I agree with attorney Fromm. It could go either way. This entirely depends on the structure of the trust. Have a tax or estate planning attorney...

Taxes and Chapter 7 Bankruptcy

More facts are necessary to answer this question. Fiduciary taxes (payroll taxes) are not discharged in a bankruptcy. Income taxes may be...

How do I find a lawyer for back taxes and how do I decide between BK or debt resolution. Debts are basically medical

I am a lawyer and a CPA located in Costa Mesa, CA. It sounds like you need a complete analysis of your current situation to create the various...

No estate yet IRS back taxes owed

I agree with attorney Fromm. The probate estate is all that the IRS can go after, so long as no fraudulent conveyances occurred. It is worth your...

Regarding taxes of estate account

If the estate earns in excess of $600 in 2010 it will be required to file a Form 1041. If the income is less than $600, no return is...

My friend had a will filed (CA) we have since found a notarized new will that has not been filed which is the one to use?

I agree with attorney Brewer. However, if the new will is signed by two witnesses and notarized, the notarization is just extra and this will...

We own our house as joint tenants. We have each created living trusts. Do we need to transfer the property into the trusts?

Unless the property is owned by the trust it will not be controlled by the trust unless you have a pour over will that will put the property into...

When a person receives money from a will, and they get it by check, who should the check be from?

I agree with the other attorneys. Something does not seem right here. You should have received notice of the activities of this estate as it...

Grandmother vs mother

This all depends on how, what, and why grandmother was awarded the guardianship. It also depends on the circumstances and fitness to be a parent...

I have a Last Will that was drawn up and witnessed in New York, do I need to draw a new will now that I live in California?

The will is legal in California under the full faith and credit clause of the U.S. Constitution. However, Ca has different issues than NY with...