Typically, people go to small claims court in pursuit of a settlement for damages they have suffered. Getting a payment is great news, but you need to be aware that certain payments may be taxable. Here's what you need to know about taxes and small claims settlements.
1. The IRS considers most payments as income.
Almost every payment you receive is conside
- Probate is a time for the final legal steps to be taken in order to ensure that heirs receive the correct and appropriate distributions. But the person who has the most responsibility during this time — the executor — must fulfill their fiduciary role in order for this to happen. What are the primary components of that fiduciary duty? And what are some signs of failur