Recent content by Tax Counsel

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    I am going Pro Se against a City and Police Department

    Why haven't you paid to get the car out of storage? You are accumulating more storage fees and problems by not getting the car out of storage. If the court determines that the tow was valid, you'll end up paying more for leaving it in storage. Taking it out of storage will not adversely affect...
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    100 Hilarious Jokes, Because No One Is Too Old to Laugh!

    But effective, no? I just hope the redneck had a redneck doctor buddy who fixed up the injuries for a fee of a couple of six packs of beer. After all, medical care ain't free, and if you can't trust Earl the doctor in the fancy trailer park at the edge of town, who else can you trust?
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    I am going Pro Se against a City and Police Department

    While I agree that there is an appearance of a conflict of interest, there are some things to consider. How was the tow company selected? Is the tow company one that won a contract with the city or the police department? If it was the city, what city official(s) awarded the contract? Did the...
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    Trying to figure out the meaning of this sentence

    Revocable living trusts get pass through treatment because the right of revocation allows the grantor to almost anything with those assets up to the date of death. The grantor is treated as the owner of the trust assets because that flexibility is, in practice, little different from what the...
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    Trying to figure out the meaning of this sentence

    The taxable event with a regular (non-Roth) IRA occurs when distributions are made from the IRA to the IRA owner. The federal tax code sets time limits for when distributions must be made from an inherited IRA, and failure to meet those required deadlines can result in penalties. If the trust...
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    Political Humor and Satire - Guaranteed to Offend Somebody

    Or demonstrates why not everyone should have the right to possess, carry, or use firearms. :D
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    Political Humor and Satire - Guaranteed to Offend Somebody

    As a nice bit of trivia: there are more Lego people figures in the world than there are real people.
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    Trying to figure out the meaning of this sentence

    That's not what the sentence is getting at. With a will or a revocable living trust (which is by far the most common trust used in estate planning), only the circumstances at death are going to matter. Hence it's the basis at the time of death that matters, not what the beneficiaries will do...
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    Trying to figure out the meaning of this sentence

    In plain English, that sentence is saying that the trustee may, when distributing trust assets, ignore what the beneficiary will have left should the beneficiary sell the property. Basis is the term in federal tax law that tracks the owner's cost in the asset. The basic formula for determining...
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    What Attorney does a person get to sue the Government for stealing them as a child and posing as their family for decades?

    I'm having trouble imagining what you mean by the government stealing the person as a child or how the government would pose as someone's family. The basic details of what happened are needed to know what kind of legal issue this would be. It also matter in what state this occurred, how long ago...
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    Real estate sale cash buyer contract

    No doubt some do. But not all of them, and perhaps not even a majority. The bar association in my state has drafted up a lot of template forms, which are not accessible by the public and aren't cheap for lawyers to buy (they come in sets for various areas of law, each known in short by the...
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    Real estate sale cash buyer contract

    We don't even know if that was the contract used in the sale. The model contract by the CT bar association is provided a resource that the public may be use but it is not mandated by CT state law. The CT bar association is not a state agency and has no authority to mandate anything (other than...
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    New York State executor denied access to decease's electronic bank records prior to his death.

    That may well be the rule the bank has. Whether the bank must, or is even permitted, to give you that information depends on the details of the account Your brother's estate arises on the date of his death and the probate assets that he had on that date are what the estate personal...
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    Real estate sale cash buyer contract

    It's legal because there is no law that makes it illegal. The real question is what effect does that have on the contract? What the buyer is asking for would not meet the requirement of an enforceable contract or contract addendum because the buyer isn't offering anything in exchange for the...
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    I believe I am being treated poorly

    Perhaps you are being treated poorly, either intentionally or simply because they are are trying to do the best they can do to keep production up with all the short staffing. However being treated poorly or not getting the overtime others are getting is not by itself illegal. The big question is...
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