1031 exchange (also called a tax-deferred exchange) refers to the ability of investors and organizations to replace one investment for a similar one instead of keeping the proceeds. For certain transactions, the exchange allows the investor...
CIVICS
401(k)
401(k) plans (also just called 401k) are types of retirement plans that an employer sponsors which allows employees to defer taxes. 401k plans originate from the Internal Revenue Code (IRC) section 401(k) which allows contributions to these...
401(k) plan
401(k) plans (also just called 401k) are types of retirement plans that an employer sponsors which allows employees to defer taxes. 401k plans originate from the Internal Revenue Code (IRC) section 401(k) which allows contributions to these...
AB Trust
AB trust (also called a bypass trust or a credit shelter trust) is a tool used by well-off married individuals to legally maximize their estate tax exemptions.
The strategy involves creating two separate trusts after one...
abandonment (of residence)
Abandonment (of Residence) is a determination by the U.S. Customs and Immigration Services (USCIS) that a permanent resident has surrendered their status as a lawful permanent resident (LPR). According to the USCIS, applicants are not...
abduction
Abduction means the taking of a person against their will, generally by means of persuasion, fraud, or force. Some jurisdictions also require that the abductee (the person who is abducted) be a child or that that the abductor intend to marry...
abortion
Abortion is the voluntary termination of a pregnancy. In 2022, nearly 50 years after Roe v. Wade changed the legal status of abortion by striking down a Texas law that criminalized abortion except as a means of saving the life of the pregnant...
abrogate
To abrogate is to formally annul or repeal a law through an act of legislation, constitutional authority, or custom. For example, the Supreme Court of Michigan explained in Ferency v. Secretary of State that “an existing constitutional...
absentee ballot
An absentee ballot is a paper ballot submitted, before an election day and often by mail, by a voter who is unable to attend the official polling station on election day. It is also referred to as an absentee vote. Generally, such a vote is...
absolute disparity
Absolute disparity is a calculation used to analyze a claim that a jury pool did not represent a fair cross-section of the community. For instance, a jury pool that is composed of only white jurors in a community that is predominantly Black....