Archived
I'm doing a musical CD project for charity but am a private individual. I'm sure I'll have a tax liability?
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Answered on June 13, 2016
If you make donations to a charity that has 501c3 status you'll be entitled to deductions, you'll also be entitled to deductions for your expenses....
Archived
Why are mandatory distributions of principal from a children's trust often written for three installments at specific ages?
Steven's answer
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Answered on June 12, 2016
Something like that can be whatever you want it to be. There is nothing required about such a plan but many lawyers might use that as an example...
Archived
If there is no will, and the deceased has three minor children with an ex-wife, and was remarried before death.....
Steven's answer
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Answered on June 10, 2016
Well, you would have be certain about the will. If he had a will he could, and very well did, leave everything to his wife. There is not an...
Archived
How to buy vacant propetry from back taxes
Steven's answer
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Answered on June 10, 2016
If you are actually considering entering and working on a property you don't own you are committing multiple criminal and civil violations. If the...
Archived
Can I, as joint owner of a brokerage account, take money from it without issue if co-owner placed account in a revokable trust?
Steven's answer
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Answered on June 10, 2016
The method of ownership you are describing is probably not possible. The account is likely either owned by him, owned jointly by both of you with...
Archived
What gets paid first after a person passes away?
Steven's answer
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Answered on June 10, 2016
There is very likely fine print in the loan paperwork giving them the right to pay any deficiency out of the accounts at that bank. Normally...
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What are the legal rights of an estate beneficiary concerning bank accounts where the deceased has a cosigner on account.
Steven's answer
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Answered on June 10, 2016
You have to clarify what is meant by "co-signer" and what the actual registration at the bank is. I think you probably mean the account was held...
Archived
Who is custodian over financial assets when a deceased had not made a notarized power of attorney assigning a designated agent?
Steven's answer
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Answered on June 09, 2016
I am not sure if you are trying to use terms from a document or perhaps terms you do not understand or trying to sound official or use legalese....
Archived
I am a beneficiary and can not get death certificate what do I do
Steven's answer
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Answered on June 09, 2016
If you have a proper/legitimate reason to obtain one you may do so - contact the funeral home or an online provider or the department of vital...
Archived
Do I have to disclose to the power of attorney for an individual the amount of money in a trust left to that individual?
Steven's answer
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Answered on June 09, 2016
Your explanation is a bit confusing. Are the funds in a trust? Are you the trustee? Or are the funds in your name? If there is a trust the trustee...