Master Thesis Defense ( Q and A Portion)

This is the time afer i present my thesis to the panelist. The panelist sits on me our the psychologist and doctors of EARIST GRADUATE SCHOOL..Scary standing in front of them and discussing thesis to them...Lots of questions throws after presentation of topic...Still, i am so thankful and i am over with this.... Dr. Jusay -psychologist,lawyer and Dean of Graduate School of College and Arts and Sciences Dr Baura-educational psychologist,my thesis Adviser,professor of Graduate school in Industrial Psychology in EARIST,PNU, and Dean of the College of Arts and Sciences at De Ocampo College. DR Monterona,educational psychologist, lawyer ,faculty in Graduate School DR Landicho,industrial psychologist practioner,professor at graduate school,my Psychometrics professor.so smart and very good in psychological testing..She is soo brilliant and unbelievable, my professor also in THEORIes in Personality and some Cognate Subject.. I have a statistian who sit on my defense and make me collapse when he asked my STATISTICAL TOOLS,,,Whew and how it is related....Good thing i was able to define the PEARSON. Wait, until my final defense,,what will the most worse and unexpected question they may throw.....



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Income Tax Deductions For Estates

They say death and taxes are the only two things you can count on. Unfortunately, dying is taxable. Who would have thunk it?

When a loved one passes away, responsibilities are passed on to others. These individuals are considered the fiduciary and hold many responsibilities for the deceased. Tax preparation is no exception to these responsibilities. For legal purposes, the fiduciary is the executor and the person in possession of the deceased person's estate. Income tax returns for estates and trusts are outlined on Form1041. The form 1041 will be reported under the fiduciary's taxpayer identification number, not the deceased's TIN. The fiduciary will complete Form 1041 and report to the IRS. The form outlines the descendant's estate, trust or bankruptcy estates. This executor of the estate is also in charge of ensuring that any taxes owed are paid in full.

The form must be reported and includes many important details. Tax details such as information about income and estate liability are included on the form. Any income that is held for future beneficiaries and even the taxable wages for household help at the said estate must be reported on this form. After completing schedule B on Form 1041, the fiduciary will be able to determine the deduction for distribution to the deceased's beneficiaries.

After this is figured, it is the responsibility of the beneficiaries and the fiduciary to determine the amount that the beneficiaries should deduct from their personal taxes. Any money that they receive from the deceased is considered taxable income and should be reported to the IRS at tax time. A Form 1041 must be filed for any deceased individual that had a gross income for the tax year of six hundred dollars or more. If the estate is on soil foreign to the US, it is not considered taxable and is subject to the countries specific laws.

An IRD, which is any income in respect to the descendant is also accounted for in Form 1041. Any income that the deceased was due but had not been collected is an IRD. This includes such things as interest on savings bonds and deferred salary payments. These IRD's must be treated, for tax purposes, as though the descendant had lived and received these monies.

Reporting information about the deceased estates is up to the fiduciary of the trust or will carrying out the duties of taxes. Including filling out the Form 1041, personal income taxes should also be carefully filed for the deceased. Unfortunately, they are not exempt from tax laws.

Find more tax deductions

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Helping the Casey Anthony Defense: Law Enforcement Errors?

www.RichardHornsby.com Orlando Criminal Lawyer Richard Hornsby is asked by Fox 35 reporter Shannon Butler to give his opinion on whether law enforcement having overlooked the meter reader phone calls to 911 and Crimeline will affect the prosecutions case against Casey Anthony.



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Raleigh Divorce Lawyer-Carole Gailor - Leading Family Lawyer North Carolina

videonews.justicenewsflash.com Carole has maintained an extensive domestic relations litigation practice throughout North Carolina. She is a certified family financial mediator and certified in arbitration by the American Academy of Matrimonial Lawyers. Carole has acted as a mediator and arbitrator in domestic and family law cases for many years. Her expertise in the areas of business valuation and financial analysis enable her to understand and successfully contest or defend complex business valuations at trial or



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Clip2-Spence: Deciding to Defend Fieger

Gerry Spence and Geoffrey Fieger get personal about US v. Fieger while addressing attorneys at Trial Lawyers College on July 18, 2008. For more information about Trial Lawyers College, visit www.triallawyerscollege.com



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