ESTATE TAX After a one year delay, Congress finally passed new estate tax legislation. Effective for the years 2011 and 2012, the Federal Estate Tax and Generation Skipping Transfer tax Exclusion is Five Million Dollars. In addition, a surviving spouse can shelter up to Ten Million Dollars from Federal Estate... Read More »
Mar
17
Mar
02
The Law Office of J. Neil Lanzi, P.A. is associated with counsel who handles pharmaceutical cases involving drugs or medical devices that injure people. Currently, counsel is investigating or handling claims arising out of the use of the following medications or medical devices: 1) Accutane - Irritable Bowel Syndrome, stomach... Read More »
Feb
22
Click HERE to read the Viewpoints Article.
Dec
19
In Lumbermens Mutual Casualty v. United States, the Court of Federal Claims entered a substantial judgment in favor of a performance and payment bond surety for impairment of collateral and improper withholding of contract funds. Lumbermens issued Miller Act performance and payment bonds on behalf of its principal, Landmark Construction... Read More »
Aug
18
Published in the Maryland Bar Journal Volume XLIII, Number 4, July/August, 2010. Imagine your client, a United States based engineering company, asking you to draft documents for a joint venture with a Swedish domiciled construction company and a German based fertilizer manufacturer for the construction of a processing plant in Costa... Read More »
May
20
In order to prove a claim of legal malpractice, a plaintiff, no differently than in other cases alleging negligence, must prove the existence of a duty, breach of that duty, and proximately caused damages. These are fundamentally state tort law issues. In legal malpractice cases, the causation element normally requires... Read More »
May
19
A reverse mortgage or Home Equity Conversion Mortgage (HECM) is not new, but it is something that you may have heard much more about recently. It is a mechanism that enables senior homeowners to convert a portion of the equity that they have in their home without having to sell... Read More »
Apr
21
Click HERE to read the Viewpoints article.
Oct
01
Article 49B of the Maryland Code prohibits employment discrimination on the basis of race, color, religion,sex, national oigin, age,disability,marital status,sexual orientation and/or genetic status. Until now, the law has permitted employees in only four Maryland counties(Howard, Montgomery,Prince George’s and Baltimore) to bring a judicial action for violations. (more…)
Sep
01
Trading Warranties (also called Navigation limits) can be found in almost every marine insurance policy. A typical yacht policy navigation warranty states: “This policy provides coverage when the ‘insured yacht’ is being used or navigated within navigation limits specified on the Declarations page. There is no coverage under this policy if the ‘insured... Read More »