Trust beneficiary and starting own trust.

If you receive the money yourself it will disqualify you from SSI. (Your SSDI may not be affected because SSDI does not have an asset test, just...

How can my estate be closed if I have cosigned my stepson's mortgage?

I agree with my colleagues. Specifically, the Garn St. Germaine Act prohibits lenders from foreclosing on a loan secured by residential real...

If I save the profits from the sale of my house and don't invest in another house will I be subject to extra taxes?

No, you will not be subject to extra taxes if you don't reinvest the proceeds in a new home. There was a time when the exclusion for capital gain...

Why do financial institutions need to know if properties in question are in a Trust?

The bank needs to know about the trust because the trust owns the property. The loan is secured by the property. The bank is willing to lend you...

Do I need to contact a tax return attorney?

This is a consumer law issue and I'm relabeling your question so that can get a better answer. I'm sorry that a tax service is giving you such...

As already noted, reference to a specific address is not generally required, although it may be required in certain cases, such as trusts holding...

It would be a good idea to name them both specifically, if one is excluded and the other takes the entire estate. Technically, the one taking the...

I received a notice regarding my name in my Grandma will for her estate and my uncle is the person who is the proponent in will.

The simple answer is yes, you can receive such a notice whether or not you receive anything under your grandmother's will. Following your father's...

Do the intestate sucession laws in California trump the deceased's designated beneficiary for IRA?

The intestate succession laws don't trump the designated beneficiary for an IRA. However, California is a community property state. So it's...

Is my vacation property in Florida covered under my Massachusetts Will??

The Florida property will pass to your daughter under the residuary clause of your existing will, as you suggest. So there's no need for a new...