If a home is in a trust and is sold prior to the trustees death, where do the proceeds of the sale of the home go?

Generally any sale of property by a trust would have the proceeds payable to the trust. If it is an irrevocable trust, then they must be paid into...

If you have a 1099 with nonemployee compensation, how is a single individual supposed to file it?

First, I should point out that marital status has no effect on how to report income received on a 1099 form. All persons, single, married, HOH,...

Can I deduct Expenses (like medical, Senior Year of HS) etc from the alimony I did receive and claim a lesser amount on taxes?

Section 215 of the Internal Revenue Code clearly provides that Alimony is taxable to you the year you actually receive it. If he did not pay it to...

What is the difference between wills and living wills?

Although you do not NEED either document, they will become very helpful to your daughter. The Living Will is also known as the "Declaration of...

You can go to any Social Security office and ask for a replacement card. You can order an new birth certificate from the Department of vital...

Can an Intervitro Trust be ammended or broken?

The trust appears to be designed to prevent the sale; thus, you need to look at what the rest of the trust agreement provides. Who are the...

My mom made a will four years ago, do I need to revise,Some details have changed, for example I live in Fla now.

A Last Will and Testament remains valid no matter how old it is; however, if your mom's wishes on who her beneficiaires are have changed since she...