If I start a small corporation/business is there a certain timeframe I must post a profit?

Most importantly if your start up is incurring losses it is imperative that you have the corporation elect S status so that it can pass through the...

Items being removed from estate before inventory

No. No one has the right to take estate assets. The executor/rix needs to step up immediately to stop this looting of the estate. The executor...

Need to know the document term for my poa for after my death.

As the prior attorneys clearly advise, POA or even a durable power of attorney lapses at your death. The correct document here to provide for your...

Trusts

One of the benefits of creating a trust is privacy. Here, the trustee is not required to give anyone any information, especially if the aunt is...

Can real estate be sold by a Grantor/Trustee of an irrevocability trust with money from sale going back into the trust account?

If the property is held by the trust, then any proceeds must be deposited back into the trust. So not only is this possible, but it is required...

No will, husband died , i refuse to give admininistraix to his sister can they legaly get appointed without me siging anything!

Generally, without a will, the spouse is the first in line as far as the court naming you as administratrix. So you need to hire estate counsel and...

New ein?

It depends. If the settlor created a revocable deed of trust, he reported the income from the trust by using his social security number. At his...

My huband died no will can his family file for executor without my permission

Generally, without a will, the spouse is the first in line as far as the court naming you as administratrix. So you need to hire estate counsel...

Currently, each year you can give $13,000 per child (annual donee exclusion) and if you are married you can give $26,000 with a so-called spousal...

Mother deceasesd 9/4/09. Lawyer is Exec/POA. Beneficiary's are 3 charities. To date, lawyer has ignored paying bills.

This is a very serious matter. There may be something wrong with this attorney, either personally, professionally or health wise. As the prior...