Archived
If you are the only survivor and there is no Will does the estate pass automatically or will it have to go through probate?
Steven's answer
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Answered on July 07, 2012
I agree with Mr. Tomberg. The estate must be probated to give you the power as an administrator to act for the estate.
Hope this helps.
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Trustee will not distribute funds to beneficiaries.
Steven's answer
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Answered on July 07, 2012
He must give her the accounting and you need to be patient for the legal process to unfold. Partial distributions are usually not recommended and...
Archived
Can I do anything about a loan my mother took out to give money to my brother?
Steven's answer
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Answered on July 07, 2012
Sadly this is not really a legal question but an interpersonal one. Your mom made a bad choice here and you can only hope your brother will pay her...
Archived
AMOUNT OF TIME REQUIRED TO FILE IN CA IF NO TAX IS DUE?
Steven's answer
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Answered on July 07, 2012
If you do not understand why the lien has been filed and cannot get it removed on your own, your only recourse at this point is to retain a CA tax...
Archived
Is this legit, do I have to pay for plaintiff's legal fees if I participate? Do I have to pay taxes on award money I receive?
Steven's answer
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Answered on July 07, 2012
This is probably a scam. Additionally, you should be aware that recoveries in most class action suits is very little for the participants. Maybe...
I paid my lawyer in cashiers checks, individually to their name, must I 1099 them?
Steven's answer
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Answered on July 07, 2012
Genrally if this is not in a business context you do not have to issue a Form 1099 to them. If this is for a business and if the amount is greater...
Archived
For New York small estate affidavits, do liabilities against the estate offset the asset value?
Steven's answer
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Answered on July 07, 2012
In most states it is the gross value that is looked to in determining eligibility. Hopefully a NY attorney will chime in here for the definitive...
Archived
So, as a licensed psychologist in the state of california you can't have an LLC, but can you have an LLC taxed as an s-corp?
Steven's answer
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Answered on July 06, 2012
The tax election has nothing to do with the legal status of the company under state law. It is still an LLC under state law.
Hope this helps....
Archived
As POA for a relative with Alzheimers, can I name another person to be in charge while I am out out of the country for 8 days?
Steven's answer
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Answered on July 06, 2012
No you can delegate your power. You do not have the legal power to do so.
Hope this helps.
Please remember to designate a best answer to...
Whether Disclaimer of IRA under S. 2518 IRS code is valid after 9 months of the death of IRA account holder?
Steven's answer
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Answered on July 06, 2012
I agree with the prior attorney. The disclaimer is invalid for tax purposes. It is not up to the company to send notices to beneficiaries about...
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