What are the tax ramifications of owning a property in joint tenancy with regard to the step basis.

I agree with attorney Brewer. Joint Tenancy is not the best way to hold title to property for taxes purposes. As attorney Brewer points out, you...

Immigration and taxes

I think you are confusing what is withheld from your paycheck with how you file your tax return. It sounds like you filed 2007 and 2008 correctly...

May I claim anyone one of the three children on my income taxes if they live with their mother?

As the non-custodial parent paying for the support of your child, it is possible to claim some or all of your children as dependents on your tax...

Deductibility Mortgage interest and property taxes.

I agree with attorney Goodson. This is a serious issue and points to bigger problems, like the entire trust may not be administered properly. ...

Yes, you are required to file the will in the CA county in which she died. Since the estate is under $100,000, a probate will not be required and...

What percentage fees can I chanrge the estate of my late Uncle?

The trust should have a provision for trustee fees. Also, ask the lawyers what is customary and reasonable in your area. You can start with the...

My son was in a car accident and his money was placed in a trust fund till he is 18 can he get any of the money before

It sounds like the money was placed in a blocked account. You will need to go to court to have a judge release any money. The Court will only...

How long is probate in your state and does a domestic partner have any rights to my sons estate since their was no will?

I agree with attorney Burbank, the only question that I have is whether the partner is a registered domestic partner. Without registration, he...

How to terminate a trust when a co-trustee decline to participate.

With a trust that still has that much in assets, you will need to petition the court to terminate it, or reform it. All of the beneficiaries will...

In the case of her death, my sister would like for me to have guardianship of her children, is this possible?

Your sister can name you as guardian. It would be a good idea for an attorney to draft this into her will. The ex-husband could always challenge,...