Which is better for an unmarried couple with heirs purchasing a home together: Joint Tenants or Tenants in Common?
Dana's answer
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Answered on September 28, 2020
By "joint tenancy" I am assuming you mean "joint tenants with right of survivorship". The term "joint tenant", without the survivorship language...
Archived
Can i pay volunteers?
Dana's answer
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Answered on September 16, 2020
A volunteer is generally not paid. Once you begin paying them, they are no longer volunteers but they are either contractors or employees, and once...
What is the cost to get a deed of survivorship changed ?
Dana's answer
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Answered on September 16, 2020
Under the circumstances, the sister is on deed and cannot be removed or her ownership altered unless she participates in doing so. This is not a...
Can I get my name on a deed of gift with rights of survivorship if my mom and sister's name is on it but my mother is the owner?
Dana's answer
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Answered on September 16, 2020
I wish people thought this all through before they started adding children to deeds. Your mother can add you and can even grant you a survivorship...
Grandfather Died, Will Hasn't Been Filed?
Dana's answer
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Answered on September 09, 2020
Accept my condolences for the loss of your grandfather. There are things you can do, such as Mr. Hughes' suggestion that you petition the Court to...
Are fees from a "consulting services agreement" tax deductible? Plus, is doing business with a "Chinese Wall" going to screw me?
Dana's answer
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Answered on September 09, 2020
None of us can give you direct clear answers on this as we have have not seen the documents, have not developed the full facts and this transaction...
Archived
Should I change my tax election?
Dana's answer
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Answered on September 03, 2020
There are many things to consider when deciding to be an S-corporation vs a disregarded entity type LLC. I'd be real concerned with a tax...
Archived
Is this debt legitimate and mine under my relative's foreclosure, should I pay, what should I do?
Dana's answer
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Answered on September 02, 2020
I agree with my colleagues. I wish to add, rather bluntly, that if the house is in the name of the relative then it is quite simply not your house....
Archived
I have an attorney that is currently working on my mother’s estate. Are things confidential that I tell him about a client?
Dana's answer
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Answered on August 27, 2020
The answer to your questions is "it depends". An Estate is normally not "against" anyone, it is the administrative gathering in of the assets of a...
Inheritance and a minor child
Dana's answer
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Answered on August 20, 2020
I can think of many things that could be done, but I can't recommend any without more facts such as the date of death, whether or not any estate...
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