Seasonal Tire Storage

It’s that time of year again; time to move your tires in and out. Of course some choose to simply store their seasonal tires at an offsite location. However, a large majority choose to store their tires at home in their garages. At the same time, there are some homeowners who choose to do both, store the set of tires for one vehicle offsite and the tires for a second or third vehicle at home in the garage. This article is for those who choose to utilize their garage space for seasonal tire storage.

http://goo.gl/vScWpI

Adult Children: Entitled to Child Support Again?

A client whose family matters were resolved nearly a decade ago recently called for a consultation. Enjoying a peaceful empty nest for the past four years, and counting down for a well deserved retirement next spring, he was worried to learn that his eldest daughter lost her job and is asking to come back to live with him. He’s wondering what his financial obligations are to his once independent daughter.

http://goo.gl/23AcOe

A CORPORATE RETREAT, OR MATRIMONIAL HOME?

When a new client arrived for our initial consultation he seemed sullen and distracted. I asked what he was thinking about. He sighed and explained how he always believed that what was held by his company belonged to the company and what were used by the family were family assets. He had a group of advisers including tax accountants, an executive coach, and others whom he felt were looking out for his best interests. And the part which was troubling him so? He feared that the corporate condominium was really a matrimonial home and he would lose it. How had his two worlds collided when he separated from his spouse?

http://goo.gl/t0lnKT

Garage Renovation Obstacles

With any garage renovation project it is fairly common to encounter situations that require a bit of creativity in order to set up the best storage solutions. These situations can be broadly classified into two main categories: those that involve movable objects or materials and those situations when it becomes necessary to work around appliances or other fixtures that are for the most part not readily movable. As you might expect, situations involving movable storage obstacles are fairly straightforward to address. On the other hand, storage obstacles arising from immovable storage solution obstacles need a bit more creativity and planning. However, as you will soon see there are options available for both.

http://goo.gl/crxu85

Joint Ownership of Property with Children

Some parents who may be sole owners of a house or cottage are considering sharing the ownership with their young child. While there may be sentimental or economic reasons for doing so, care must be taken to understand the full consequences of such a decision. Important ramifications such as loss of tax credits for both the parent and child should be discussed with a tax lawyer or accountant. If the parent is considering protecting assets in the midst of a separation, raise the consideration with your family law lawyer. Below are the definitions of two common forms of land ownership to keep in mind when learning about some of the pros and cons of taking the step to change land ownership.

http://goo.gl/uqbjir