Can a trustee use trust money for personal use like an early distribution to himself and exclude other beneficiaries?
Gregory's answer
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Answered on July 17, 2021
You should request an accounting immediately and if you do not receive one you should hire an attorney to file to have the court order a formal...
Will I need to file tax?
Gregory's answer
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Answered on July 17, 2021
If you are under 65 years old and income is under $12,400 in 2021 excluding the SSDI you do not have to file a federal income tax return.
My tax preparer filed tax returns without me and my wifes authorization. Can it be canceled?
Gregory's answer
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Answered on July 09, 2021
You have to file a 2020 amended federal return by April 15, 2024.
When I put a property into a irrevocable Trust do I have to redo the Will?
Gregory's answer
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Answered on July 03, 2021
Your will only covers assets in your name alone. Therefore all assets titled in the trust will be covered by the trust document and not your will.
Joint tenant means?
Gregory's answer
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Answered on July 02, 2021
If the property is jointly owned the surviving joint tenant inherent the property by operation of law so property would be considered non probate.
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Hi, I am a signing agent in FL , I witness many documents. Some Docs request 2 witnesses, can my husband also be a witness?
Gregory's answer
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Answered on July 02, 2021
Yes your husband can sign as a witness as long as he is over 18 and reads and writes English.
I received a letter for review for child support. They are asking for tax returns and pay stubs. I also own a business.
Gregory's answer
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Answered on July 02, 2021
It depends on the judge. They should consider your most recent tax return and your current earnings.
Sold some land and closing company never files a 1099 at closing. It’s been a few months and not there wanting me to sign a 109?
Gregory's answer
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Answered on July 02, 2021
If you do not submit a 1099 there is not much the Title company can do but that does not mean you should not report the sale on your federal tax...
401K Contribution Limit for Married Filing Joint. ?
Gregory's answer
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Answered on July 02, 2021
You can contribute to a 401k through your employer plan as long as your wages are at least that much and the same goes for your spouse.
Need help with my 2020 federal tax return
Gregory's answer
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Answered on June 30, 2021
The IRS is now taking up to 16 weeks to process refunds due to their lack of personnel and other priorities. You can call 1 800 829 1040 to see if...
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