Facts

Outline the facts and circumstances of the clients issue. This would include the question.

Case Law

Here you would cite your relevant case law AND why they are relevant to the clients issue.

Advisement

Interpret the law and advise the client accordingly.

Closing

Let the client know you are available for questions.

2 pages

Roy Hobbs, a recently retired professional athlete, is writing his memoirs. He intends to direct any royalties received on the book to his favorite charitable organization, Dana Farber Cancer Institute/The Jimmy Fund. He has not yet signed a contract with a publisher. Will the future royalties be included in Roy's taxable gross income? Why or why not? If your answer is yes, is any alternative arrangement available that Roy might make to avoid gross income recognition? Prepare a written memorandum stating the research issue(s), your conclusions concerning the issue(s), and the specific statutory, regulatory, or judicial authority supporting your conclusions. Student Requirements Format Date Address RE: Title of question Facts Outline the facts and circumstances of the client's issue. This would include the question. Law Here you would cite your relevant case law AND why they are relevant to the client's issue. Advisement Interpret the law and advise the client accordingly. Closing Let the client know you are available for questions. Signature Roy Hobbs, a recently retired professional athlete, is writing his memoirs. He intends to direct any royalties received on the book to his favorite charitable organization, Dana Farber Cancer Institute/The Jimmy Fund. He has not yet signed a contract with a publisher. Will the future royalties be included in Roy's taxable gross income? Why or why not? If your answer is yes, is any alternative arrangement available that Roy might make to avoid gross income recognition? Prepare a written memorandum stating the research issue(s), your conclusions concerning the issue(s), and the specific statutory, regulatory, or judicial authority supporting your conclusions. Student Requirements Format Date Address RE: Title of question Facts Outline the facts and circumstances of the client's issue. This would include the question. Law Here you would cite your relevant case law AND why they are relevant to the client's issue. Advisement Interpret the law and advise the client accordingly. Closing Let the client know you are available for questions. Signature