Do you have to pay taxes on Pension plan trust pre retirement death benefits

If he rolls it over directly into another qualified plan, he will not have taxes. If he takes the money to spend, it is subject to income tax.

If born in mexico & have a baby in texas is the baby given citizenship?

The current state of the law of the United States is that if you are born here, you are citizen of the United States for all purposes. There is a...

You are going to need a lawyer to tackle this issue. It is probably quite a bit more complicated than you have explained. There may be provisions...

I have a revocable living trust and it states, "At any time during the joint lives of the Trustors, JOINTLY as to community

First it depends on whether you had any property actually transferred to the trust. Unfortunately, it often happens that people end up with...

I would like to change the name of my special needs trust without a lawyer. Can this be done? Can I get a document from a

A special needs trust that is separate from a will is an irrevocable trust that can NOT be changed without a court order. If the trust is in your...

I have unpaid-unfiled 941 taxes for 04,05,06 that I need to handle. I have delayed because I have no money to pay them or an

Just to set the record straight from the beginning, 941 taxes are NOT dischargeable in bankruptcy. It would be unusual for the government to...

In Texas who has the right to see assets of a revocabable trust after the death of both grantors? Just wondering as the trustee

Your question seems to suggest that you have actually seen the revocable trust. If the grantors created revocable trusts, they probably also...

In the State of Texas, does the executor of an estate required to also be a resident of this state.

No it will not prevent her from serving, but she will have to appoint a resident agent in Texas to receive formal notices and process for her if...

My father in law passed and now chase has closed his account. they own a house in georgia but if we stop paying can they sue?

To keep this to the point, if the house were in Texas, your mother in law would be entitled to a life estate in it and no one could take that from...

The Texas Probate Code has provisions that allow interested parties (such as yourself) to file an action to close the estate and compel...