The Franchise Tax Board (FTB) has the discretion to waive failure to file or failure to pay penalties for good cause. This can be done in a letter...

How to remove brother as trustee/POA due to theft of mothers money?

You do not need to wait for the investigation to conclude. You can file a petition to have him removed as trustee because he is breaching his duty...

Beneficiaries have helped themselves to jewelry when my Mom died. What can we do as trustees? They are lying.

As the trustee, you have a duty to marshal the assets of the trust. If someone stole or wrongfully took assets rightfully belonging to the trust...

Is the whole family responsible for care for an elderly parent?

I am sorry to hear about your father's situation. Neither you nor your siblings have an obligation to pay for your father's care from when his...

Do we have to pay a capital gains tax?

If you live in the home for less than 2 of the last 5 years, then you will not be able to use the capital gain exclusion of $250,000 (or $500,000...

I owe CA tax board 30,000.00 since 2010. My bank keep on charging 125.00 every month for legal fee and garnishing all my bal.

I assume you mean the California Franchise Tax Board (FTB) keeps levying your bank account and each time the bank receives a levy notice, they...

Divorce. Taxes. Married Filing Separately is Community Debt?

Federal tax laws generally respect state laws when determining whether income or a debt is separate or community property. A community is liable...

If you live in California and have not opted out of the community property laws through a prenuptial agreement, the Franchise Tax Board can pursue...

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Can I be removed as trustee from my grandmother's living trust without my consent?

Assuming your grandmother has capacity, she can amend the trust at any time, absent fraud, undue influence, elder abuse. If you believe your...

Do I consent or object?

I would recommend hiring an attorney to review the notice of proposed action. It appears the administrator/executor/trustee believes they may have...