Yes, it is possible. He will not have to sell it to himself. After your debts are paid, he can distribute it to himself. If you have any family...

I failed to include earnings for 2011 when i retired mid year. I was not familiar with a tax on consulting earnings for 2011.

You generally can only take deductions for expenses you can prove. You need to assemble your proof of payment: cancelled checks, credit card...

I operated a Handyman Service for roughly 1 year. I did some work for 2 women and advised them that how they wanted it done was

The surety bond pays for you and then collects from you. It is still your obligation. The surety is there to make sure the customer gets paid. ...

What does it mean if a still-operating nonprofit allows its incorporation to lapse?

You should run and not walk to the Oregon Secretary of State's office and get your NFP corp reinstated immediately. You are not now a corporation....

Can a Mortgage lender still request payment if they send a letter stating that the account is paid/account closed/zero balance?

The key fact is whether the debt was actually paid off. If it was, then the lender cannot collect again. If not, it can collect what is owed to...

Our old lease will expire on Nov 15, 2013. We renewed from Dec 1,2013 to May 31, 2014 on Sep 30, 2013. Can we cancel the renew?

No, you cannot back on what you agreed. I am assuming you made the renewal agreement in writing and that the written agreement is competently...

If code requirements for a Coffee shop were known but not made known to the buyer who is responsible?

when you say that you bought the coffee shop, did you buy it from the prior owner? Or did you just take over the space from the landlord? If you...

Is a loan being paid to my dad income according to an Income Cap Trust?

The usual purpose of the Income Cap Trust is to qualify the beneficiary for a government benefit like Medicaid. If the beneficiary is owed money...

I found some stock certificates of my deceased grandmothers. Her estate closed 5 years ago.

I suggest you contact the transfer agent for the companies and find out what it will need to transfer the shares. If the value is not great and...

Can a successor co-trustee change the details of a trust without notification to the other trustee?

I agree with my colleagues that this is extremely unlikely. It would only be possible if the power was written into the Trust Agreement. If is...