Generally a trustee has a duty to report financial information to the beneficiaries. The money resulting from the sale of an asset is usually kept...

It depends on how the sale took place and if title had already passed to the beneficiaries or if the sale was done through the estate. So we do...

Yes the IRS or another taxing organization can contact people who owe the debtor money and instruct the person to pay the IRS and not the 1099...

That question will depend on how the house was titled after the quick claim deed. Further there is the primary residence deduction that should...

The US Treasury Dept explicitly details a multi step due diligence process when there is a false positive match with the list. Based on your...

Get an attorney immediately. It sounds like he does not care about the company and will not care about using any sources of funds to pay for...

She would have gift tax issues to deal with and because it would be considered a gift you would get her original basis in the property which means,...

This is not so much a legal question as it is an accounting question related to separation of duties and fraud prevention. As a CPA attorney...

So not sure exactly what your relation ship is with the other party. You first use the word employer and then you talk about submitting invoices...

I agree with what Jane said but want to add that you are correct in looking at liability issues. As a board member you want to the organization...