What basic reasons would determine if you should have a living trust instead of a last will?

I tend to use living trusts more often than not, but it depends on the situation and each plan needs to be tailored to the specific client. The...

Who owns the home if taxes are paid by another?

Paying the taxes does not make him the owner. If both the parents died, it would be most likely that the house would be a part of the last parent...

I also don't know what ATF means in this context. Perhaps you mean "ITF" _ which is "In Trust For" - and that is like a beneficiary designation on...

Do I Need to file a REV 1500 return? How about a Form 1041?

You would need to file a REV-1500. Probably also a 1041 but that depends if there is enough income to warrant it. Seek professional advice.

I wanted to know if I can claim my unborn baby for tax this year?

If a child is born as of the last day of the year you can claim the dependent for that year.

How to file taxes for an s-corp entity after not filing the previous years?

I agree with the other attorneys - the best thing to do is come forward and file the returns. You may have options in terms of abating penalties if...

I work and live in NYC but would like to change my address to PA for car insurance reasons?

You are essentially announcing to the world that you intend to commit insurance fraud. I would strongly suggest you rethink your plans.

Can a successor trustee decide how much a person can receive monthly.

It depends what the trust says - if it says it is in the trustee's discretion up to 4,500 then the trustee has discretion to give less. If it says...

Is there a requirement that a real estate lawyer has to hold part of the sale of a home in escrow to pay for capital gains?

Assuming that it is true that you have capital gains (this would mean it is an investment property or not a principal residence etc or over certain...

Do my mother have to file a small estate affidavit with the courts in Pennsylvania?

A small estate affidavit only applies in certain situations and a small estate petition (this is different) also only applies in certain cases. It...