Recent content by Taxing Matters

If the trust either owned the policy or was a beneficiary of the policy then there are potential tax traps the trustee and beneficiary need to be aware to avoid the federal and state governments from taking a bigger bite in tax from the estate than is necessary. I'd expect that in most cases the...

I think a lot depends on what you and I think "many". In raw numbers, for all manner of claims, I agree with you. The food study you referred to is a good example, and there are others. But in the context of posts about groups of unrelated and unconnected people all engaging in the same or...

That's helpful. It at least rules out having to consider any weirdness of Louisiana law. :) Florida's anti-lapse rule for wills is found in Florida Statute § 732.603. It works basically as I described them generally above. The gift to the predeceased relative does not lapse but instead goes to...

I wouldn't have used the word "many" there. ;) But I whole heartedly agree that if the claims are accurate getting a mental health exam can go a long way to helping convince others that, though the claims may seem incredible and very unlikely, they are not just figments of their mind. Certainly...

I disagree with that as written. Read literally, your statement would mean that if John made a gift to his friend Jeff in his will and Jeff dies before John does that Jeff's share would go to Jeff's estate for distribution and get distributed as Jeff's will directs. But that's not what happens...

Have you sought any mental heath therapy or treatment? What you describe, if true, would be extremely stressful and science has shown that high stress often leads to things like depression, anxiety, etc. The sooner you tackle that, the easier it will be deal with the stress, help you cope, and...

If the estate executor or administrator is ignoring your requests for accounting then generally your recourse is to file a motion with the court conducting the probate for an order to compel the executor to provide the accounting. You may want to seek the help of a probate attorney for that if...

There isn't any rule that says that the estate mailing address must be the same for all purposes. For the estate EIN you may use the P.O. Box as the mailing address but you must also provide the actual physical address, too. See the instructions for Form SS-4, which is the form used to apply for...

The federal National Labor Relations Act (NLRA) protects the right of employees to get together to improve wages and working conditions. Those discussions generally need to place off the clock; the employer has the right to expect that employees who are on the clock and getting paid are doing...

Against whom? As the plaintiff, you have to have evidence to prove your case. If you sue the dealer, you need evidence it rolled the odometer back or that it had knowledge of it. You may also have to prove the dealer misrepresented the mileage to you when it sold you the car (in other words, if...

One of the problems in litigating the divorce in NY is that while the NY courts may dissolve the marriage, they would not have personal jurisdiction over your spouse for any property division and support issues because your spouse does not live in NY and presumably has no property located there...

You don't need some similar case to show you insurance company to get paid. She destroyed your property. If that's covered by your insurance policy then the insurer is bound by the contract to pay as set out in that policy. The fact that the sergeant had not heard of that particular fact pattern...

It's not illegal to ask the question. However, it isn't a good idea for a business manager (or owner) to do. If the manager fires her or takes other adverse action against her, that kind of question can be used as a part of building a case against the employer that she was illegally...

Agree. And to make it abundantly clear: that includes federal and out of state crimes.

I read your post as saying that a promissory note should NOT be involved. So where did that word not go? :oops: