Learning the Concept of Capital Gains and Transfer Taxes

A capital asset is an asset that can be sold for a higher amount than the original purchase price. This includes stocks, bonds, precious metals, jewelry, and real estate. The amount of capital gain that is taxed depends on how long the owner has held the asset. In some cases, it can be a long-term …

Family Law: Dissolution of Marriage, Custody of Children and More

The process of dissolving a marriage is a voluntary decision between the two parties. The main difference between divorce and annulment is that the former involves reorganizing legal responsibilities, while the latter usually involves cancelling them altogether. Whether you choose to end your marriage through divorce or by seeking a legal separation is up to …