Formed a business wrong I think
You are entirely correct that payroll would eliminate taxable income at the corporate level, assuming the payroll is reasonable and not disguised...
Philadelphia, PA
Probate Lawyer at Philadelphia, PA
Practice Areas: Probate, Estate Planning, Tax
You are entirely correct that payroll would eliminate taxable income at the corporate level, assuming the payroll is reasonable and not disguised...
You are confusing terms here. For trusts you need to use the term co-trustees. Assuming they are co-trustees, then they have equal say and both...
These are generally tough tax issues. First, it would appear that the commuting and related costs would not be deductible. See my legal guide...
No. Your great uncle' estate would have to pay state inheritance tax or estate taxes in the state where he resided at HIS death. (The only...
I agree with the prior attorney. The only thing to add is that if there is a will your rights are determined pursuant to the provisions contained...
I agree with the prior attorney. The only thing to add is that sometimes the solution can be that the tenants pay rent to the estate during this...
Yes you may have a case here. This situation seems to be one of overreaching, fraud and undue influence. You need to immediately retain counsel...
It sounds like mom is clear minded. If she is clear minded and has no mental defect, then she should revoke the current POA and grant a new one to...
The rule against perpetuities is not relevant here. What is relevant is whether the trust allows for early termination; there is usually a...
As the prior attorney stated, you really needed to have counsel represent you here. Building your case may have, and obviously did, required you...