ASSIGNMENT-OF-INCOME DOCTRINE

assignment-of-income  doctrine.Family law.  The  common-law principle that the  person who has earned income is the person taxed on it, regardless of who receives the proceeds. • Under this doctrine,  future income  assigned  to another  is taxable  to the  assignor.  For  example,  in  Lucas  v. Earl,  281  U.S.  111,  50  S.Ct.  241  (1930),  the  Court  held …

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ASSIGNMENT OF ERROR

assignment  of  error.A specification of the  trial court’s alleged errors  on  which  the appellant relies in seeking an appellate court’s reversal, vacation, or modification of an adverse judgment. Pl. assignments  of  error.See  ER-ROR.  Cf.  WRIT  OF  ERROR.  [Cases:  Appeal  and  Error    718; Criminal Law    1129. C.J.S. Appeal and Error § 578; Criminal Law § 1688.]

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ASSIGNMENT FOR THE BENEFIT OF CREDITORS

assignment for the benefit of creditors.Assignment of a debtor’s property to another person in trust so  as  to consolidate and  liquidate  the  debtor’s  assets for  payment  to  creditors,  any  surplus being  returned  to  the  debtor.  •  This  procedure  serves  as  a  state-law  substitute  for  federal bankruptcy proceedings. The  debtor is not discharged from  unpaid debts…

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ASSIGNMENT DIVISION

Assignment Division.The section of the U.S. Patent and Trademark Office that is responsible for   recording   as-signments   and   other   documents   affecting   title   to   patent   and   trademark applications, patents, and registrations.[Blacks Law 8th]

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