When a trust loses its grantor status mid-year, does it file a separate tax return for the full-year or the partial-year only?
Kirk's answer
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Answered on December 26, 2016
The question does not state exactly why the trust became a non-grantor trust. With that said, most frequent reasons when a grantor trust loses its...
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Do I need to send a closing of the estate letter to the beneficiaries?
Kirk's answer
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Answered on December 20, 2016
First to clarify, beneficiaries take under a trust. Devisees take under a will, and heirs take from an intestate probate estate. I will assume you...
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If your husband gambles and is majority of the debt
Kirk's answer
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Answered on December 19, 2016
Under the Internal Revenue Code, spouses are jointly and severally liable for income taxes on returns where both spouses sign. Also, Nevada is a...
Archived
What rights do a minority LLC member have to sell his/her shares when there is no operating agreement?
Kirk's answer
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Answered on December 01, 2016
Mr. D'Espisito answer is correct. To be very specific, NRS 86.326(2) address your answer in part regarding the admittance of a purchaser of an...
Archived
Can not filing a tax return cause me to not receive my Green Card
Kirk's answer
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Answered on December 01, 2016
Go find a CPA to help you become complaint with all your back tax return filings.
Is a living trust created in california valid in nevada. I used to live in california where the trust was created but now live.
Kirk's answer
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Answered on December 01, 2016
I agree with Mr. Zellinger's answer. Validly executed trust in California are generally valid in Nevada. I usually have one major problem with...
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Does an elder have Residential rights if they live in a relatives property. ????
Kirk's answer
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Answered on December 01, 2016
I agree with Mr. Neufeld's answer in part regarding month-to-month tenancy where no writing exists. Here are my additions, this is a...
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What are my options in seeking half from ex spouse for paid tax debt?
Kirk's answer
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Answered on November 21, 2016
One of the first things I would do is look to your marital separation agreement and/or divorce decree to see if there is any language addressing...
Archived
Can I
Kirk's answer
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Answered on November 21, 2016
The status of living a part has tax effect on how you may file. What may be a good thing for you to do is find a good CPA and pay for 1/2 hour...
My estranged father passed, now his other family wants me to sign away rights?
Kirk's answer
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Answered on November 21, 2016
Before signing a waiver, you should first know what rights you are waiving.
In Nevada you are considered an interested person at the beginning...