How can I get my sister out of a home that i own?
This is not a legal question. Remember the old adage: JUST SAY NO. In your situation, your sister has no legal right to live in your home. You...
Philadelphia, PA
Probate Lawyer at Philadelphia, PA
Practice Areas: Probate, Estate Planning, Tax
This is not a legal question. Remember the old adage: JUST SAY NO. In your situation, your sister has no legal right to live in your home. You...
The simplest legal alternative is to transfer the property into your daughter's name. You can do this by having a deed drafted that transfers...
The better strategy to pusue is called a conversion of an IRA to a Roth IRA. You merely treat as taxable income the amount that you convert and...
Generally, corporate shareholders are not liable for corporate debt. It is hard to tell from your facts whether the "property" taxes were debts of...
I am not sure what you mean by rolling over a joint account to a Roth IRA. The term "rollover" in the context of IRA generally means moving IRA...
Generally, corporations protect their shareholders from liability for corporate debts. Generally, LLCs are corporations for state law purposes but...
Generally, shareholders of corporations (regular corporation, LLCs, S corporations) are not liable for corporate debts. However, when you retained...
You must make a distinction between trustee and beneficiary. A trustee administers a trust and has certain fiduciary duties he or she must follow...
You must look to the tax allocation clause in the will. Generally, taxes are paid from the taxable assets of the estate and the charitable bequest...
Generally, state inheritance taxes are not deductible for federal income tax purposes. So it would not appear that an income tax deduction would be...