When balancing final accounting for Irrevocable Trust, does Capital Gain on Schedule D get added to RECEIPTS Schedule A?

I would recommend that you prepare your accounting so the Summary of Account is as follows: Summary...

I inherited my moms house . do ihave to have it appraised to put it into my name?

No. You are not required to have it appraised to put it into your name. In the event that you sell the property, you will need to determine the...

The trustee of your revocable living trust will be required to send notices to the beneficiaries and heirs upon your death and an heir will have a...

I found out that my ex husband claimed one of our children in his income tax return. I found out by receiving a letter from IRS.

As a general rule, the parent with whom the child lived the greater number of nights during the year is considered the custodial parent and must...

I agree with the answers of attorneys Mataele and Gold that you should review the trust with an attorney immediately. At a minimum, the trust must...

Is my inheritance in danger? The prop. tax bill shows the real property from dads irrevocable trust is in my step-mother's name.

Your step-mother's name on the tax bill doesn't make her the owner of the property. Nor does it necessarily mean the property has been transferred...

Inheritance

There is no California inheritance tax. This appears to be a duplicate question and you may want to review my answer to the other question. For...

Inheritance tax

California has no state inheritance tax. There is a federal estate tax. However, most estates do not have to pay any estate tax because of the...

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I am an indigent disabled dependent and a trust beneficiary of my father's trust, and have had my entire share approx. $500,000

You may want to try Avvo's Find a Lawyer above or contact the referral programs of the Orange County Bar Association or the California State Bar. ...

Can a non relative be added to a trust

A trust usually designates a successor trustee to take over management of the trust should the original trustee be unable to administer the trust...