My mother passed away and I am her next of kin, may I use her personal bank account?

No, upon her death the account becomes an asset of her estate. If there is a will an executor acts for the estate and if there is not a will an...

My mother passed away and I am her next of kin, may I use her personal bank account?

No, upon her death the account becomes an asset of her estate. If there is a will an executor acts for the estate and if there is not a will an...

I am married with two minor children. I would like to be prepared in the event that something happens to me and my husband.

If you have assets, you need a trust so someone can manage your assets while your kids are of minority. Trusts have many advantages, such as...

My 83yr old dad is being controlled and manipulated by his lawyer to cut me out of his life and will. Do I have any legal rights

It sounds like your dad is swayed by whoever is putting pressure on him. You need to sit down with him and find out what he really want to do. ...

My father changed his will with my sister's knowledge but without MY knowledge, leaving all his liquid assets to her.

You basically have to prove fraud, overreaching or undue influence. This is quite difficult to do and you must have evidence to support your...

It depends on whether the assets of the trust were included in the taxable estate of the decedent/grantor. If the grantor retained certain...

Deceased assetts

It is assumed that your mom survived your dad and now she has died. If that is the case her will controls her probate assets (basically, anything...

Estates and distribution of income

You are looking in the wrong part of the return-Part II relates to the AMT. You need to look at line 18 on page 1. That is the amount of income...

LLC business in PA w/ 3 members. I don't believe there is any operating agreement or buy sell agreement.

You are in a rough spot. Fundamentally, if you can not afford to buy them out, then you can not gain control of this business. Without capital...

I was guarentor of a loan for a partnership. The General Partner moved cash to another partnership and left me holding the bag.

I am afraid that if you signed the guarantee agreement you have personal liability regardless of the actions of others. You need to hire...