Archived
Is there anyway to force a will to probate if the executrix is placing restrictions on me before she will release any funds??
John's answer
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Answered on May 05, 2016
Your post is somewhat unclear so let me guess that what you are saying is (1) there is a will to be probated but (2) the named executor has yet to...
Archived
I want to terminate the contract between the Seller and Buyer can this be done legally without the Buyer pursuing legal action?
John's answer
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Answered on May 05, 2016
The terms of the contract dictate what rights (as Seller) you have to terminate or not terminate. If you were to refuse to close and buyer was...
Archived
Does the LLC & "S" corp have the same liability protection? Would I have to pay the $800 filing fee twice?
John's answer
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Answered on May 05, 2016
You would not have to create a 2nd entity to accomplish your goals. IRS allows you to elect how you want to be viewed for tax purposes so you would...
Archived
Does the husband get 1/3 of my moms estate. Everything was left to my sister and I. Now the attorney says he gets 50,000??
John's answer
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Answered on May 03, 2016
The spousal election is under EPTL Sec. 5-1.1A and is the greater of 1/3 or $50,000 --- so the new info that it is limited to just $50K is...
LLC good for one person consulting company?
John's answer
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Answered on May 03, 2016
What you have heard needs to be understood a little differently as it depends on who are the specific creditors and their relations hip to you...
Archived
Can I sell shares of my corporation for a price someone wants to voluntarily pay for it, and can I do this before it goes public
John's answer
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Answered on May 03, 2016
You need advice from a Securities Lawyer as attorney Lanard is correct. Specifically you need to understand the rules for exempt private offerings...
Archived
Startup corporation: are shares considered unrestricted if they are NOT vested but have in place a vesting repurchase option?
John's answer
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Answered on April 26, 2016
What you are asking here is a compensation question under IRC Sec. 83. Specifically the time when the value of property (stock) given in exchange...
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Archived
Can an Irrevocable Living Trust be easily revoked/amended if beneficiaries agree?
John's answer
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Answered on April 26, 2016
I agree with my colleagues that you may have a REVOCABLE Trust that becomes irrevocable at certain triggering events such as death or disability....
Archived
How do I get my tax return correct if it is already been filed? Do I have to go back to court to get the exemption signed?
John's answer
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Answered on April 26, 2016
This is a breach of your Divorce Separation Agreement and you have been damaged by the loss of the dependency exemption. Send her a demand letter...
Archived
What are the chances of fighting case to get the rightful heir the insurance money and have them deported.
John's answer
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Answered on April 26, 2016
other son would have a claim for a portion of the decedent's estate. A petition for administration would have to be filed in the probate court and...
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