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Friday Factoid – 5.10.13
This content has been archived. It may no longer be relevantJulie Kavner, Nancy Cartwright, Yeardley Smith, Hank Azaria and Harry Shearer each earn $300,000 per episode for lending their famous voices to the iconic cartoon characters on The Simpsons, which amount is down from the $440,000 per episode that each of them made under their…
Should we hire an HOA management company?
Q: The residents of our condo complex want to hire a property manager for our complex. The HOA’s board of directors does not want to hire a property manager, saying it will cost too much. Our opinion is that the board is not managing our finances well. We have had special assessments for the last…
The Weekly Scenario from Steve Shane – 5.6.13
Question: My husband recently received an IRA from his mother who recently passed away. What are the rules surrounding inherited IRAs? Answer: The rules surrounding inherited IRAs can be tricky but generally speaking, when a person inherits an IRA, the inherited beneficiary must begin to take distributions the year after the owner dies by December…
Read|Delete 5.06.13
“Don’t assume that only money makes people happy.” Source: Ross McCammon, “Less is more: The Esquire guy serves up a lesson on what not to do,” Entrepreneur, May 2013.
Friday Factoid – 5.3.13
In 1790, Samuel Hopkins of Philadelphia was issued the first U.S. patent. The patent related to a method of making soap. Source: http://www.me.utexas.edu/~longoria/paynter/hmp/The_First_Patent.html
Read|Delete 4.29.13
“A leader sees greatness in other people. You can’t be much of a leader if all you see is yourself.” – Maya Angelou Source: “Life’s Work,” Interview with Maya Angelou by Allison Beard, Harvard Business Review, May 2013.
Friday Factoid – 4.26.13
According to a study published in April 2013, 82% of trademark applications prepared by an attorney received preliminary approval from the USPTO, whereas only 60% of the applications prepared without an attorney received such approval. Source: http://newsandinsight.thomsonreuters.com/Legal/News/2013/04_-_April/When_it_comes_to_trademark_applications,_lawyers_matter_-_study/
Read|Delete 4.22.13
M & A: SELL SIDE RULES RULE #1 – You have not sold your business until you have sold your business. RULE #2 – Get your money upfront, as soon as possible, and as much as possible. RULE #3 – Reduce and eliminate your trailing liabilities. Source: Michael N. Mercurio, M & A Advisory, “Sell…
Friday Factoid – 4.12.13
According to a recent USPTO report, in 2010 average weekly wages for private sector jobs in IP-intensive industries were 42% higher than average weekly wages for such jobs in non-IP-intensive industries. More specifically, wages for patent industry jobs were 73% higher and wages for copyright industry jobs were 77% higher than comparable average weekly wages…
Friday Factoid – 4.19.13
Several show business celebrities (including Eddie Van Halen, Zeppo Marx, Penn Gillette, Marlon Brando and Lawrence Welk) created inventions that received patents from the USPTO. Source: http://www.ironicsans.com/2007/01/celebrity_patents.html