Can I open a checking account in my name only if my husband has a levy against him in Ca.?

You can always open an account in your sole name. The question is whether this is a joint tax debt and the IRS can place a levy on the new...

I agree with attorney Fromm. However, usually personal property is sold at a loss and there will be no tax on the loss. Any individual seeking...

Are I responsible for taxes for a short sale?

On a short sale you have income from debt relief equal to the difference between the outstanding loan balance and what was actually paid back to...

How much time do I have to pay old individual taxes in the US (they are from 2006)

There is a 10 collection statute in which the IRS must collect taxes due within 10 years of the filing of a return. However, you did not file the...

What kind of lawyer do I get, business, tax or realestate for what I think is a loan defult on a business I sold in 2004?

I agree with attorney Wahab. The lien appears to be in violation of the covenants of the loan and you should have recourse pursuant to the...

Inheritance tax rate and filing?

Inheritance tax should have been paid by the estate, and not you. Check with the attorney for the estate to make sure all of the taxes were...

I want to add my sister to a piece of real estate I own.

You need to go to a local attorney, explain the situation, and have them prepare a deed. This may cause the property to be reassessed, so ask the...

The act of you becoming a co-trustee has no tax implications. The act of your mother becoming incompetent and you becoming the sole trustee should...

Is it possible for one sibling to cancel, change, or "take over" an irrevocable nongrantor trust w/o consent of the others?

I agree with the other attorneys. Unless the trustees are not doing their jobs, are self-dealing, or breaching some other duty, I don't see what...

How much time is given for the executris to sign the final paers after the will has cleared ?

I agree with attorney Ford. The average time for a probate in California is about 18 months. I am sure the attorney for the estate wants to get...