Would like someone to explain the terms of my loan agreement”

This is strictly a Q&A section for technical questions. However, go to the Avvo Find a Lawyer Tab and put in your city and designate "business...

Power of attorney

I concur with my colleagues but also point out that you do not state the purpose of giving money to your spouse. If it is a gift then the POOA...

Is my foreclosure a 2013 or 2014 tax event?

A foreclosure is an extinguishment of your title to the home based upon a court order/decree....accordingly, until such documents/court decree is...

Where does one obtain the necessary documents to require a trustee to account?

Here is a succinct article which ties in nicely the duties of a trustee under the particular CA statutes. the Petition you need to file will...

Can I ask the trustee to direct the income or assets from my spouse's trust to my children instead of myself?

Would need to read the trust instrument to see exactly the express discussion of how you and children are described for health, maintenance and...

I am a beneficiary of a trust. The POA is to send us an annual statement of the trust but he is refusing to do so...Help!

the party is not a POA (Power of Attorney) which is for a living person. The party in charge of a trust is called the Trustee. You have described...

How would one transfer the ownership of their C Corporation to a close relative, without having to "sell" it?

Although not stated, your purposes for giving the stock away for free (in essence a gift) become important if (i) you have creditor problems and...

Do I have to pay tax for the money raised for a friend in need? (online fundraising)

not a good idea to insert yourself in the middle as to receipt of the funds. Why not just set up the website but link the paypal account directly...

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Are there tax issues when a co-own of a home gives the other co-owner their share of the home?

Potentially, yes. Not enough information in your post to tell you. If the two co-owners were spouses divorcing then no income tax or gift tax...

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I am completing an 1120 for my company; there was little income for the year ($37,000) and expenses ($41,000) left us with a...

distributions does not mean W-2 salary paid to you which is considered an expense to the corporation. A distribution would be where there were...