Archived
What kind of elderly benefits (i.e. financial, medical) or can someone who've retired recently before the minimum medicare age?
Michael's answer
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Answered on March 29, 2013
The person can withdraw from their Retirement Account - i.e. their IRA / 401(k). In addition if they are 62 they can apply for early Social...
Archived
Can a professional guardian submitted false reports to the courts?
Michael's answer
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Answered on March 29, 2013
Both of my colleagues are correct. If you suspect abuse, definitely report it, and then also consult an Elder Law attorney to take further legal...
Archived
I am filing lawsuit against large corporation in Pennsylvania. I live in Georgia. Can I file in my state?
Michael's answer
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Answered on March 29, 2013
Look on Avvo.Com under Find-A-Lawyer using 'Litigation' and ' Georgia' and you'll see a good choice of Litigation Attorneys to choose from. I'd...
Who gets the rental income on a life use estate, and who declares the income and deductions and depreciation on tax returns?
Michael's answer
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Answered on March 29, 2013
The life tenant is entitled to the rental income. You may want to speak with a Real Estate attorney in your area. Look on Avvo.com under...
Archived
Does a new retail business owner assume responsibility for partially completed transactions?
Michael's answer
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Answered on March 29, 2013
Normally, when a business changes hands, the Buyer assumes the responsibility for any unpaid Liabilities of the Seller. Depending on whether this...
Archived
Can I sue my mother of misusing my sons trust funds?
Michael's answer
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Answered on March 29, 2013
Hi Laura -- My colleague is correct. If the statute of limitations has not yet run, you'll probably have to sue your own mother. How sad. I'm...
Archived
Can I lose the truck if i get pulled over?
Michael's answer
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Answered on March 29, 2013
The sellers parents would be committing a crime - called 'Filing a False Police Report'. You can have the seller sign the necessary document in...
Convert SMLLC elected as S corp back to disregarded entity status?
Michael's answer
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Answered on March 29, 2013
Certainly you can do it - but WHY ??? The advantage of the 'S' election is such that it outweighs being a Sole Proprietor. Good Luck!
Archived
What do I have to be aware of when acting as a 1099 employee for an out of state firm (NH)?
Michael's answer
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Answered on March 29, 2013
It's time for you to sit down with a Business Law attorney in Connecticut. You need a contract drafted that covers all concerns that either sign...
How do I write a receipt for a cash gift given?
Michael's answer
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Answered on March 29, 2013
Simple. The person receiving the Gift signs a receipt that basically says: "Received from X such-and-such amount on such and such date. Signed,...
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