Who should the trustee be on a second deed of trust with the primary deed of trust held by a bank

Do not lend money to friends. Do not loan money to friends. Do not loan money to friends. Can I be more clear here. Anyway, you would be second...

Child Trust Funds

You need to retain counsel immediately to bring something similar to what we call in Pennsylvania a "surcharge action" against the trustee. For an...

I have a revolcable living trust. Can I go ahead before I die and deed the house to my two children?

You can deed the house to your children while alive. A lot depends on facts you have not given me. If you make a lifetime gift the kids get a...

If you were given a choice to receive retirement in a lump sum or monthly,can you change your mind at a later date?

Somthing smells here. Usually, there is a packet of forms laying out your choices and options. You are usually given time to decide. If the...

Well I guess that committing perjury and tax fraud is funny to your ex-husband. If you are not married, what forms is he forging-Is he still...

Do the recipients of money from the sale of a home of a decedent, owe taxes on that money?

The previous answer is usually correct. But you have not specified whether the trust was revocable or irrevocable. If the property was placed...

On my decree it says to give half cash value of my 401. Does that mean full amount or I am praying it means taxed amount?

I am not sure about "half cash value of my 401." Do you mean you must give to your spouse half of the current cash value of your 401? You need to...

Do we need an attorney?

First, you must be sure that the amount owed is correct. If it is correct and if you trust the current office, they may have the expertise to...

We are need to negotiate a compromise on taxes. What is the best wasy to get this resolved without large service cost.

You are talking about an offer in compromise. These matters take time and effort of an attorney. Actually, the price quoted does not seem that...

Can the IRS sue me for my Dad's taxes?

This liability is a liability of his estate. Generally, if the estate does not have any assets then the debt is non-collectible. Also, since you...