Archived
Is there a general rule of thumb to follow for knowing what qualifies as a business expense that is deductible?
John's answer
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Answered on June 24, 2012
As mentioned above, business expenses that are "ordinary and necessary" are generally deductible. A good discussion of this standard is available...
Archived
If someone dies shortly after buying a new house can a family member keep the house, even if they have been through foreclosure?
John's answer
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Answered on June 24, 2012
Under the Garn-St. Germain Federal Depositary Institutions Act, when you inherit a home subject to a mortgage from a family member, the typical...
Archived
My daughter has been at my moms home for 3 yrs she had been asked to leave but hasnt. now mom has died ,
John's answer
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Answered on June 24, 2012
I agree with Jay - your daughter may only be evicted by the personal representative of your mother's estate. If a probate proceeding has not yet...
Archived
My mother recently died with very few assets. Do I need a lawyer to do a "small estates" proceeding?
John's answer
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Answered on June 24, 2012
It depends on what assets your mother owned and how she owned them. If she owned any assets in her name alone (not jointly with survivorship...
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