If you have been to settlement and the deed was signed and recorded, the house is yours. However, what is prompting this buyer's remorse? Is...

How do I protect myself from being taxed from receiving money after my mothers death

This is a very wide open question, but a couple general points are worth making. First, if your mom dies this year, there would be no federal...

Inheritance tax forms

The PA Inheritance Tax (PIT) form is Rev 1500 and it can be submitted by you. Remember, that you can take certain deductions against the gross...

If you form your LLC in another state, you must still have what we call in PA a certificate of authority to act in the foreign state. So if you...

Am I considered a business or a hobby?

If you earn income it must be reported. It seems that you would be operating at a loss, at least initially. If there are any liability issues...

Inherited CD

If she is mentally competent then you should not only have a durable power of attorney drafted, but you should also have a "living will"-an advance...

How Can I Get Access To My Trust fund?

Chances are your parents know a lot more about the trust than they are saying and maybe for the reason that they do not want you to know too much...

The employee is liable for a certain amount of taxes based on his income. However, his employer failed to pay to the IRS the amount requested, but...

LLC or S Corporation

In addition to the valid points raised by the prior attorney, here are a couple more. 1. S corporations may have an advantage from a social...

Is it feasible for an executor to take 6 years to settle a complicated estate?

As the prior answers indicate, estates sometimes stay open this long. If there is hard to sell real estate or the terms of a trust under will...