Can my home/property be put in a trust for my son so my soon to be ex doesn't take it away from me?

If you put your husband's name on the deed then you gave him a portion of the property. He owns it and this asset will addressed during the...

What would the tax implications be of being gifted a home by a non-relative, and what is the best way to go about the transfer?

Your friend will have to file a gift tax return, and may have to pay gift tax if she has made prior gifts that used her $5.45 million exclusion....

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Need to understand tax implications of selling my property

There is an exclusion for owner-occupied homes, but it requires actual use as your home for 2 years. Given your dates this exclusion will not...

Can this be done? If so, how shall I make changes to the current living trust terms to fulfill my wish? Thanks. PDC

Most of this seems possible, except the "nobody will administer it" part. A trust needs a trustee and any interested party can get the court to...

Is my SS card issued with "Valid for work only with DHS authorization" usable to apply for marriage license with US fiance?

Unless South Carolina has a residence requirement for a marriage license, which seems unlikely, I don't see why not, or why you even need a social...

Can anything be done ?

Your boyfriend needs to see a probate attorney in person. Whether your boyfriend should receive anything depends on whether the house was his...

Can we place the property into a trust (myself and my 3 brothers) and finance the sale of the land by owners?

This is certainly possible to do with a trust. You could also do this with an LLC with a well drafted owner agreement. I would be careful with a...

Tax on Income living abroad

US Citizens pay taxes on their worldwide income so you may have some significant back-tax liability depending on how much you have earned over the...

Why wouldn't you want the shooting range be for profit? If you're investing assets into creating this and it could generate income it would make...

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Is it too late to complete a 1031 if I closed 40 days ago and received the proceeds of the sale?

Section 1031 is an extremely complicated area of the code and regulations. Even though deferred exchanges (where the new property is identified and...