Can the IRS really tax someone on the value of stock when they don't have the money liquid?

You are not going to be taxed on any appreciation in this stock until it is sold or until it distributes capital gains outright to you. If your...

How will I get social security benefits after my husband passes away, and how do I make sure I am the beneficiary

There is no beneficiary issue here. You have an election under Social Security law to continue under your own account or to draw as a surviving...

There is no allowable deduction for this.

Does it make sense to pay the settlement or file bankruptcy and if so what differences would appear on my credit report

Then prior attorney answered your questions directly. However, in general, it never makes sense to consider any bankruptcy without a full review of...

Can a debt judgment be collected from a bank account that has only direct deposited Social Security retirement benefits in it?

No, those funds are usually exempt with a couple of exceptions- child support and taxes, under special circumstances.

How do I challenge the beneficiary of a life insurance proceed, the time limitation, and which court handles this?

You have no apparent grounds to challenge the provision. Conceivably a challenge could be made by someone who would benefit directly if the insured...

Will he be held responsible for my past debts? Can collections come after his money just because we will share an address?

Your Dad will have no exposure or liability for your debts. Tell him he can relax.

If i settled with comp. will it affect my monthly social security income ?

Yes. There is an offset from Soc Security for workmen's comp installments.

NYS Tax Return FIling

No, only what is asked for. That's pretty much the NYS form, any schedules, and the relevant w-2's, 1099's, etc

I don't see any issue here. Mary Smith is entitled to the federal refund as a joint filer. If there is anything in a estate proceeding for Mr....