Can I claim my 18 year old on my taxes as a dependent if she worked part-time and earned under $5000 in 2010?

Qualifying Child: There are five tests that must be met for a child to be your qualifying child. The five tests are: Relationship, Age, Residency,...

Can a surviving spouse be sued by estate for demanding her 33% share of husbands estate, and who usually wins in this instance?

You need to go back to the lawyer who gave you the advice or you need to immediately retain new counsel if you have not already done so. Since you...

Can my younger son protest against my elder son's ownership after I pass?

One sure fire way to avoid this problem is for you to draft a will that provides for your elder son as you desire. Most important is for you to...

There is no best way to disperse funds to avoid large taxes. You as trustee must distribute monies from the trust in accordance with the terms and...

Filing taxes for a deceased person

You need to probate the will and be formally named as executrix of the estate. Once named you can then get an EIN for the estate and then set up...

In California, how much is a gift limit to attorney in fact, family members before or after settlor's death?

I am not sure what you are asking but here are some basic federal transfer tax rules. First, present interest gifts of $13,000 are allowed each...

What recourse is there for theft from a trust account?

She has breached her fiduciary duty and has stolen from the trust. You need to immediately retain estate litigation counsel to stop her from...

I had an LLC with a partner within an Insurance agency, i was active partner, did he have right to remove my name w/o consent

He can not legally do what he is doing. His unilateral actions have interfered with a corporate opportunity and he has basically stolen corporate...

Is it consider fraud if a person accepts life insurance payments and they are legally separated?

It does not seem that your actions are fraudulent. If you are the named beneficiary of the insurance policy, it is not dependent on you being...

Is it legal for me to register an LLC in NJ w/real NJ address even though I do biz in PA? I will also file as foreign ent in PA.

If the entity is operating in PA, it must file tax returns in PA. Merely registering in NJ will not allow you to avoid filing in PA. In fact you...