Tag Archives: Civil law

Irrevocable Trust

Today TaxMama® hears from RG in the TaxQuips Forum with an oxymoron. “Can an irrevocable living trust be changed by the person that created it?” 

Moved out Too Soon

Today TaxMama® hears from Elisa in the TaxQuips Forum with this question. “I purchased a home in 2009 getting a first-time homebuyers credit. I lived in it for 1 year.  I moved to be closer to work and am renting an apartment. I have been renting my house out since July 2010.  How will me […]

Relationship Doubts

Today TaxMama hears from Kevin in California who asks. “I know California isn’t a common-law state. But are there any other tax issues that I need to be aware of if I decide not to get married to my long-term girlfriend? With such high divorce rates, I’m beginning to think that remaining committed partners is […]