Archived
I'm looking to start a Coins for Cash business. What license, insurance or process do i have to go through?
Charles's answer
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Answered on September 21, 2011
I agree - protect the business idea first and then deal with the choice of entity/setup issues. You will likely need to set up a business entity...
Archived
How to determine a Non-profit business is in good standing?
Charles's answer
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Answered on September 20, 2011
It sounds like you've already done your homework. If the business is not currently in good standing with the Virginia SCC, I would not consider...
Archived
My boyfriend claimed me and my son on his taxes, someone else also claimed my son.
Charles's answer
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Answered on September 20, 2011
I also agree with Mr. Fromm. The details of his explanation are also discussed in IRS Publication 17, Chapter 3. If someone other than yourself...
Archived
Will my step dad have rights to move into the house that was my mom's and she didn't leave a will?
Charles's answer
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Answered on September 16, 2011
I wholeheartedly agree with Mr. Fromm. I've seen this before and the situation can get very messy, very quickly. You should get in touch with a...
Archived
Would her child be able to obtain power of attorney to make health decisions on her behalf?
Charles's answer
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Answered on September 16, 2011
The simple answer is "no" - she does not have capacity to appoint an agent to make health care decision, and these documents should've been...
What are the Virginia laws for out of state wills?
Charles's answer
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Answered on September 16, 2011
I agree - as long as it is valid in the state where it was drafted, you should be okay. Another issue to keep in mind is that you may want to...
Archived
My mother in-law is living with cancer and unable to pay her medical bills. Will we be held liable for payment upon death?
Charles's answer
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Answered on September 09, 2011
Generally, the answer is "no". Children are not liable for the debts of their parents unless the children sign the loan documents - though there...
Archived
Can You Please Explain to me Property Deed of Gift
Charles's answer
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Answered on September 09, 2011
The deed of gift can be thrown out by a court, but this typically only happens in cases of undue influence, coercion or lack of capacity - it is...
Archived
Where can I find legal help to deal with a problem I have with H & R Block?
Charles's answer
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Answered on September 08, 2011
Look at your contact with HRB - there should be a clause which addresses binding arbitration and how to submit a claim. If all contact with...
Archived
I took an early IRA distribution because I am unemployed. It was a screwup by my accountant because I reported it & now I owe.
Charles's answer
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Answered on September 08, 2011
It sounds like you are on the right track. The IRS does have authority to waive penalties if it will create a hardship. You should provide the...
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