Are revocable trust distributions taxable to beneficiaries?

That questions cannot be answered without understanding what the trust is made up of, when it was created, and what assets were used to create it. ...

Can i use a warranty deed,If tenants in common?49%51 % owners.

I would recimmend using a closing agent and place his funds in escrow. Make sure your title is recorded before he gets his funds.

My husband left me and 2 kids and now wants to file them for taxes. Is that something he could get without me having the right ?

The IRS states that the children are to be claimed by the parent that has primary custody of the children. A non-custodial parent may claim them...

New servicer is messing up for my loan modification. Should I go to court right away?

When you get this close to foreclosure, your options become limited. You can restrain a sale under the Deed of Trust act and that is one option. ...

Washington State Estate tax is dependent on the size of the estate. The state threshold is $2,193,000. each spouse would have that amount. It is...

Combined employment Social Security tax

Under the 1099 income, you get a deduction for the employer side of the amount paid as a schedule c deduction. W-2 employment income credits your...

Court had ordered the sell of my house? What I could do to prevent it? Court had violated own court rules in every order.Fraud

If this matter is in front of a judge, then you really would be benefited by speaking with an attorney and finding representation. If the judge...

The condo is definitely separate property, but if you are funding the new home with your employment income, which is a community asset, then you...

This is an immigration question and I am transferring to that section.

Foreclosure sale date 30 days out. Does the servicer has to postpone the sales date ?

The short answer is no. The lender has discretion in this matter. If it is your first modificaiton packet, then they may opt to discuss...