Tax Categories for an S-Corporation, Limited Partnership and Living Trusts
Hi, an attorney created an S-Corporation, a Limited Partnership and a Living Trusts for myself as well as a Living Trust for my wife, primarily for liability and estate purposes. My Living Trust owns 49% of the S-Corp, my wife’s Living Trust owns 49% of the S-Corp, and the remaining 2% of the S-Corp is owned by relatives.
Categories: Mortgage Tags: attorney, books, estate purposes, general-partner, limited partnership, living, living-trust, living-trusts, myself-as-well, Personal, personal-assets, personal-funds, president, remaining, s corp, s corporation, selling-stocks, several-stocks, stocks bonds, tax categories, wife
5 year ‘probate’ on house tax unpaid.
Mom passed in 2005. a living trust for her estate. the executor (her lawyer) distributed stocks and assets to us.
Categories: Mortgage Tags: house, little-hope, living-trust, owns-the-house, papers, taxes, the-transfer, Transfer
Elder Abuse?
A son-in-law helped his mother-in-law open an investment account with a notable company. The same day, she made the son-in-law the sole beneficiary of all her assets and also authorized him to have full authority over her money.
Categories: Mortgage Tags: Benefit, elder abuse, executor, insert-himself, Investment, investment account, investment company, jane doe, jim doe, john doe, living-trust, made-the-son, Money, probate-court, scoundrel, sole beneficiary, the-son-in-law, trust, trustee