After student loan debt and after the IBR I will owe taxes on the remainder. How does that work?
Aren't you looking a gift horse in the mouth? No matter what the tax rate, you will be money ahead and probably a large amount of money ahead not...
Portland, OR
Estate planning Lawyer at Portland, OR
Practice Areas: Estate Planning, Business ... +3 more
Aren't you looking a gift horse in the mouth? No matter what the tax rate, you will be money ahead and probably a large amount of money ahead not...
You are playing a dangerous game with a powerful adversary. The chances of you getting through this safely are not good. If you are not prepared...
It is not that hard to change principal residences. If they can, they can move their principal residence to the house they prefer to sell, borrow...
Before you lawyer up, the first step is to talk with your mother in law and see for yourself her current mental condition and purpose in making the...
Yes to all of your questions. You report the sale as a sale of an asset; but, with no gain on the sale. Be careful that the sales price is fair...
I do not understand your question. Who would create the QTIP trust now? A QTIP is used to give property to a spouse and qualify for a marital...
It is hard to say. His property could have been in a trust or joint tenancies. If so, the new owner takes possession immediately. If not, then a...
You can use a bargain and sale Deed to transfer ownership to yourself and your child so that your child becomes the owner upon your death. There...
Are you sure you are his Guardian? That would mean you were appointed by a court while he was alive. It would also mean that you were responsible...
You may be right. Be very careful about participating in any way in a possible fraudulent sale to the home buyer. Your customer should have...