Questions answered by Luke William Welmerink

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My child's trustee isn't depositing rent checks that should be in my daughter's account. what crime has she committed?

Luke's answer | Answered on November 10, 2015

All Trustees are bound by certain fiduciary duties to the beneficiaries of the trust. These include the duty of loyalty (to act solely in the...

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I loaned money to a ex-friend, now I'm having problems collecting the loan, how can I get my money back?

Luke's answer | Answered on October 07, 2015

Your legal remedy would be to file a civil suit for a breach of contract. A contract does not need to be written to be enforceable, however you...

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How much do I have to pay for the tax?

Luke's answer | Answered on October 02, 2015

There are a few things to think about when looking at your taxes. Most relevant for you, your employer should be withholding taxes from your...

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Do I need to register or pay taxes for teaching dance lessons to kids in a very small setting (at home)?

Luke's answer | Answered on September 28, 2015

Whether you need to register as a business depends on your state and local law. I am not licensed in New Jersey so cannot advise as to what the...

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I am in Oklahoma. My parents died 3 days apart, July 30, 2015, August 2, 2015. Both had revocable trusts.

Luke's answer | Answered on September 28, 2015

If you are a beneficiary under the Trust, you should be able to obtain a copy of the Trust from the Trustee or the attorney who drafted the Trust. ...

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What steps do you need to take to file for a Single Member LLC in California?

Luke's answer | Answered on September 28, 2015

My colleagues are correct, but to expand on the formation of an LLC, here is some additional information. Generally, you must first check the...

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What does it mean when I read that the LLC has had its status with the Franchise Tax Board surrender or forfeited?

Luke's answer | Answered on September 28, 2015

I agree with my colleagues. When an LLC's status is "surrendered" or "forfeited," it generally means the entity has not filed a required annual...

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Judgment to pay and LLC

Luke's answer | Answered on September 23, 2015

In Nevada, the general rule is that the money or property of a Nevada LLC cannot be taken by creditors to pay off the personal debts or liabilities...

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I am listed as beneficiary to a living will left to me from my grandfather dist at 30yrs now im 26 can it be distrib. early

Luke's answer | Answered on September 23, 2015

The best thing you can do in this case is to obtain a copy of the Trust - as a beneficiary, you should be able to obtain a copy by simply asking...

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For an inter vivos trust to be valid in Calif, must an attorney review the trust and in what $ amount must be funded, and how?

Luke's answer | Answered on August 28, 2015

A trust can be funded one of two ways: during your life, you can re-title assets in the name of your trust; or you can leave the assets outside of...

Luke William Welmerink's Answers (63)

My child's trustee isn't depositing rent checks that should be in my daughter's account. what crime has she committed?

I loaned money to a ex-friend, now I'm having problems collecting the loan, how can I get my money back?

How much do I have to pay for the tax?

Do I need to register or pay taxes for teaching dance lessons to kids in a very small setting (at home)?

I am in Oklahoma. My parents died 3 days apart, July 30, 2015, August 2, 2015. Both had revocable trusts.

What steps do you need to take to file for a Single Member LLC in California?

What does it mean when I read that the LLC has had its status with the Franchise Tax Board surrender or forfeited?

Judgment to pay and LLC

I am listed as beneficiary to a living will left to me from my grandfather dist at 30yrs now im 26 can it be distrib. early

For an inter vivos trust to be valid in Calif, must an attorney review the trust and in what $ amount must be funded, and how?