Unless you dad has used up his lifetime exclusion amount and there is a net gift agreement (mean the gift pays the tax), you will not owe any...

Penalties for failure to file gift tax returns is based on the tax due. If there is no tax due, there is no penalty. In addition, just because...

Concerning money received from an LLC, what distinguishes income from capital distributions?

Your question is no clear? Your share of income from an LLC is reported to you on a K-1 and the character is based on the type of income received...

If my d husband writes me a letter stating he's leaving the residence on a specific date, and later refuses, can I sue?

this is no a Wills questions. I have re-categorized for you as I believe Family Law attorneys and evictions attorneys would best be able to help. ...

Does a discretion poured-over trust allows the trustee to sell real estate asset.

Unless there is some provision in the trust prohibiting sale or some compelling reason that the property was intended for use by the beneficiary or...

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Gift

Gift tax is the responsibility of the donor not the donee unless there is a net gift agreement. That said, every individual has an exemption of...

I am being subpoena to go to court in california between may 8- may 20 I live in ct how would this work

I agree with my colleagues but I dont think you're getting the right answer because I dont think you are expressing your goal. You cannot be...

What statement should be used for the tax exempt reason on a deed transferring separate property to community property?

I agree with my colleague. In addition, make sure to file a PCOR and check yes for transfer between spouse and transfer to revocable trust.

Can I file General Partnership for a small farmer's market business instead of LLC?

All the attorneys are correct. A general partner has unlimited liability. It sounds like your business is going to be involving the public so...

Tax!

Im not really sure what your question is. This is a website for legal issues not financial advice. You may be looking for an answer in the wrong...