Does a cash contribution (gift) into an irrevocable trust incur a federal gift tax on the giver(s)? (NJ)

The "Gift Tax" is really a living use up of your unified credit. Your unified credit today is worth about 5.5 million dollars when you die. If...

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Why would anyone not want their insurance premiums deducted pre-tax?

If the insurance is group insurance, then the benefit is that you are paying for the coverage with pretax dollars. If it is not group insurance,...

Can expenses of settling the estate increase the cost basis of inherited property?

Depending on whether or not any estate or inheritance tax returns were filed showing some value, you generally get a step up in basis for inherited...

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My sister said she revoked her poa from my aunt she said she did not have to sign anything is that true? Or is she still poa?

I'm not sure that I understand the facts completely, but to revoke a power of attorney, the person who originally granted it, must sign a document...

I'm a general surgeon from Mexico who lives in the border. Can I write medical prescriptions to be used in the US?

Unless you have a license to practice medicine in the US, your prescriptions would not be legally fillable at US Pharmacies.

If you write your own will and have it notarized is this considered a legal document?

Your main question seems to revolve around writing your own will. Don't do it. Have a professional do it. I'm not sure I understand the rest of...

You need to take the document to a local attorney to determine whether you were granted the power to act when the document was signed or whether it...

I have to agree with the prior answer. You are just inviting someone to challenge the power down the road.

What is an estate, of money received after the person is deceased?

If the money is payable to your grandmother who is deceased, it belongs to her estate, which must be created by court action in order to deal with...

Do my sibling n I own half the house after my mother's passing without a will?

Hopefully a LA lawyer will pop in here and explain the laws of intestacy over there. If you don't get an answer here, most probate lawyers will...