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How can a nonprofit corporation operate on a deficit budget where they spend more funds than they take in? We have a reserve fund for maintaining our major assets over time. Our bylaws say that any loan from the reserve fund must be repaid within one year. That didn’t happen last year and it... Read more »
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answered on May 26, 2023
Nonprofit corporations in California are generally allowed to approve deficit budgets. However, operating on a deficit budget should be carefully considered for the financial stability of the organization. It is important to monitor the situation and explore strategies such as fundraising or... Read more »
My mother and I live together. The landlord would only allow one person on the lease who is my mother. My children and I are listed on an occupant list attached as a rider to the lease. She is 88 yo and wheelchair bound so I have been paying rent. All of a sudden the landlord will not accept it... Read more »
answered on May 26, 2023
The landlord does not get a market-rate apartment. If your mother is evicted, the next tenant is also rent-stabilized. So that is not what I see going on here. The lease itself likely states the landlord will accept rent only from the tenant. Do this correctly. Secure Power of Attorney and pay the... Read more »
I'm retired Is there a type of trust (estate, family, exec) that I can put all my real estate holdings, income generated from those properties, dividends received from my company (I still own a % in form of stock and receive quarterly) and various other income generating assets. I would... Read more »
answered on May 26, 2023
There are all kinds of Trusts. The most important issue is who the Trustee is, and who will be the Successor Trustees. I do not recommend putting everything into one Trust, which many Estate Planners will do. Real Property can be placed in a Trust, or better, a future interests Deed can... Read more »
I am a gray marriage short term divorce person?? (What do you call that) I was only married for 2 years however it felt like 20!!! Because of his affluent abuse and extreme harassment, there are not broken bones or bruises. There are good days and bad, when triggered I am prone to high anxiety and... Read more »
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answered on May 26, 2023
To ensure extended healthcare coverage for the damage caused by your emotionally abusive spouse, consider these steps:
Understand your current healthcare plan.
Consult your therapist for their professional opinion on your ability to work and required coverage.
Collect... Read more »
Won’t pay for repairs keep trying to convince me it was my fault, which I can show wasn’t, car still runs fine but they took it without my permission to resell at used car/parts business., keep trying to get me to give them the title, and scaring me saying driver who hit me is suing me for... Read more »
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answered on May 26, 2023
I'm sorry to hear about your situation. If you're having difficulty finding a lawyer to assist you because your case doesn't involve personal injury, you may want to consider reaching out to legal aid organizations or senior citizen advocacy groups in your area. They may be able to... Read more »
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