Is interest on an award of restitution for an unenforceable real estate contract an excludable gain?

In general, the tax consequences of a court judgment or settlement follow the character of the claim. In this case, it sounds like the purchaser...

Can i as a non custodial parent file my child on my taxes

I think you will have a problem with the residency test unless either the mother agrees to share the exmption with you or you get the decree...

How can two parents with 50/50 custody split the childs tax money legally?

Here is my prior answer on the mechanics of doing this viz a viz the IRS....

How can a family remove a person living in mother's home?

Is the power of attorney in effect? Or is it yet to be triggered (by, e.g., two doctors signing a certficate of incapacity)? If it is in effect,...

I join in Joe Stansell's recommendation you work with a HI attorney to make your choice of entity and jurisdiction. Since WA's B&O exempts rental...

My husband passed away and I need to remove his name from the title. How do I do that?

If you want to take out a reverse mortgage you will need to own the entire interest in your house. When your husband was alive it was probably...

Is a wife entitled to any of her husband estate he acquired, before they were married if there's a divorce or death?

CA, like my state of WA, is a community property (CP) state. Property the husband brought to the marriage starts out as his separate property,...

Is a marriage legal in the eyes of WA law without a marriage certificate?

Based upon a quick review of Chapter 26.04 RCW, it would appear that the determination of whether a valid marriage has taken place depends upon...

I have evidence that suggests that my wife's attorney commited an act of moral terpitude by exchaging legal assistance for sex

The Rules of Professional Conduct in WA state: "(j) A lawyer shall not: (1) have sexual relations with a current client of the lawyer...

Being Beneficiary on accounts

Generally it is a better idea to list the trust as the beneficiary. That way everyone's rights and responsibilities are clearly (hopefully) spelled...