An irrev. trust created 2007 but tax returns never been filed. Trust has assets. Does that void the trust due to no tax return
Matthew's answer
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Answered on June 21, 2018
Failure to file or pay taxes does not invalidate the trust. The trust may have to pay interest and penalties, and the beneficiaries then may have...
Would I be responsible for my husband's debt if he passes away?
We've been legally separated for over 10 years.
Matthew's answer
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Answered on June 21, 2018
If the debt is his alone, then you would not have any liabliity to the creditor. If you did not agree to be co-liable for the debt during his...
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