Personal checks don't. There just has to be money in the bank, despite the jokes about still having checks left. :).
It's not unusual for corporate checks to have a time limit like 3 or 6 months so that they become valueless if not cashed in time.
Disclaimer: I'm not an attorney or a CPA, and you might need one. What I do is help people with their eventual non-working future.
Schedule a free 15-minute call here: http://bit.ly/omgcalendar. Pick the top link “FREE Discovery Call”.
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I specialize in financial education and collaboration and I'm a reformed broker who can help you make it happen without the high cost.
And I give customers the same professional tools that are usually limited to the yacht-owner crowd.
Happy to help more if you'd like to know more - I made my company so that everyone could have quality advice, not just those who already have a pile of money.
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