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    A letter of request (also known as a restitution letter) is a letter that outlines a legal claim and requests compensation or the fulfillment of a specific obligation, in response to the recipient’s alleged violation of a contract or commission of a legal offense. While not mandatory, these letters are commonly sent when someone foresees…

  • What should I do when I receive a demand letter?

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    If you are on the receiving end of a demand letter, it is advisable to consult a legal expert promptly. You or your company may face repercussions for disregarding a demand letter. In numerous instances, there is a specified timeframe, so it is crucial not to delay or ignore the communication.

  • What should I do if I get injured in a store?

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    The average settlement amount for premise liability cases at commercial businesses is $345,000. For slip and fall cases that occur on private property, the average settlement is $105,000.1 It’s important to note that there is no fixed value for a premise liability case, and each case is unique. Slip and falls, as well as other…

  • What is the typical duration for resolving a personal injury claim?

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    Due to the unique circumstances of each case, there is no definitive timeframe for resolving a personal injury claim. While some personal injury claims can be resolved within six months, others may require years of litigation in court. Numerous factors contribute to the duration, such as the complexity and severity of the injuries, the nature…

  • What is the typical compensation for a personal injury claim?

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    There is no set amount for compensation in a personal injury claim. Each claim is individual and the value of each case is determined by the level of the defendant’s misconduct and the severity of the resulting injuries. A personal injury settlement aims to fairly assess the extent of the injuries and losses caused by…

  • What Happens if You Win a Personal Injury Lawsuit and They Can’t Pay?

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    While insurers are almost always capable of paying for the judgment that is entered after winning a lawsuit, not everyone possesses insurance. Moreover, many who are insured do not possess sufficient coverage to fully compensate for the injuries they have inflicted. A knowledgeable personal injury attorney should assess the prospects and potential sources of recovery…

  • How Much Should I Expect From My Car Accident Settlement?

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    Car accident settlements are dependent on the strength of the evidence proving that the crash was not your fault and the weight of the evidence establishing the seriousness of the injuries that were caused by the collision. There is no formula to determine how much a car accident settlement will be, and the value of…