Any Lawyers out there of whom I may ask a question?

[dmf2142]

Have them sign an NDA before the pitch.  Good luck getting them to agree to that though.

TITCR.

[Wizard]

Anyone clearly know to explain difference between "In Trust For" or ITF vs. "Payable on Death" or POD when setting up bank account beneficiary? TIA!

[afro]

For the past couple months I've been getting someone's railroad pension funds deposited in my account. Am I obligated to report this? to who? If I don't report this and just leave the money am I violating any law?

[ExGingi]

Anyone clearly know to explain difference between "In Trust For" or ITF vs. "Payable on Death" or POD when setting up bank account beneficiary? TIA!

The difference seems to be exactly as implied by the words:

In Trust For means that assets are held currently in trust for a beneficial owner, and are not owned currently by someone else.

POD is just a way to name a direct beneficiary at death, bypassing the necessity of probate in order to disburse funds.

[Wizard]

The difference seems to be exactly as implied by the words:

In Trust For means that assets are held currently in trust for a beneficial owner, and are not owned currently by someone else.

POD is just a way to name a direct beneficiary at death, bypassing the necessity of probate in order to disburse funds.

Thanks so if I want someone specific to get my bank account and I don't have a will, which is better for me?

[ckmk47]

For the past couple months I've been getting someone's railroad pension funds deposited in my account. Am I obligated to report this? to who? If I don't report this and just leave the money am I violating any law?

Did you spare any thoughts for the guy who's now missing his railroad pension funds?

[afro]

Did you spare any thoughts for the guy who's now missing his railroad pension funds?

Seriously??

ok here goes...

If i'm posting a question in a "Any Lawyers out there of whom I may ask a question?" thread, don't you think that my question should be solely focused on the legal aspects of the story?

Where do you get that I don't feel bad for someone who's missing money when I asked a questions about my legal obligations?

Do you not have anything better to do than to troll threads and try to get post count up?

Get looser pair of pants and start a new thread "How to detect and infer things from people asking legal questions"

I'm sorry for being a bit hard on you but stop trying to be the moral hero who flies in and flaunt your moral superiority.

[good sam]

For the past couple months I've been getting someone's railroad pension funds deposited in my account. Am I obligated to report this? to who? If I don't report this and just leave the money am I violating any law?

Of course you have to!

Find out from the bank who's making the deposits. They should give you enough info to contact them.

[afro]

Of course you have to!

Find out from the bank who's making the deposits. They should give you enough info to contact them.

called bank and they said they can't give me info about payee of pension.

[ExGingi]

Thanks so if I want someone specific to get my bank account and I don't have a will, which is better for me?

If it's yours, unless you are giving it away now (or doing some work with an attorney to create an appropriate structure) POD is your option for bypassing probate on a bank account. If it's a significant sum and it's mostly intended to go to someone else, one might do better with life insurance or an annuity.

[good sam]

called bank and they said they can't give me info about payee of pension.

Of course not. You should be calling the payor.

[gozalim]

A relative was recently turned down for an apartment: landlord returned the application with the word "lawsuit". seems like it's some kind of housing lawsuit.

problem is, neither of the couple ever rented elsewhere before, and shouldn't have had any such thing outstanding...
question is

• could it be a 'mistaken identity' a relative with same name (and neighborhood) very different age (and SSN) and we can clear that up?
• If I want to 'replicate' the search, is there a specific database that is used, to see what lawsuit is popping up (in case there's some other issue that needs to be resolved)? can anyone check it? do I need a lawyer to search it?
• once I figure it out, can I make the landlord reconsider?

[churnbabychurn]

A landlord notified of a rent increase, and of an automatic rent renewal for another year. Tenant responded via email that they cannot afford the rental increase and request to renew the rent at a lower rate. - landlord did not respond.
Now tenant wants to leave (a couple of months into the new "term"), but landlord claims the lease is renewed for another year.

Per the lease, "unless tenant provides written intent to vacate 30 days prior to term..of his intention to vacate the premises on the expiration date of lease term, said failure to notify shall be considered as the intention of the tenant to renew the lease agreement for a new term at a new rent as specified by the landlord"

This is NJ

Can the tenant get out of the lease?

[ckmk47]

A landlord notified of a rent increase, and of an automatic rent renewal for another year. Tenant responded via email that they cannot afford the rental increase and request to renew the rent at a lower rate. - landlord did not respond.
Now tenant wants to leave (a couple of months into the new "term"), but landlord claims the lease is renewed for another year.

INAL. By paying the new, requested, rate, I think the tenant agreed to the lease renewal.

[churnbabychurn]

INAL. By paying the new, requested, rate, I think the tenant agreed to the lease renewal.

It's an argument...

I'm more interested in knowing whether the whole clause is legally binding.

[ExGingi]

It's an argument...

I'm more interested in knowing whether the whole clause is legally binding.

The question is always what's at stake. Unless it's something that's hard to find an alternative tenant for, and a terminating tenant that has assets to pursue, the landlord is simply flexing his muscles, but the bite can't be as bad as the bark.

[churnbabychurn]

The question is always what's at stake. Unless it's something that's hard to find an alternative tenant for, and a terminating tenant that has assets to pursue, the landlord is simply flexing his muscles, but the bite can't be as bad as the bark.

Interesting.
Would landlord be able to file a law suit and ruin tenant credit?

[ExGingi]

Interesting.
Would landlord be able to file a law suit and ruin tenant credit?

Yes.

But, how likely is landlord to do that? Is it a professional landlord? Is it worth it for the landlord?

What if landlord suffers no material loss (or very little)? Will he spend time and money to sue?

[AJK]

Yes

[churnbabychurn]

Whenever a tenant whose original term of leasing shall be for a period of one month or longer shall hold over or remain in possession of the demised premises beyond the term of the letting, the tenancy created by or resulting from acceptance of rent by the landlord shall be a tenancy from month to month N.J.S.A. 46:8-10

In Green v. Verma court ruled that the the clause landlord inserted was ok. But they were lawyers. (and roughed up the landlord in court).

in Gamble v. Connolly tenants were able to argue that the lease provision is an unconscionable “term of adhesion,”. I would argue the same.