Hello.... how do we accept a monetary gift for our Special Needs Trust without messing up our son's government benefits?

They should give the money to the trustee as trustee of your son's special needs trust. This gift would be reflected on the tax return for the...

Partner percentage requirements for exempt staus

In order to be a partner each person has to own a percentage of the business. The short answer to your question is that it depends. If the...

I agree with my colleagues. If your father intended for the money to be a gift, and the letter supports that characterization, you have no...

If i am executer of my Mothers living trust and my name and her name are on the property tax can my brothers evict a tenant?

It is hard to tell who would have the power to evict him from the house based on the facts you provided. Generally, the trustee of your mother's...

Business taxes for two young companies

There really isn't a legal reason to keep them separate. The money for each business belongs to you since the businesses are sole proprietorships....

How to surrender or dissolve a Delaware Corporation in California if the corporation is not qualified in California yet?

Technically, you may want to qualify the corp. in California before you file the certificate of surrender. The foundation for a certificate of...

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I recieved a " Request for Entry of Default" what does that mean?

It means that you didn't respond to a lawsuit filed against you in time. You must have been served with a complaint (for unlawful detainee if it...

Question on Post Judgment in Los Angeles Superior Court

If the judgment creditor knows the bank account number, it can apply to the court for a writ of execution and then levy the bank account. If the...

Do I have to pay taxes on foreign dividends which I do not collect?

If you are just a proxy there shouldn't be any tax implications for you. If dividends are paid to you then you may have to include them on your...

I would get an attorney to represent you in this. I think you have a credible case to make that you are a bona fide purchaser for value. I'm not...