Can the executor of a will also be a beneficiary of that will?

Yes.

I'm planning to open a basketball academy, I want to be an LLC but I also want to be non-profit so I can take advantage of grant

You cannot be a for profit business while allso being a not for profit business. You will have to pick one or the other or perhaps get proper...

General question about state laws. Critical thinking.

Judges interpret the laws written by the legislature. All people can read, understand and debate what they think the meaning of a particular law....

TAX CONSEQUENCES AND TITLE/DEED TRANSFER

A gift tax return (Form 709) should have been filed by your Mom reflecting the conveyance to son (net of the value of the life estate which is done...

See excellent article (starting p. 10) which will give you additional assistance in determining if your club meets the requirements for exemption....

Individual Taxpayer Identification Number ( ITIN). How do i get ITIN for my wife who has never come to usa?regarding tax

See enclosed link which will take you through the proper steps: http://www.irs.gov/Individuals/General-ITIN-Information

No practical difference making the account a payable on death ("POD") designation to the trust provided the account owner is the sole grantor,...

If your parents (as grantors) were competent when they established and funds the trust then will be a difficult road for brother to unwind. His...

Do we need three attorneys for probate , one for each of the people who receive the assets or can one attorney handle.

life insurance is usually handled outside of the probate process if beneficiaries are designated and on file with the carrier....can I presume that...

Selected as the best answer

Answer will depend on whether you are an only child or you have siblings. If just you then Dad (as surviving spouse) will inherit 100% of the...