Posts Tagged ‘Greenville’

When can the 10% early withdrawal penalty for IRAs be avoided?

  • January 21st, 2016
  • David Greene
  • Comments Off on When can the 10% early withdrawal penalty for IRAs be avoided?

Money can be withdrawn from an IRA at any time for any reason, but if it is withdrawn before the owner reaches 59 ½ a 10% penalty will generally be imposed. However, there are certain circumstances where the 10% penalty…

HAPPY NEW YEAR

  • December 29th, 2015
  • David Greene
  • Comments Off on HAPPY NEW YEAR

I hope everyone reading this had a very nice Christmas holiday and I hope you are looking forward to a New Year filled with hope and promise. Of course the way to make those hopes and resolutions come true is…

MERRY CHRISTMAS

  • December 24th, 2015
  • David Greene
  • Comments Off on MERRY CHRISTMAS

Dear Readers, For this Christmas week edition of my blog, I would like to pay honor to this most wonderful season of the year. My favorite cartoon character is Snoopy from the Peanuts cartoon. He went on many imaginary adventures,…

The difference between a Power of Attorney and Conservatorship

  • November 10th, 2015
  • David Greene
  • Comments Off on The difference between a Power of Attorney and Conservatorship

These are two legal powers that accomplish the same purpose in two completely different ways. I’ll discuss the Power of Attorney today and the Conservatorship in my next blog. There are several kinds of Powers of Attorney but the most…

How to sell co-owned property if one owner does not want to sell.

  • October 29th, 2015
  • David Greene
  • Comments Off on How to sell co-owned property if one owner does not want to sell.

The law provides a way out of this common dilemma that usually arises following an inheritance by several siblings. One or more want to sell and get the money while the others want to keep the property. It is called…

When does one have to pay gift tax?

  • October 12th, 2015
  • David Greene
  • Comments Off on When does one have to pay gift tax?

One who is the recipient of a monetary gift does not pay the gift tax on the money received. The donor pays the tax. However, anyone can give a monetary gift of up to $14,000 per year without having to…

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