Recent content by Family

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    Purchase & Sale Family holding money from sale of Investment property

    Thank you so much for your advice will look up a local attorney this weekend. And no there is nothing about a trust. It was suppose to be dispersed when the property sold in July, but family politics got involved and they decided to withhold paying out myself and another family member.
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    Purchase & Sale Family holding money from sale of Investment property

    It was broken into % per person and yes I have IRS paperwork( I think a K-1) that was filed last year and waiting for this years paperwork. I am very concerned because I will have a huge tax liability based on the sale and have no transaction authorization to the bank account they placed the...
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    Purchase & Sale Family holding money from sale of Investment property

    A family member gifted a portion of an investment property to several family members over a year ago. This property has since been sold and some members have received their money while the "gifter" has held on to a money of a few other members myself included. Is this legal? They claim it has...
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