NO. Unfortunately, it sounds as though you are the victim of poor or no estate planning, or perhaps a misguided attempt to avoid probate. In...

Nobody can answer that question without more specific information: namely, the contents of your father's will and how his assets are titled. In...

Nobody on this site can advise you without more facts. If your daughter is concerned about her rights, she should consult a taxpayer defense...

If IRS is not coming after you for back taxes that you owe --- and it sounds like they are not --- then there is no point in going after your Ex. ...

It sounds as though you have been using rental real estate as a retirement savings vehicle, rather than a more tax-favored account such as a 401k...

You seem to be confused on the rule for the sale of a principal residence. You say: "I am supposed to wait until February 2025 for the 2 years...

You should consult an expert probate law attorney in your area. The attorney can answer all your question as well as related questions related to...

YES! If mistakes were made or if the trust were mis-managed, then the Trustee can be held personally liable for both the taxes AND the penalties,...

Tax-wise, as long as the distributions are made in the same calendar year as the stock is sold, it makes no difference: the trust would get a...

It sounds like you don't have a CPA, which is very unwise. Anyone who is trying to run a business of any kind should have a bookkeeper AND a CPA....