What is best way to transfer funds from a house sale to a Special Needs Trust?
If your son's interest in the property is already held in his Special Needs Trust ("SNT"), the trustee(s) of the SNT can simply sell the house and...
North Andover, MA
Tax Lawyer at North Andover, MA
Practice Areas: Tax, Estate Planning
If your son's interest in the property is already held in his Special Needs Trust ("SNT"), the trustee(s) of the SNT can simply sell the house and...
It doesn't look like there's any way to get back the $12,500 without going to court, or at least threatening to do so. Your nephew has shown that...
There's something going on here. But it may not be what you think, because there will be little or no tax due on your mother's adult account...
You shouldn't get in trouble, because you were authorized by a person who appears to have authority. And you lack any bad intent. So there's no...
You should talk to a local probate or estate administration lawyer asap to protect your rights. Things can move very fast in a Virginia probate. ...
In general, an estate attorney represents the executor (or personal representative) in the person's fiduciary capacity. The attorney does not...
It's not clear what your question is. If you're asking what to do in this situation, I recommend consulting a probate lawyer who practices in the...
No. There is nothing that the kid can do to get the house back, except to buy it from the current owner. But he should be sure to collect any...
The tools could arguably go either way. Your father may have intended for you to keep them before and after his death. That looks like a gift. ...
In general, a life tenant (the person with the life estate) is entitled to current use and occupancy of the property and is responsible for current...