Daily Archives April 11, 2015

How The Government Pension Offset May Affect Socia

How The Government Pension Offset May Affect Social Security Benefits?

by: Jinky C. Mesias

The government pension offset is in fact a reduction in the benefit which a social security member’s spouse is likely to experience especially if the spouse has a government pension from work that is not covered by the Social Security. The benefit to be received by the spouse with regards to the social security benefits of his or her spouse will be offset by two-thirds of the amount he or she will be receiving as her or his government pension.
And in the course of the Social Security member’s death the spouse will continuously received his or her annuity as well as survivors benefits from the government pension plan that he or she is enrolled in. The law requires that if a legitimate working individual is receiving a pension from a federal, state or local government with regards to his or her work and therefore did not pay Social Security Taxes, the Social Security spouse’s or widow’s or widower’s benefits may be offset. The offset or the reduction will comprise 2/3 of the government pension. But if ever the social security spouse or widow or widower takes on the government pension in lump sum, the amount of benefits that can be derived from the Social Security Benefits will be calculated with the necessary reduction resulting to a monthly benefit like payments just similar to what the Social Security spouse, widow or widower is receiving when working in the government.
The Social Security benefits for spouses, widows and widowers are given to compensate for the spouses who stayed at home to take care of the family and who are completely dependent on their working spouse for financial supports...

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How to Start a Bankruptcy Forms Processing Service

How to Start a Bankruptcy Forms Processing Service

by: Victoria Ring

Due to the dramatic increase in technology, business professionals now have the ability to outsource their skills and earn extra money working from home as a bankruptcy forms processor. Unlike an attorney or notary public, a bankruptcy forms processor does not have jurisdictional limits. In other words, a bankruptcy forms processor could live in Yellow Springs, Ohio and prepare bankruptcy petitions, pleadings, Motions and other court documents for attorneys practicing in California, New York or any other U.S. state.
In fact, a bankruptcy forms processor can set up a bankruptcy business in their home with very little money and earn a full-time income very quickly. This concept has also opened the door for attorneys practicing in other areas of law to open a sideline bankruptcy practice, and many of these attorneys seek a freelance forms processor to process their paperwork for them.
This is where you as a bankruptcy forms processor can fill a need that is becoming more popular as electronic filing procedures become more the norm. In fact, some states now require electronic filing of all court documents. Paper documents are only accepted by the court from consumers or in other rare circumstances. It will not be long before all the states will have electronic filing procedures in place and those resisting the change will be left behind.
A typical bankruptcy forms processing business might operate like this:
1. Client either downloads or is emailed a set of Client Intake Forms in PDF format to print and fill out at their leisure.
2. Client will fax or email their completed forms to the attorney or forms processor for review...

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Alternative Billing — Win Win Strategies

Alternative Billing — Win Win Strategies

by: Dan Harris

Better Legal Billing: Time Slips for the Future
Options Abound, But It’s Often Up to Clients to Suggest Them
In the old days of legal billing, lawyer’s invoices — usually a single page of elegant letterhead—contained only the phrase, “legal services rendered,” and a hefty dollar amount. No time breakdowns, no list of activities performed or equipment and supplies used—just a final, usually shocking, charge.
But client demands and the evolution of sophisticated billing software have led to more detailed invoices today. Itemized statements have triggered discussion among businesses about whether hourly billing is the best way to be charged for legal services. As the legal profession becomes more competitive and dependent on high quality customer service, lawyers need to embrace alternate billing methods.
Fixed or flat fees, contingency fees, non-refundable retainers with discounted hourly fees, blended hourly fees and variations on those themes are becoming increasingly common. But many law firms have been slow to join this trend — lawyers still perform approximately 95 percent of their corporate legal work on an hourly basis.
What does that mean for your small business? If your company is currently working with a law firm or looking for legal counsel, try requesting alternate billing options. While many law firms rarely initiate different options, they’ll negotiate when brought to the table. If you want something better than the old “bill by the hour” deal, try presenting one of these billing structures:
Project billing for routine issues
Questions To Ask Your Legal Counsel
Is the attorney experienced in business law or just practicing it between drafting wills and selling homes?
Does the attorney give advic...

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Patent Pending: What Does It Mean?

Patent Pending: What Does It Mean?

by: Lisa Parmley

Many companies begin manufacturing and selling their new product (a.k.a. their invention) to the marketplace before the patent is even officially granted. They use the term “patent pending” to indicate that the product is proprietary and a patent is (just like the term states), pending.
The only way you (or any company) can ever legally use the term “patent pending” is when a patent application has been filed to the United States Patent and Trademark Office (USPTO). Any person or company who falsely uses this term can be fined. So take care to only use it when it is true.
During the patent pending time period, the USPTO will keep the application under wraps. No one outside the Patent Office’s walls will have access to it.
The Patent Office does, however, publish most applications 18 months after the application filing date. Any member of the public may request a copy of the application once it has been published. But, take note, if your application is granted, your invention will have been protected ever since the date you filed your application.
As you can see, the patent system is set-up so that you can actually begin manufacturing and marketing your invention immediately after filing your application.
Many companies spend massive amounts of money developing their new products. So it makes sense for them to apply for their patent as soon as possible and begin marketing their product immediately. In this manner, they can ‘milk’ their patent monopoly for the longest amount of time possible. A utility patent usually only lasts 17 years from the date the patent application was filed, so there’s really no use letting that time go to waste.
You may or may not need to use the term “patent pending”...

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Fibromyalgia: Can it be Disabling?

Fibromyalgia: Can it be Disabling?

by: Gerald G. Lutkenhaus

Social Security has Impairment Listings for Heart Ailments, Back Ailments, etc. Fibromyalgia is not found among the Impairment Listings. Thus, an applicant cannot obtain a favorable disability “Impairment Listing” ruling because Fibromyalgia is not found among the Listings. The inquiry must proceed further.
Social Security has a five step disabilty process. First, if you are working, then the inquiry stops. Second, if you do not have a “severe impairment,” the inquiry stops. Third, if you are not working and you have a “severe impairment” the next inquiry is does your “severe impairment” meet or equal a Listed Impairment. You cannot win a fibromyalgia case at this step because there is no listing for fibromyalgia although it can be a “severe impairment” and get you past step two. Thus, with a fibromyalgia case, you will have to go to step four. At step four the judge must decide if you can do your past relevant work (PRW). This is any work you did in the past 15 years prior to your onset of disability. If the judge finds you cannot do PRW, then you go to step five which is can you do any other work in the national economy. All my fibromyalgia cases have gone to step five.
Social Security has begun to recognize fibromyalgia as a legitimate impairment:
On May 11, 1998 the Deputy Commissioner for Disability indicated as follows: Fibromyalgia is a disorder defined by the American College of Rheumatology (ACR) and we recognize it as medically determinable if there are signs that are clinically established by the medical record. The signs are primarily the tender points...

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