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Law Office of Edward E. DeWerff's Questions

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Which affords more protection-having payments made from your bank account or authorizing your creditor...?
Do we have a National Savings Day in U.S.?
I'm leaving an employer, and have paid most of my deductible for 2009 already. If I switch to COBRA, does my deductible reset? Or is it a continuation of my original policy, and I have already satisfied the deductible requirements?
Rental House - Gift vs Inheritance.

My mother has a rental house for 23 years and now she wants to give it to me . What is the tax consequence? How can we avoid paying tax?

My friend suggested that my mother just leave the house to me in her will since it will be an inheritance the basic will be FMV at that time and I won't have to deal with the past rental. Is this true?
What are mortgage (origination) points?

Questions

What are the best ways of spending money apart from spending just on shopping and entertainment? When can spent money be never regretted? Add your feedback please.
What is the formula for annual rate of growth of earnings per share?
First-time home-buyer tax credit of up to $8,000 is expiring in November. Should this program be extended or expanded to all home buyers? Should it be increased to $15,000? Was is a temporary fix or has it helped the economy? What's your view?
Can I claim child tax credit for my son born on December 31?
Is your ZIP code still a factor in determining cost of auto insurance premiums in California?

Recent Answers

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Can I claim child tax credit for my son born on December 31?
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Do we have a National Savings Day in U.S.?

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