opinions, everybody's got one...
Saturday, June 11, 2005
Home Buyer Tip
If you are purchasing land with your fiance, retitle the deed after the marriage.
This is a fairly inexpensive way to avoid a major hassle in probate. Be sure and do this with a licensed attorney however, or you will be compounding the hassle.
So many times I have heard people say, "you don't need a lawyer for this, just fill out a form and file it." I am here to tell you, there is no surer way to make xtra money for the attorneys than prepare your own legal documents. It is being penny wise and dollar foolish.
Tuesday, June 07, 2005
Former Teammates Settle Before Heading to Court
As a long-suffering Redskins fan, I felt compelled to post this story
from the Washington Post.
When superstar running back Clinton Portis came to the Redskins from the Denver Broncos in 2004, he wanted to keep his old number. Unfortunately, jersey number 26 was already taken by Washington player Ifeanyi Ohalete. When Ohalete refused to give up his number to his new teammate, Portis suggested that they set up a charity boxing match wherein the winner gets number 26. After Ohalete turned down the boxing match, a simple contract was drawn up, selling the number to Portis for $40,000 to be paid out over the course of the upcoming season. Portis made the first payment, but when Ohalete was cut from the team, Portis stopped making payments because he figured that without Ohalete on the team, the number would have been his eventually anyway.
Well, Ohalete didn't see it that way. He filed a breach of contract suit in Maryland for the balance of the contract price. Finally the case was settled just hours before the scheduled trial for $18,000 ($2,000 less than the balance due under the contract).
It's great that they were able to settle the case. Now, if only the 'Skins could make the playoffs...