Archived
I am the Trustee of a Estate and need a CPA to assis with 2011 taxes, in the Los Angeles, West LA Area.
Michael's answer
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Answered on December 18, 2012
I would call the attorney that drafted the trust for a referral. Trusts can vary in their complexity, so the drafting attorney would be in a good...
Our small independent church is closing and has IRS and business questions.
Michael's answer
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Answered on December 18, 2012
I agree with Attorney Burbank. Your church's Articles of Incorporation should tell you where the remaining assets should go once the debts are...
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Archived
What can i do if some people founded chapter organization without permission from central committee against permitted one ?
Michael's answer
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Answered on December 16, 2012
I am not sure what you mean by "chapter committee". Is there an actual entity? Or is it a simple informal association of people? Without more to...
Archived
Changing case from Fraud to Breach of Contract?
Michael's answer
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Answered on December 16, 2012
Fraud requires an intent to commit fraud, and that can be hard to prove. This could be breach of contract, but this is harder to prove based on an...
Archived
How long can a trust be kept going after the second spouse dies?
Michael's answer
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Answered on December 16, 2012
California has statutorily prohibited indefinite trusts. California Probate Code Sections 221200-21231 basically provide that a trust has to...
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Archived
Can someone call the the police on me after saying an item I sold her on craigslist does not work?
Michael's answer
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Answered on December 16, 2012
I agree with the other attorneys. If she were to call the police they would tell her this is a civil matter and to go along her merry way. Her...
Archived
Can we keep property under prop 13?
Michael's answer
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Answered on December 16, 2012
There isn't a limit in how maby times a property can be transferred and still qualify for either the parent-child or grandparent-grandchild...
Archived
How do Attorneys usually deal with travel time?
Michael's answer
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Answered on December 13, 2012
I agree with Mr Doland. There are no set rules, so it is up to you to discuss travel time with your attorney. You do have the right to ask to be...
Archived
Can a board of director member withhold negative information about a product in a board meeting?
Michael's answer
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Answered on December 12, 2012
Without more information, there could be a beach of the various fiduciary duties that a director owes to the company and the shareholders. If this...
Archived
Franchise Tax Board is asking for our exempt letter of determination for our 501c3. We don't know if we have one?
Michael's answer
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Answered on December 12, 2012
The answer depends somewhat on when the company was formed and would have been granted exempt status. IRS Exempt Organizations could tell if the...
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