Are IRS form 3520 and gift tax return required for this specific situation?
Your proposed transaction sounds very problematic, and may subject your parents and friends in China (and likely your stateside friend) to serious...
Seattle, WA
Estate planning Lawyer at Seattle, WA
Practice Areas: Estate Planning, Wills & Living Wills ... +4 more
Your proposed transaction sounds very problematic, and may subject your parents and friends in China (and likely your stateside friend) to serious...
Spousal support is considered ordinary income, so you do need to plan ahead to pay taxes on it. I suggest you seek a less expensive home and apply...
If your employer is paying you wages and also paying for other benefits, those benefits are also counted as income to you and you owe taxes on them...
Under the tax code, you must report and pay income tax on all income, even small amounts. Even if the payor is not required to report the payment...
I'm sorry for your loss. If a probate is opened for your grandmother's estate and you are named as a beneficiary of her will, you should receive...
The answer depends on what the trust document says. You should get an attorney to review it and explain what rights you have to spend the trust...
I recommend you get an attorney of your own and try to settle the whole matter without going to court. There may be several ways to approach this,...
If your mother is able to communicate with her care facility staff, she can add you to her call list and even request they send a copy of their...
The short answer is yes, an attorney can withdraw from any representation subject to the state's attorney ethics rules. An attorney who cannot...
Most likely the auction price was applied to satisfy the liens, which would mean they would be paid off in order of priority. If the money was not...