I have a wife but i dont want her to inherit any wealth
If she has power of attorney or becomes your guardian, yes. She also may inherit the money upon your death. You should make sure any power of...
Chapel Hill, NC
Probate Lawyer at Chapel Hill, NC
Practice Areas: Probate, Estate Planning ... +2 more
If she has power of attorney or becomes your guardian, yes. She also may inherit the money upon your death. You should make sure any power of...
Payment arrangements can only be made for past-due taxes. Your best bet is to borrow the money and make sure the taxes are paid in full before...
This is a complex area of the law, so I recommend consulting with an estate planning attorney. Credit-shelter trusts are used only by the first...
Perhaps not at the first death, but what if you are both killed simultaneously in a wreck, or if the survivor dies without a will - whom do you...
That is correct. The RMD should be taken before the account is transferred into the new registration for the beneficiary. Is that is in fact done,...
An LLC can be owned by an irrevocable trust. If the trust is a grantor trust, the trust grantor will be considered the owner for tax purposes. If...
I am sorry to hear that your IRA investments apparently performed poorly. You have not posted a question, but perhaps you should take your...
No. A QDRO can only be entered as part of a divorce proceeding.
No - this would be considered impermissible self-dealing. You are entitled to a personal representative's commission for the entirety of your...
If the deceased child had a Will, it will control the distribution of his or her share of the estate. If the deceased child did not have a will,...