What is the most effective way for a Trust to be written to ensure that my sister in-law cannot obtain my brother's inheritance?

The key is define clearly who the permissible beneficiaries of the trust are. You sound like you have several potentially devastating issues with...

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How can I ensure that my elderly Mother who lives in another country and does not have a SS number gets what I have .

There are several options, including a will that is drafted in conformity with the International Convention on Wills and Testamentary Instruments. ...

How do I answer a foreclosure summons for an estate I've been appointed voluntary administrator to?

Answer the Complaint. Engage an attorney to defend the foreclosure based on the goals of the children. Do they want to stay and make payments or...

Notice from attorney

I would hire a lawyer. Never go to a deposition without a lawyer. Moreover, the deposition may be just to locate assets. In this case, the...

Hire nanny with Tax ID Number "above the table?"

Make her sign a certification as to her TIN (W-9). If she is truthful, then you have your documentation. If she is not who she seems to be, you...

Is a buy out for a rent controlled apt considered taxed as ordinary income or capital gains?

Speak to a tax lawyer...I would argue that the IRC Section 121 residential exclusion applies to any capital gains up to $250,000 per person or...

I made out a living trust years ago. I want to revoke my cousin as the trustee and appoint someone else.

Generally, you retain the power to amend and/or revoke the revocable living trust. I would have an attorney review the trust and prepare the...

Is a Buy Out taxed as ordinary income or capital gains?

It depends on what is getting bought out...different types of assets have different income tax characteristics.

My husband informed me that I cannot be an executor/trustee of a trust where I will also be a beneficiary. Is this true?

This may be the case for certain tax elections including the Clayton QTIP election by a surviving spouse. There may be substantial non-tax reasons...

Can you get in trouble for paying a business with exactly $10,000 (10K) in cash when you haven't ever filed taxes before?

So long as you have a plausible story, you should be fine. People with money problems often borrow money from relatives to pay for professional...