Common Oversight OR Huge Professional Blunder? Probate Estate Home Sale

The executor is responsible for administering the estate. There should have been an accounting for the income and expenses of the estate and tax...

Separate trusts need to be established and they will not be subject to the separate share rule where one trust is set up with different...

When the United States was founded, the maximum copyright term was 28 years. "Super Mario Brothers" was registered with the copyright office in...

Is it legal to pay off a credit card in my name, from a joint bank account that is still open with my ex-husband?

First, read the divorce decree to see what was the time frame to pay off the credit card. Did you violate it? Last, ask your husband to cite you...

If you get a refund on foreign taxes, how do you show it your US taxes?

It depends on how big the refund is. If the refund is large file an amended return,

Is it mandatory to have two witnesses when having a power of attorney signed?

A power of attorney is legally sufficient if all of the following requirements are satisfied: (a) The power of attorney contains the date of...

A Holographic amendment to your trust is one where the amendment is entirely in your handwriting, sign and date the amendment on Schedule A . For...

Are there any tax implications for the heirs from a foreclosure on a reverse mortgage after the death of the borrower?

If you do nothing the bank will foreclose on the property and that may take some time. I would contact a probate attorney to see if it makes sense...

Must there be a contract for a person to sue another person for NIED?

"NO". But the cases are extremely hard to prove. NIED is not an independent tort but just "negligence" so negligence has to be proven not...

Can a Lien be but on my house on EX's tax liability?

A lien can be placed on the house if he has a community interest in the property. but not if it is your separate property. It also depends on...