You may have heard the term "double jeopardy" when referring to criminal cases, but many people have an incomplete idea of what this means. The definition of this legal term should not be oversimplified, since there is more to understand when it comes to how this concept is applied and what it covers. To learn more about this fascinating and unique justice system issue, read on.
The Fifth Amendment
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Many people believe that estate planning is just for rich or senior members of the society, but this isn't true. Anybody can benefit by anticipating and arranging for their estate's demise before their demise. Therefore, if you are a young adult in college, it's time to plan your estate, if you haven't done so. This is because, apart from planning for your "meager" assets disposal, estate planning will also help you with other arrangements, such as these three:
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The issue of probate and what it means seldom arises until someone dies, and therefore no one gives much thought to dealing with it. That can change quickly, however, particularly if you've been named as the personal representative (executor) of a deceased person's estate. Estate attorneys do exist, but it can be immensely helpful to have a basic understanding of what will happen during the probate process. Read on to see the three quick steps that comprise probate.
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Going through a divorce is a tricky and confusing process, under the best of circumstances. However, if you live in a community property state, it can make this already difficult time even more stressful. Only a handful of states possess community property laws, which determine how any assets and debts are split between the two spouses after the divorce. If you are going through a divorce and don't understand community property laws, here are a few frequently asked questions you might have:
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According to Statistics Brain, as a whole, employers across the United States lose around $50,000,000,000 in revenue each year because of employee theft. If you are a small business owner and suspect your employee is stealing from you, chances are your first instinct will be to fire the individual and move on. However, depending on the state in which you live, firing an employee for stealing might actually get you into hot water, instead.
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