Limitations for executor of estate

First, you need to meet with a competent, local estate planning attorney. If you do not know one you should get a referral from a friend,...

Estate Planning

The best thing you can do to protect yourselves is: (i) help your aunt prepare a detailed personal financial statement, including a...

Estate plannikng

First, did your brothyer-in-law have a Will? Or did he have a Living Trust? If so, then those documents may govern and may provide who inherits...

About a will

The answer is "yes." The Will can only nominate someone to serve as executor. The person who has been nominated must "accept." If that person...

Wills.

First, your mother needs a durable power of attorney for asset management to avoid the need for a conservatorship in case she becomes unable to...

Copy of Trust

If you are a beneficiary, the answer is "yes." Some of the relevant provisions of California law are reprinted below. If you know the successor...

First, the gift tax is paid by the donor, not by the donee. So if you give money to your son and his children, any liability for gift tax is...

I am a single member LLC that has not filed personal income taxes for over 4 year what are possible consequences with IRS

First, you are not a single member LLC. You are an individual and, as such, are responsible for filing a 1040. You may be the single member of an...

The answer to your question is that your rights as a beneficiary include the right to receive an accounting. However, you probably do not have the...

Life Estate vs. Co-Executors

First, you need to find a lawyer in Ocean City, New Jersey, who is competent in estate planning. Ask a friend, neighbor or the person who prepares...