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An original title comes from the Department of Motor Vehicles (DMV). You must have an official title to sell your vehicle, whether you're selling to private parties or a dealership. If you don't ...
The V5 document records who the Registered Keeper of the vehicle is; it does not establish legal ownership of the vehicle. These documents used to be blue on the front. However, they were changed to red in 2010/11 after approximately 2.2 million blank blue V5 documents were stolen, allowing thieves to clone stolen vehicles much more easily.
A transfer-on-death account is an arrangement that allows the assets held within a brokerage account or bank account to pass directly to a named beneficiary upon the account holder’s death, thus ...
The term "death tax" more directly refers back to the original use of "death duties" to address the fact that death itself triggers the tax or the transfer of assets on which the tax is assessed. While the use of terms like "death duty" had been known earlier, specifically calling estate tax the "death tax" was a move that entered mainstream ...
The Texas Legislature created the Texas Highway Department in 1916 to administer federal highway construction and maintenance. In 1975, its responsibilities increased when the agency merged with the Texas Mass Transportation Commission, [3] resulting in the formation of the State Department of Highways and Public Transportation.
If you are a joint account holder responsible for an account after a death, you might want to move some assets, if you have more than $250,000, to another type of bank account or a new bank.
The name is derived from Matter of Totten, 179 N.Y. 112 (1904), the case decided by the New York Court of Appeals which established the legality of this practice. Although this method of creating a trust did not meet the formal requirements of trust creation, or the testamentary formalities required to make a valid will, the Court noted that such an arrangement typically involved a small ...