Yes. The trust must be drafted by a professional to make certain it is a valid trust. The property must be transferred to the trust prior to the lien. You should consult with an attorney who specializes in trust and tax law.
The IRS has the right to put a lien on any property/assets where a taxpayer has liability (owes the IRS). Its a safe bet to say that if you owe the IRS, you have a lien placed on your property, but not in all cases. If you are placed in a resolution called Currently Not Collectible, the IRS will automatically file a lien. So to answer you question, the IRS can both place a lien on the house and issue a levy simultanously. No the IRS will not take into consideration the age of the individual owing the tax debt.
Yes, but in most cases whoever had their lien filed and perfected first will have priority (get paid first) over anyone else who files a lien. The IRS can file a lien, they'll just be second in line.
Not without satisfying the lien or you can subordinate a tax lien in order to sell the house. Sometimes, the IRS will allow you to do this, if they believe it will help you to pay your tax liability.
To sell your home, you put a FOR SALE sign out front. If the value of the lien is less than what you will get out of the house, then when you sell the house and pay off the lien, you get the rest of the money. If the lien is for more than the house is worth and you are ready to move elsewhere, you hand the keys to the IRS and say. "Here, have fun. It is all yours." At that point you owe more on the house than the house is worth.
Assuming you are talking about an IRS lien, then yes. If you were not liable for the taxes, then the lien should not be on your property. The first thing to determine is whether or not the lien actually attached to your property. If the previous owner of the house owned the house at the time the lien was filed, then the lien probably legally attached to the house. If this is the case, this is something you should take up with the title company that did the title work when you purchased the house. More common is that the IRS filed a lien and the address they had on record was still his old house (your house). Just because the lien had that address on it doesn't mean you have a lien on your house. If the property wasn't his, then it did not legally attach. If a title company still has issues with this (if you are trying to sell your house), you may need to get a Certificate of Non-Attachment from the IRS to show them that it's not attached.
No, only the IRS can take that action.
An attorney who specializes in these matters.
Yes, unless the IRS finds out you have an inheritance due and slaps a lien on it.Yes, unless the IRS finds out you have an inheritance due and slaps a lien on it.Yes, unless the IRS finds out you have an inheritance due and slaps a lien on it.Yes, unless the IRS finds out you have an inheritance due and slaps a lien on it.
Yes, they can place a tax lien at the same time. That helps guarantee that they get paid.
A tax lien is when the IRS files a lien against a tax payer in the courthouse where the taxpayer lives. This lien will attach the the property the tax payer owns. The lien will stay in place until the lien is satisfied or the liability is paid. The lien does not need to be renewd.
An IRS Lien attaches to all property that you own, and it also attaches to "after-acquired" property (property that you acquired after the filing of the lien).Even though the house was quit-claimed to you after the filing of the lien, the lien has now properly attached to it. This means that the IRS could, technically, seize the home. It should be noted that if this house is your primary residence, the IRS cannot seize a primary residence without the order of the courts (which almost never happens).If you are in contact with the IRS and make a plan for resolution of the debt, the IRS will generally not seize property. The only time that IRS seizes real estate these days is in cases of blatant evasion or fraud. Your best course is to get in contact with them and work with them to take care of the taxes.
If someone has got an IRS tax lien then it means that they are unable to pay some part of the federal taxes that they are due to pay. It is then made public knowledge and if they sell anything such their house the deficit can come out of the proceeds of that sale.