Inheritance of Foreign Bank and Foreign investment Account
Nobody can give you meaningful legal advice over the internet. You need to consult an expert probate law attorney as well as an expert tax...
Columbus, OH
Tax Lawyer at Columbus, OH
Practice Areas: Tax, Estate Planning ... +3 more
Nobody can give you meaningful legal advice over the internet. You need to consult an expert probate law attorney as well as an expert tax...
You are correct that there will be gift tax implications if you transfer anything of value to someone other than your wife. At a minimum, you...
"Any advice I would greatly appreciate." Go see an expert tax dispute resolution attorney ASAP. Based on the facts stated in your question, you...
It sounds as though your mother died intestate --- without a will. You, or whoever wants to be in charge of administering your mother's estate,...
The more serious issue that you need to contend with are the FBAR and FATCA reporting requirements. You need to find a CPA or tax attorney who is...
A 1099-C is typically sent to the debtor when the account is written off the creditor's books. This can be the same year, or it can be several...
It sounds as though you are working with a shady tax preparer. CPA's and EA's are licensed, so they are less likely to engage in such shady...
If your father's estate was probated, you should be able to get a copy of his will from the Probate Court. Otherwise, it is very likely that...
When you put someone's name on a title, you are giving them an ownership interest in that property. You cannot then just take their name off the...
You should consult an expert probate law in your state. Probate attorneys know the ins and outs of inheritance taxes, and CPA's do not.