Yes, you do need to disclose the trust to DSS as part of the filing. They have the right to review the terms of the trust, as well as to see if...

The current gift tax annual exclusion is $14,000 per recipient. But with a $5.25 million lifetime gift tax exemption, no gift tax would be owed...

How can I still be a 50% partner on an LLC that my friend & I are forming if my wife is also signing her name on the business?

This is too complex an issue to be addressed online. You need a well-drafted LLC Operating Agreement prepared by an experienced business attorney...

I am single and own a home- what do i do to protect it. do i get some type of will or trust? i don't know

If you are looking to protect the home from general creditors, the first line of defense (as was already suggested) is an umbrella insurance...

If i transfer ownership of a property to my LLC, can someone be entitled to my LLC and its assets if I get sued personally?

A lot depends on when the asset is transferred as well as the nature of the LLC, including the jurisdiction of its formation. As a basic rule, a...

Unless the trust were to specifically provide for such a modification -- or the Trust includes a Trust Protector who would have such a power -- you...

What are my options regarding a nursing home bill I don't want to pay?

If you do not pay, it is likely you, or the decedent's estate, or both, will be sued by the nursing home. It appears that you would be asserting...

Can my neighbor request money or put lein on house?

Assuming the money was a loan (as your question indicates), the neighbor could try to obtain a judgment against you for a default. Without a...

Inheritances can have great impact on public benefits. As Ellen Victor said, your age will greatly determine how you would need to address this. ...

Where do I file LLC papers if I will be moving to another state?

While it is generally true that you would establish the LLC in the jurisdiction of its principal place of business, there are exceptions. If asset...