Though great care was taken in providing the information presented on this website, it is for general information purposes only and is not intended to apply to any given situation. We are not accountants nor attorneys thus the information is not to be considered to be legal or accounting advice, and no warranties of its correctness or legality are made hereby. We always recommend you have your contracts reviewed by an attorney, and your potential tax situation reviewed by a certified public accountant, familiar with the type of agreement you are considering before finally closing the transaction.