Our lawyer would not include no contest clause in will because we live in North Carolina.

To solve for the problem that no contest clauses are invalid in NC, simply form a revocable living trust and convey your assets to it so that it...

I want to unwind the decanting of an irrevocable Trust in NY. Do I file a petition to unwind or do I have to sue the trustees

Decanting of an irrevocable trust requires a petition with all affected parties having to be noticed and granting approvalmto the proposed change...

Can I use net operation losses from prior years for S-corporation to apply to form 1040 by using carry forward for prior years?

Simple answer is yes scorp losses can be carried forward as they flow through Schedule E of Form 1040. However, if and when you can use these carry...

Is it possible to have a LLC in a state you're not living in and do business in the state you are living in?

Yes you can form an LLC in any state but if you are doing business in one or more states in terms of core center of operations then you need to...

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I have a durable Power of Attorney over my aunt's finances, she is now incapacitated from stroke (but alive) am I still POA?

That is what the concept of "durable" means.....the POA (and your specific powers granted) is unaffected by the incapacity of your Aunt. You may...

Lost a judgement against me and elderly mom. Was paying $300/mo out of her pension.she died.am I liable for all or half?

All depends on whether or not the judgment was joint and several which would mean either you or Mom are liable for full liability regardless. Speak...

Tax file for LLC with only family members

Only a SMLLC can file as a sole proprietor. Whenever an LLC has more than one member (as in your case) then a partnership return on Form 1065 is...

Do I have the rights to my company name solely and should I take legal action?

You will to seek out an international attorney in the USA who has experience in IP infringement lawsuits. Too complex a question without enouh info...

Will it affect my tax status once I am divorced, if I sign along with my spouse so her job can release her 401k money to her?

Do not sign anything as spouse may be trying to take the funds and spend so nothing for you to claim any rights to. By quitting her job she is...

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Can board members tell other shareholders that I am in arearrs? Is that confidential information?

A board of directs duty runs to the shareholders of a corporation and what is in the best interests of such corporation. Given you are in arrears,...