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If I give my two partners (not family) some of my shares ($250K value) in our LLC can it be tax free by using the Estate & Gift
Linda's answer
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Answered on January 06, 2015
As the gentleman above stated, your ability to do this will depend on your personal estate tax situation and any other gifting your may have done...
Archived
Can a person make a will and will a young boy to some one?
Linda's answer
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Answered on December 31, 2014
No. A child is not property that can be passed under a Will. Often individuals will include in their Will language indicating who they would...
Estate and real estate question - can I negotiate payoff with the mortgage company that owns my late husband's property?
Linda's answer
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Answered on December 31, 2014
If you are the sole beneficiary, then under North Carolina law you have owned the property from the moment of his death. That is how real estate...
IF A WILL STATES THAT A IRA TO BE DIVIDED & THE OWNER ADS A BENAFISHERY LATER, WHITCH IS LEGAL---IS IT STILL A LEGAL WILL
Linda's answer
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Answered on December 31, 2014
The beneficiary designation on the actual IRA account will control. The terms of a Will only direct how an IRA is to be distributed if the IRA is...
Archived
Must a Healthcare Power of Attorney be proven (documentation) by a non-family member before healthcare decisions are made?
Linda's answer
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Answered on December 24, 2014
You've raised a number of different issues. First, yes, the healthcare power of attorney should have been provided before an individual made any...
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My will is outdated because I am divorced and it lists ex as receiving assets. Can I nullify it without creating a new one?
Linda's answer
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Answered on November 11, 2014
While it would be advisable for you to update your Will, due to your changed circumstances, North Carolina law provides that, upon your divorce...
If i am a homemaker with no income, can i file married but separate?
Linda's answer
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Answered on November 01, 2014
As long as you are legally married, you and your husband can agree to file as "married filing separately." That said, I would recommend that you...
Why would a company created multiple LLC's under the same name (same mailing address) but in different States?
Linda's answer
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Answered on October 16, 2014
Another possibility is that you're actually seeing the same LLC in each state. When a company intends to conduct business in a state (other than...
Archived
Will my son lose his license
Linda's answer
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Answered on September 15, 2014
This really isn't a Business question. I'll try to move it to the appropriate category for you so that you can get the help you need.
Archived
When a will is done can u have it put in it that once it is done it can't be undone
Linda's answer
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Answered on September 04, 2014
As long as a person is competent, they are free to make whatever changes they desire to their Will. No provision in a Will that makes it permanent...
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