Do I have to pay real estate gains taxes if I sign over my house to my 30-year-old son as a gift?

You will not realize any gain by transferring the house to you son so there is no capital gains tax to be paid at the time of transfer. However,...

Hi can you help me

Attorney Raft has given you good advice. Do not ignore the notices as that will lead to a judgment against you. You should also look into...

You understanding of this situation is a bit off. You can NOT be on the deed but not the mortgage. The mortgage and deed must match. You probably...

How to transfer title insurance to LLC?

The title insurance is not transferable. Any change in how title is held will terminate the coverage.

Will this void my power of attorney document ??

You should not alter the power of attorney. That will invalidate it. Your address is not important as long as you are the individual named in the...

Whether your sublease is binding or not can not be determined without reviewing the agreement. Typically, you would be responsible for the rent...

Does a Power of Attorney to the management office of my building, require that it be recorded before the NYC Register?

A power of attorney can be, but does not have to be, recorded. By recording it you make the power a public record. If it is properly signed and...

If I file for bankruptcy what will happen to my student loans?

That depends on the type of student loan. Most student loans are not dischargeable even in bankruptcy. Others can only be discharged upon disability.

Am I responsible for my moms credit card debt after her passing

You are not personally liable for her debts. Her estate, however, is, so if she left any assets to be distributed those debts must be paid from...

Can I sue my friend for not paying me back 650 loan in cash?

Yes. Anyone can sue anyone else for any reason. Whether they succeed or not is a different issue. You can sue her in small claims court and you...