IRS just levied my accounts for payments to them that my X was ordered to pay. What should I do?

Your situation sounds complicated and it is difficult to provide an answer without more information. It sounds as though you and your ex-spouse are...

Should i create a private annuity? Trust?

It sounds as though you are thinking about Medicaid planning. Washington State has a five-year look back period with a penalty for persons who sell...

When executor of mothers estate is granted non-intervention powers per will how can other beneficiaries protect their interests

A trustee is required by law to keep all qualified beneficiaries of a trust reasonably informed about the administration of the trust and the...

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Can the state of California garnish my bank account for unpaid state taxes owed to California when my only income is ssdi?

No. Although Social Security Disability Insurance can be garnished by the federal government to pay federal taxes, it generally cannot be garnished...

In a community property state, can i will my portion of community property to my daughter.

You can absolutely will your half of your community property to your daughter. You and your wife each own an undivided one-half interest in the...

It depends on the language of the trust and the type of trust your father had. Generally, a trustee is required to keep beneficiaries informed...

What do we do in this situation. We had our will drawn up 18 years ago. We have copies, where is the original?

Like the other lawyers, I recommend taking the copy of your will to an estate planning attorney and having a new one drafted. It should not be very...

Giving up 50% ownership of company

Not from a gift tax perspective. Spouses can make unlimited gifts to each other using the deduction for spousal gifts found in Section 2523 of the...

Can I give large gifts to my relatives?

The answer to your question depends, in part, on whether your "domicile" is considered the United States for transfer tax purposes. In the United...

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Do I need to add the gift amount in my gross income?

I agree with the foregoing attorney's answer. Gifts are not taxable income. Any income produced by the gift down the road, however, is taxable...