The first answer to this question is always the same; check your divorce decree. The decree should spell out who gets to take the kids as dependents. Here are the general rules if the divorce decree is silent. The first matter to address is whether or not the child is...
If you have a family trust—or are considering creating a family trust—to protect your assets you may want to ask your attorney about creating an out of state trust. It’s a grantor’s market (so to speak) and creating a trust these days doesn’t mean you have to simply...
You have many choices if you owe taxes to the IRS. You could owe taxes for yourself personally or you may owe taxes for a small business. Taxes owed by you for a small business are generally known as Trust Fund taxes. The IRS will set up an installment agreement with...
My father passed away 4 yrs ago and he was settling a lawsuit. The lawyer that he dealt with is telling me that no one can come after me that he may of had owed debt to and that I will be granted x amount of dollars. Should I trust him? I know he is trying to collect...
It may seem like you just can’t catch a break when it comes to paying taxes, but according to this article in the Wall Street Journal there are a few little known tax breaks that could end up saving your family money. Some are new—so new, in fact, that it is still...
Tax day is coming up quickly, are you ready to file? And just as important—are you taking advantage of all the savings and deductions available to you? Most people who do their own taxes are unaware of some of the lesser-known deductions which can help you save money...
(480) 296-2036
info@ilmlaw.net
Mon – Fri: 9am – 4pm
9777 N. 91st St
Suite C-103
Scottsdale, AZ 85258
8776 E Shea Blvd
Suite 106 PMB 607
Scottsdale, AZ 85260