Does the executor/attorney for an estate have to notify insurance beneficiaries of the existence of insurance policies?

If you are the true and correct beneficiary of the policies, then the estate has no claim to the policy proceeds. The claims made by the mortician...

Does an individual have to pay income tax in his resident state if he earned all his income in a different state?

If you are a resident of the state, you must file an income tax return. However, you can claim a tax credit for any taxes you have paid to another...

Here is an excerpt from the filing instructions for the PA Inheritance Tax Return which provides the answer as to when to file: "2. WHEN TO...

Can a S-corp hold retain earnings from one year to next?

Yes it can. Remember, the S shareholders must report the income from the entity regardless of whether it is distributed to them. Often times,...

A tax lien from 25 years ago, how do i dispute this?

You need to hire a tax attorney ASAP to assist in determining whether under CA law the lien has lapsed by virtue of time. For example, a federal...

Investment Account Question.

You could form an LLC and then issue K-1s to each of you for the amount of income that each of you must report. However, you would have the cost...

Inheritance tax after 9 months

The general rule is that damages for a decedent's pain and suffering (the survival action) are an asset of the decedent's estate and subject to...

You need to retain probate counsel immediately. It is clear from your facts that you have a non-performing executor. Every day that goes by makes...

You are correct. It is my understanding at least in PA that the notary MUST be present and witness the signing. Hope this helps. If you think...

Can i get a fiduciary without a lawyer?

I think what they are saying is that you need a fiduciary of the estate which is the executor if there is a will or an administrator, if there is...