If property is willed to a person who has tax liens, will the new inheritance now to subject to the existing liens?
Yes, the inherited property is subject to the tax liens.
Park Ridge, IL
Elder law Lawyer at Park Ridge, IL
Practice Areas: Elder Law, Tax ... +2 more
Yes, the inherited property is subject to the tax liens.
Assuming the money is a gift from your sister, none of money would be subject to income tax.
There are two places on return you could report the income: 1) On the line shown for wages. If you use this line you will need to file a paper...
In many instances, it is the litigant's responsibility to draft the court order for the judge's approval. Even if the judge wrote the order,...
Is your purchase contract contingent upon getting a loan? If yes, and the property does not appraise you may be able to negotiate to get the...
You have a very complicated factual situation. You did not identify the what country the trustee is located. Oral trusts are legal in some...
The amounts that you are collecting for the benefit of this student are not tax deductible for US purposes. You may want to set up a bank account...
The husband has no valid complaint. Instead of staying and assisting with his wife's care, he abandoned her. Your aunt desperately needed...
A POA agent does not have the authority to change the will.
Yes, your step father can evict you. Your stepfather must obtain a court order to have you removed involuntarily. You should consult with a...