Archived
Can the trustee of my parents trust not give me my half and simply give me money as its needed in order to hide it from medical?
Thomas's answer
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Answered on February 02, 2020
The trust agreement needs to be reviewed to answer your concern.
The trust could provide that the trust keep money if the distribution would...
Archived
Can a trustee of a will have the legal right to change the conditions on how a beneficiary receiver is paid out from a will
Thomas's answer
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Answered on February 02, 2020
It is impossible to answer your question without reviewing the actual will.
Archived
Is there a time limit on how long a disinherited beneficiary has to contest bedside beneficiary changes to an IRA?
Thomas's answer
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Answered on February 02, 2020
The disinherited child should immediately decide if they want to contest the matter. If they do, an attorney should be retained ASAP to review the...
Archived
My Real Dad died in 1979. My real Mom purchased a 4 plot cemetary plot. My Mom Died in 2016. Whom legally inherited 2 plots.
Thomas's answer
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Answered on February 02, 2020
It is impossible to answer your question on line. Your family specific facts and the cemetary paperwork needs to be reviewed to answer the question.
Archived
Can I use my IRA to buy stock in a company I will control?
Thomas's answer
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Answered on February 02, 2020
IRA investments in business entities where the entity is controlled by the taxpayer are subject to strict rules.
I strongly recommend that you...
Archived
Can I deduct a payment made to pay of old business debt?
Thomas's answer
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Answered on February 02, 2020
If the business was reported on Form 1040, schedule C, the expenses are deducibile on Schedule C.
If this business was incororporated, the...
Can I file for taxes without my Ex-Husband's W2?
Thomas's answer
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Answered on February 02, 2020
You live in Texas, a community property state.
The community property tax rules are not simple.
See...
Archived
Are we required to report my wife's foreign income if the income was earned before she moved to the US?
Thomas's answer
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Answered on February 02, 2020
You need to include all income received during 2019. You can take a credit on form 1116 to for the income tax paid Russia.
Archived
Can I force a sale of my house if my ex is off the mortgage, refuses to move out, but is still on the deed.
Thomas's answer
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Answered on January 22, 2020
If she is an owner, you are not able to evict her.
The title of the home should have been resolved via a property settlement during the divorce...
Archived
Can you evict someone living in a home after caring for their deceased mother and paying the taxes and water bills for 5 years
Thomas's answer
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Answered on January 22, 2020
Yes, if she is the sole owner of the property, she can evict you. I recommend that you have a track search performed concerning the property and...
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