If I share an account with another friend and the opposing side wants information regarding the bank account, are they able to?

It depends on how the account is titled. If you are actually listed as an owner of the account the opposing party will likely have a right to see...

Do I need a separate LLC as a real estate sales agent or can I include the income/expenses with my existing appraisal business?

Having two separate LLCs should be considered because doing so would isolate the risk of each business activity. With two LLCs, creditors of the...

I was summons 6 days ago I never been in this situation its for Hospital bills What should I do Im kinda scared

Brian gave a great answer. However, you should also be aware that if you do nothing and the court clerk enters a default judgment, or if you lose...

Is the Generation Skipping Transfer Tax exemption separate from the estate tax and lifetime gift tax exemptions?

If you have enough assets that you are worried about GST you need to get off Avvo and go see a professional.

If I am investing in Foreign Stocks through an LLC, what is my tax rate?

Depends on the foreign countries tax rate and any applicable exclusions or treaty. Generally a taxpayer is allowed to claim a foreign tax credit...

Family Limited Partnership: What takes precedence, percentages in the original operating agreement or capital account summaries?

I would ask the CPA for the partnership capital accounts. If income and loss have been allocated for tax purposes to partners of the partnership in...

I would create a separate LLC for the yogurt shop. Having a separate entity will not only keep things clear regarding the rights between you and...