Archived
3 out of 4 siblings thinking about revoking trust, 1 sibling giving us legal problems on other items, how do we revoke trust
Amanda's answer
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Answered on December 27, 2012
A revocable living trust is set up by a Settlor (Trustor), who usually acts as Trustee and Beneficiary until his or her own death. After death,...
Archived
WE received a letter from an IRS Revenue Officer asking our President to meet with him to tell him why our back taxes owed for
Amanda's answer
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Answered on December 27, 2012
I agree that you need to speak to an attorney immediately to get this resolved. Your CORPORATE status was probably not dissolved; your NON-PROFIT...
Archived
I Worked for my stepfathers business that is still ongoing from 1981 till 1983 I made nearly 70 thousand and never got paid.
Amanda's answer
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Answered on December 27, 2012
The statute of limitations on debt would have long since expired by now barring some seriously unusual circumstances.
Archived
Do benificiaries need to get a lawyer to make sure everything goes right and everything is on the up and up?
Amanda's answer
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Answered on December 27, 2012
Beneficiaries do not always need their own attorney, but in this case you probably do.
Archived
Do I have to leave any of my estate, money, property etc, to my children? Can I specify, by name, that they get nothing?
Amanda's answer
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Answered on December 27, 2012
You should speak to an attorney regarding the structure of your plan. Your money is yours to do with it what you want. You are not required to...
Archived
Have not filed taxes about ten years what to do to resolve?
Amanda's answer
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Answered on December 27, 2012
Once the IRS (or Michigan's Dept. of Treas.) contact you, you will have to scramble to get up to date. Your best bet is to file your back taxes. ...
Archived
My friend and I want to create an LLC - I live in Washington State and he lives in California; which state do we register in?
Amanda's answer
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Answered on December 27, 2012
If you are conducting business in both states, you will likely need to register in both states - one as a "resident" LLC and the other as a...
Archived
How do you make sure one family member does not receive monies left to another family member--
Amanda's answer
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Answered on December 27, 2012
Is this intended to be after your death? You should speak with an estate planning attorney to determine how best to structure this type of...
Archived
I need to obtain a loan on my income tax return, as I am currently recieving only 60% of my wages due to a medical condition
Amanda's answer
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Answered on December 27, 2012
You generally cannot obtain a loan against an anticipated refund until you are ready to file your income tax return, which will not be until...
Archived
Will????
Amanda's answer
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Answered on December 27, 2012
Your parents would be well-advised to consider a number of other estate planning objectives as well, such as incapacity planning (which could help...
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