Can my husband sign the tax for me without me approve of that?
I agree with the other answers that your first step should be talking to your divorce attorney. They may or may not handle tax matters, and even if...
Houston, TX
Estate planning Lawyer at Houston, TX
Practice Areas: Estate Planning, Tax ... +2 more
I agree with the other answers that your first step should be talking to your divorce attorney. They may or may not handle tax matters, and even if...
Is there any current child support order or custody order? If so the parties should follow that including what it says about claiming the child on...
Without knowing the exact terms of the trust it's impossible to tell what tax consequences are. You should consult with a CPA or Tax Attorney to...
Possibly. It depends on who you name as beneficiary of the life insurance policy. If you name your estate, the death benefit will be used for your...
Do you have any written agreement with the friend controlling the loan? Payment arrangements, how long and how much she has to pay back? If not it...
I'm sorry for your loss. I agree with Mr. Hansen. Your tax basis in the property is now the value the property had on the date your last parent...
There may not be a need for an ILIT, they are used to avoid estate tax liability. If the insured does not have a taxable estate it might not be...
You can sign and pay if you want, but there will be interest. I'm not sure about penalties, depends on your situation. Is there any chance there...
When property is transferred by gift while the donor is alive the recipient takes their tax basis in the property. So, when your mother gave the...
The other answers are spot on regarding the tax issues, generally LLCs are pass-through and the owners pay taxes and there are likely some...