Are capital gains in a brokerage account within an irrevocable trust eligible to be included in the DNI?

You need to consult the Trust Document and if it is silent, then consult the Uniform Principal and Income Act of the state whose law governs the...

From which age should a USC start filing tax returns when living abroad?

US Tax Law requires that all US Citizens declare and pay taxes in their worldwide (global) income. Even if he is not earning income, he may be...

Can I get a foreclosure reversed ?My son is an heir to my deceased husband ,and he was not served .

Wherher you can set aside a foreclosure sale in Florida depends on several factors that are beyond this forum. However, if there was any equity...

What is the longest time I, as a wife have before recording my husband's will? Is is illegal not to file?

It might also be possible to do a less costly disposition of personal property without administration. Some firms offer a discount for “small...

I agree with my colleagues. If you do not have one, you might want to hire a CPA to file your 2018 income tax return so the information provided on...

How to make sure I keep the house if something happen to him?

It is important that you seek advice from an experienced estate planning attorney who can review the house deed and write Will or Trust to ensure...

Can an executor refuse to settle an estate until 3 year SOL to audit expires?

Issuance of a closing letter does not legally preclude the IRS from assessing an estate tax deficiency within the applicable statute of...

Lost or misplaced Will?

Florida Law has a mechanism for validating a copy of the Will. This usually involves the witnesses to the well executing in affidavit. The...

Can I see my school's financial aid office for misleading information?

I’m sorry to hear you’re having this kind of trouble with financial aid. The University bureaucracy can be quite frustrating. However, when I...

Inherited IRA for minors

It is good to think ahead. Regarding your IRA, since the children are minors, you might be better served to set up a revocable living Trust with...