The legal information provided in these lectures is for informational purposes only and not for the purpose of providing legal advice. These lectures may not reflect the most current legal developments in any particular applicable jurisdictions and cannot substitute for the advice of a licensed professional with specialized knowledge who can apply it to the particular circumstances of your situation. Use of and access to these lectures do not create an attorney-client relationship with The Teaching Company or its lecturers, and neither The Teaching Company nor the lecturer is responsible for your use of this educational material or its consequences. You should contact an attorney to obtain advice with respect to any particular legal issue or problem. The opinions and positions provided in these lectures reflect the opinions and positions of the relevant lecturer and do not necessarily reflect the opinions or positions of The Teaching Company or its affiliates. Pursuant to IRS Circular 230, any tax advice provided in these lectures may not be used to avoid tax penalties or to promote, market, or recommend any matter therein.