Is his best course of action at 18 y/o to issue a disclaimer? Must he wait on disclaimer for two years until 18? Other options?

The beneficiary is a minor. One or both of his parents should be involved in representing his interests. There may be a conflict between his best...

Is this plan going to create a tax nightmare?

There should be no problem with receiving funds into a bank account in the U.S. and transferring those funds to a Hong Kong bank account owned by...

Tax question regarding two family home

There are several excellent tax publications aimed at non tax professionals that are published each year by companies such as J.K. Lasser's Your...

Do I need to file any tax documents - State tax, City tax or IRS? If yes, when? Will my Singapore income become taxable?

You should contact a tax return professional to prepare a U.S. tax return for you. Income that you earn for work performed in the U.S. is called...

You should consult an attorney. In general a gift by check is not considered to be complete until the maker of the gift has parted with "dominion...

Taxes owed by ex husband

Consider an action in small claims court without an attorney.

When a trust beneficiary has a theoretical opportunity to receive distributions according to the trustee's absolute discretion,

You are mixing concepts here. The first question your lawyer would ask is "why do you want to know" or "what is the context in which this is...

If your children are minors or young adults, you may want to have your wills leave assets for your children in trust. Trusts may provide for...

Hello. I just opened a business and I want to hire freelancers to help me do some of the work.

1. Check with the NJ Division of Taxation's website and the New Jersey Division of Labor to determine whether you will be an employer and whether...

Do I need to retain an estate attorney?

Generally, if you are named as the beneficiary under the life insurance policy then NJ insurance law provides that the proceeds of the policy are...