Tax on Inherited IRA

I can not tell you about CT since I am not a registered attorney in that state. But federally it is taxable income and it depends on what other...

How do i get my money the irs ows me

The easiest thing to do is to call them to discuss the monies you think they owe you. Perhaps they do not have the same perspective and you are...

Plan to give each (2) child $250,000.00 are there tax consequences. We are a married couple

There are no income tax implications but there are gift tax implications. You are allowed to give an annual donee exclusion of $13,000 and your...

My children lived with me all of 2009 and i provided all of their expenses. one is 22 and one is 23 can I claim them on my taxes

With all due respect to the prior attorney, there is something called a qualifying relative in addition to qualifying child that would allow you to...

Generally Form 1099s are not attached to the return. One exception would be a Form 1099R where there was income tax withheld. New Jersey does not...

The prior attorney addressed the transfer issues. As for the tax issues, if the shares are being transferred for inadequate consideration, there...

It would seem that the insurance company made the check to trust as the owner of the home. It would seem acceptable to deposit the check into the...

Any duty to deal with relatives who are not supposed to receive anything under the terms of decedent-father's living trust?

Wheterh you have a legal obligation to him, it is sometimes better to address these problems immediately. Do you really want to get him mad, have...

How do I set up a living trust

You are really on the right track and should be commended on your thinking. Choosing fiduciriaries, such as trustees, executors and guardians is...

My sister is executor of dads will how long does she have to pay us kids our share of trust,ins policies etc?

You need to retain estate counsel yesterday to protect your interests and make sure your sister follows the terms of the will and trust. Why are...