Woodland, CA
Trusts Lawyer at Woodland, CA
Practice Areas: Trusts, Estate Planning ... +2 more
If all the beneficiaries want to keep the property, why would you have to purchase it? Just deed it to yourselves in equal shares. Your basis would...
First, companies are required to issue a 1099 to anyone they paid $600 or more. Second, you are legally required to report all your income, even if...
If it's your primary residence, yes. If it's just something you use for vacations, no. Did you really make that much gain? Remember, it's the gain...
Your grandmother's house should be distributed according to the most current valid will. According to what you say, it should go jointly to your...
I'm kind of confused about your father's living situation. You say "he can be home alone for a week but then should be checked on" and then say "he...
You (as an individual) could rent the space to your S-Corp at market rate rental for that amount of space. That would be a business expense to the...
What that means is that the court wouldn't have to approve the sale. So if you thought she was taking the first (low) price and could have done...
As Mr. Shields said, they will need to file an Unlawful Detainer (eviction) proceeding. There are attorneys who specialize in this; they should...
You will pay tax on the gain. Because you have been depreciating it for years, your basis will be reduced by all that depreciation. So you may have...
No, there's no cash effect to a monetary settlement. That is, you don't owe taxes on it, and your ex-spouse can't deduct it. Often, the...