A revocable living trust is an entity created to hold the person’s assets. The grantor, or the person creating the trust, usually controls the money and assets placed in the trust. The living trust is tied to that person’s social security number and the financial income generated in the trust needs to be filed with their personal taxes.
About Susan Chai, Esq.
Susan Chai is an attorney with over 10 years of experience in the legal field, seven of those years spent practicing law. Her legal career includes in house counsel for a financial services company and attorney for the global law firm, DLA Piper LLP.
Susan is admitted to practice law in the State of Maryland and received a Bachelor of Science degree in Industrial Management from Carnegie Mellon University and a Juris Doctor degree from the University of Baltimore, Maryland.
A revocable living trust is an entity created to hold the person’s assets. The grantor, or the person creating the trust, usually controls the money and assets placed in the trust. The living trust is tied to that person’s social security number and the financial income generated in the trust needs to be filed with their personal taxes.
A photo license agreement is a legal contract where the owner of a photo licenses the use of the image to a person or company. The original owner retains the copyright of the image.
A photo license agreement is a legal contract where the owner of a photo licenses the use of the image to a person or company. The original owner retains the copyright of the image.
A bill of sale is a legal document that memorializes a business transaction between two parties — a seller and a purchaser. In exchange for a certain amount of money, the seller agrees to transfer ownership of an individual item (i.e. personal property like a car, motorcycle, boat, or horse) to the purchaser.
A business contract is an agreement in which each party agrees to an exchange, typically involving money, goods, or services.
A mutual non-disclosure agreement is written to protect both parties entering into the agreement, and should be drafted to ensure both parties agree not to disclose the proprietary information they learn about the other.
A Letter of Intent is a document that can be used for both business and academic purposes. In business, it is commonly used between parties in anticipation of a sale or purchase. If the parties aren’t ready to actually shake hands on a deal yet, they can put their intentions into a Letter of Intent and continue to negotiate the deal. In academics, it is a statement prepared by prospective undergraduate and graduate students as part of their application submission. It is a tool for admission officers to learn more about applicants and what they plan to do with their degrees.
An interview Candidate NDA protects your company from any disclosure of information made to a candidate who applies for a position.
A company often asks employees with advanced knowledge of their confidential information to sign an NDA. Some companies make an NDA agreement standard for all employees. This means that the employee agrees not to use or make public information learned while working through the company.
