Are legal fees paid to create ILITs tax deductible?
You can deduct estate planning fees to the extent it encompasses tax planning, usually 2/3 as it exceeds your miscellaneous item deduction floor.
Manalapan, NJ
Elder law Lawyer at Manalapan, NJ
Practice Areas: Elder Law, Estate Planning
You can deduct estate planning fees to the extent it encompasses tax planning, usually 2/3 as it exceeds your miscellaneous item deduction floor.
the terms of the trust control - if absent you'll probably need court approval. i'd consult with an attorney.
what's an "exorbitant amount?" - is it worth it for piece of mind? i was involved in a trust litigation - by the family's own words, their father...
if you have an attorney involved, i don't know why you don't just ask him/her - that said, i'd consider a letter to her advising if a court order...
unless there's a NJ lawyer who knows the laws in Slovakia and Bratislava, you'll be wasting your time here. i think your best bet would be to try...
not cool. as it should be in the lawyer's document files, changing the birthdate would take nearly no time. i'd have your mother and stepfather...
probably not, unless there's something in the will. the mortgage follows the property, and is a lien that will be satisfied upon sale of the...
A power of attorney is a VOLUNTARY grant of authority from a COMPETENT adult - at 18 your daughter will be considered a legal adult. You haven't...
No tickie, no laundry. No POA = No POA
i don't think it's necessarily a conflict of interest out of the gate, but if the estate attorney is acting as you claim i'd seek to have him...