Archived
I invested a company as general partner.
If the company has lots of debts.
Do I have liability issue on debts?
Richard's answer
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Answered on July 12, 2015
General partners have unlimited liability for the debts and other liabilities of the partnership. In other words, you, and each of your co-general...
Archived
Can I gift a $370,000. house to my son and his wife as part of my lifetime $1,000.000. exemption?
Richard's answer
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Answered on July 12, 2015
The county tax assessor has an exclusion from reassessment for real estate transferred between parent and child up to a total $1M fair market...
Archived
Is a guest house permitted on this property
Richard's answer
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Answered on July 12, 2015
You'll have to check the permits for the property to see if that unit is permitted. The listing agent should be able to answer that question for...
Archived
Does one need to name his business in a civil action as a plaintiff in addition to himself if the business is only a DBA?
Richard's answer
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Answered on July 11, 2015
I agree with Mr. Parikh as to how to title the plaintiff. I also agree with Mr. Allen that you've got a lot to learn to litigate a case if you...
Archived
Are there any attorneys on this site that can give me the address to the Offer In Compromise department of the IRS?
Richard's answer
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Answered on July 11, 2015
I think it is:
Brookhaven Internal Revenue Service COIC Unit
P.O. Box 9008
Holtsville, NY 11742-9008
This is for Form 656-L. Make sure that...
Archived
My lawyer never followed through to have my sister (the trustee of my mothers trust) Do what she said she would do in court
Richard's answer
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Answered on July 11, 2015
If you already have a lawyer, then you should ask him/her. You have complex facts that only lend themselves to more questions and you're not going...
Archived
Are direct decendants (son and daughter) of a deceased person entitled to a copy of his Trust.?
Richard's answer
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Answered on July 11, 2015
While the trust is revocable, you are not entitled to a copy of it. Even if you are named as a beneficiary in it (you're only a prospective heir...
Archived
Property that was left in a trust now in escrow
Richard's answer
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Answered on July 11, 2015
I don't understand something, you said that you received a copy of the trust, but you asked how come you did not get a copy of that trust? If the...
Archived
Do I have to uphold a promise I don't remember making?
Richard's answer
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Answered on July 11, 2015
A promise to make a gift is not enforceable. Besides, you were probably at a bar at 1:00 am when you said such a thing, so she couldn't have taken...
Archived
If your home is foreclosed, is the home equity loan tied to the property still due?
Richard's answer
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Answered on July 11, 2015
It depends on more facts that you haven't provided. Email or call a real estate attorney for a full consultation.
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