I am not aware of a tax advantage of a multi member LLC over a single member LLC. A multi member LLC requires more tax work (IRS Form 1065 and...

As the other attorney answered: A spouse cannot be "taken off" as beneficiary of an ERISA retirement plan (401(k); 403(b); etc.) without the...

What is deadline to file will, probate home with final death income tax in Massachusetts?

Sorry for your loss. Since your mother lived with you in California for several years, she may have become a California resident if she did not...

My grandparents left me their condo in FL in their will. Do i officially own it? What else do I need to do?

Sorry for your loss. I agree with the answers provided by the other attorneys. You should consult with a Florida probate attorney and a...

http://www.irs.gov/taxtopics/tc418.html Topic 418 - Unemployment Compensation Unemployment compensation is includible in gross income. You...

My husband inherited an ira from his dad and never claimed it. Hubby died and now money in estate ira -is subject to creditors?

I agree with the answer provided by the other attorney. You should meet with a probate attorney to review the respective documents. If your...

Does a 2nd non primary residence in Florida automatically go to the spouse in the event of death?

No: A second non primary residence in Florida does not automatically go to the spouse in the event of death if she is not on the title. A...

Yes My mothers bank account is under her name only she had no will

Your mother's intestate estate is insolvent. You need to be careful regarding how you handle your mother's assets (bank account, home, and truck)....

My mother has died from cancer she has no living will she has 2000 dollars in the bank Im the next of kin Is there a form I can

Sorry for your loss. Did your mother own the bank account jointly with you or did she name you as the payable on death beneficiary of the bank...

How do I pay myself as a single owner LLC?

As a single member (owner) LLC, you should pay yourself through draws (by periodically withdrawing money from the business). You will need to make...