Tax Implication on Loan vs Gift

Your question is not as simple as it sounds. One key fact missing is the total estate of the donor. In addition, if a loan, there could be issues...

Selected as the best answer

I owe CA EDD & I live in GA, when I file my federal taxes; is it best for me to receive a mail in check or direct deposit

I apologize, because this is the first time I am somewhat chastising a poster. This is an unfair question to ask an attorney in an open forum. ...

Can a house be foreclosed on while waiting for letters of testamentary from probate for a decedent that died intestate?

You should talk to you probate attorney immediately. They may be able to get the probate court to issue a preliminary injunction on the mortgage...

I agree with Mr. Erhart

How many years can you claim the unearned income credit on your taxes?

i am not aware of a cap on the number of years that you can claim the credit. There are issues if you are denied the credit in a year because...

I am an executor of a will. When do I disburse funds to beneficiaries. The house is not sold and there is a loan and utilities

I would have given a very similar answer to my colleague above. Since his is an NJ attorney and I am not, I will not add to his comments as I agree...

Is mediation mandatory in WA state?

I realize you are probably hoping to save on some fees, but this is really something you should discuss with a local attorney.

When a trust neither omits nor mentions a child of the settlor, but their will does, does the omitted child have legal recourse?

THere is just about no way of answering this without giving you legal advice, which I will not do except for a client who has retained us. With...

The Trust and the Will are different. Executor is a person named in a will to serve as executor who is then appointed by the court. An executor is...

Sale of real property which is beneficiary's primary residence by other beneficiary who is trustee?

You have a little bit of a different issue not being addressed. While you have some rights as an occupant under real estate law, you need to be...