There are a number of things that can extend the assessment statute of limitations. Voluntary extension is just one. However, filing a...

If the will provides that you must survive your grandmother by 6 months, the attorney is probably waiting until the expiration of that 6 months...

I think the attorney is just being thorough. Generally, in a wrongful death lawsuit, the people who are entitled to damages are the decedent's 1)...

In a community property state, the surviving spouse gets a basis step-up on the full value (100%) of the property.

You're right. The Trustee controls everything, and there is little you can do. If this were a probate estate, the Probate Court would be...

Treasury regulations allow for the capital gains exclusion when title is held by a single-member LLC. However, they do not address the question...

Penalty to whom? Unless a tax reporting document is filed, IRS is not going to know about this payment. It would only show up if the tax return...

Sounds like the estate is not being handled through the Probate Court. Too bad! The Probate Court would ensure that the terms of the will are...

Your scheme will not work. The 179 deduction cannot be used to offset income from your job ---- only income from your car rental business. So...

Your son needs to consult a CPA. He should hurry, as the extension deadline (10/15) will be here before he knows it.