Archived
What documentation must a trustee provide to the beneficiaries concerning expenses the trust is paying?
Matthew's answer
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Answered on June 16, 2015
Yes, the trustee needs to provide an accounting of trust assets to the beneficiaries. If you are a beneficiary and want an accounting, you need to...
Archived
This was in my Grandmothers will, What does this mean as I'm the Son of Vicki Main who is now deceased before my Grans death?
Matthew's answer
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Answered on June 16, 2015
"Issue" are children (or other descendants) of a person.
I am not sure of your wording listed here - but it sounds like you would take in place...
Is a codicil made public with your will when it enters probate? Or is it private? What about a pour-over will?
Matthew's answer
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Answered on June 16, 2015
A codicil is an amendment to the Will. It may add something or modify an something in the original. Both the Will and the Codicil are probated -...
How do I know if I am a beneficiary of a trust?
Matthew's answer
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Answered on June 16, 2015
If there is a trust and you were a beneficiary, you would be notified by the trustee. Generally, the trustee would notify the beneficiary when it...
How much money do estate executors get paid? Is it a lump sum or set percentage?
Matthew's answer
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Answered on June 16, 2015
Generally, it is the time spent working on the estate. Some courts have a fee schedule. The fee schedule will give some guidance. If this is an...
Archived
Does the IRS considered borrowed money secured by a promissory note taxable income?
Matthew's answer
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Answered on June 16, 2015
Yes; the loan is reported. The interest on the loan is an expense.
You need to get a good accountant for your LLC.
Archived
Direct TV just took $176 from my bank account.
Matthew's answer
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Answered on June 16, 2015
Dispute the charge with the bank. The bank has a dispute resolution procedure. Contact the bank immediately and let the bank know what is going...
Archived
What action should I take to either get a justifiable quote for the amount charged or to get my money refunded?
Matthew's answer
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Answered on June 16, 2015
You can always sue in small claims court if you believe that you were overcharged for the service. Of course it will be your word against the...
Archived
I have a cleaning company that I started. 2 other people have their names only on the assumed business name but only my social s
Matthew's answer
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Answered on June 16, 2015
You need to make sure you business is set up properly to define owner(s) and ownership(%). Your business should not be using your personal SSN -...
Archived
Can I rent my primary residence to avoid Medicaid sell off in order to have medical pay nursing home cost?
Matthew's answer
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Answered on June 16, 2015
You need to speak with an attorney that does elder law and can help you determine the right course of action. Many variables affect Medicaid...
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