Proper updating of a will?

If an alternate beneficiary was named in the will, the assets would be distributed to that alternate beneficiary. If the assets were left to a...

Can I still file taxes as single until the marriage is registered in the USA

Generally the IRS defers to state or foreign law to determine whether you have a valid marriage for tax purposes. Most of the time, foreign...

New York wills are not required to be notarized, rather it requires the signature of 2 witnesses. So long as 2 people witnessed the will, the fact...

Does my friend have to pay her late husband's debts?

Generally the estate of the deceased is responsible for paying any debts that the decedent owes. The executor of the estate is the person who is...

Currently, the highest federal capital gains tax rate for long term capital gains is 20%, but single filers who earn more than $200,000 and joint...