My parents sold their house and gave me 53k. Do I pay taxes on a 1099? Also, I collect ssdi?
There are no taxes owed by you as a result of having received this gift. However, it should be noted that your parents made a gift in excess of...
Marblehead, MA
Elder law Lawyer at Marblehead, MA
Practice Areas: Elder Law, Estate Planning, Probate
There are no taxes owed by you as a result of having received this gift. However, it should be noted that your parents made a gift in excess of...
I am sorry that you are struggling with this situation. To start with, I changed your category from Probate to Elder Law because it would appear...
If the stock is titled such that it is in more than one person’s name or via a book entry process has a beneficiary identified for the stock, then...
Your friend needs to execute a general durable power of attorney. That will appoint an individual to act in all matters as he or she would...
I am sorry for your loss. You have likely been sent an assent to the Petition to Appoint a Personal Representative. This means only that you are...
I am sorry for your loss. When probating after someone’s passing, the first concern is if the decedent had a will. The will will identify who the...
A quit claim deed is the best way, likely the only way, to change title on real estate. It is probably a good idea to meet with an estate planning...
If you were appointed executor, check the probate file at the court where the probate was done. If you are merely named executor in the will which...
That is correct. The new trustee, assuming the grantor was the trustee prior to his death, will want a certificate of new trustee prepared. Once...
I am sorry for your loss. I am assuming that by saying you have the title, it remains in your father’s name. If he signed it over to you, then all...