Annual Gift Exclusion

Yes, but there are other tax issues that tie in here, such as future capital gains taxes and depreciation, and if the persons making the gift...

What is the best way to turn a summer home over to my children. Sell it to them for $0 or sell it myself and divide the money.

There are significant capital gains tax issues here, so there is no one-size-fits-all answer to your question, but the bigger issue is MassHealth...

My sister bought a mobile home and paid in full for it, she is being evicted. what are her rights?

She owns the mobile home and can sell it. Nobody can give you a complete answer, since she signed an agreement when she bought the home and we...

How should medical bills per handled once someone has passed away and does not have an estate?

This is one of those situations where the morally right thing to do can be in conflict with the law. If you initiate the proper type of probate...

RE: Waiver of Accounting

Where the trust was established in New York, you need to pose your questions to New York lawyers. Massachusetts lawyers would not know New York...

Although you live in Massachusetts, these are probably not questions for Massachusetts lawyers. Trusts are contracts under state law. Since your...

Declaration of Homestead.

If you're concerned about your lawyer's advice, you have 2 options: (1) get a second opinion; or (2) don't record the new declaration of homestead...

How can I initiate getting my half of house. sibling not cooperating

Assuming the home is in Massachusetts, I'd start with the threat of a petition for partition. Perhaps your sibling doesn't realize that you have...

If the parent has a health care proxy, then guardianship probably wouldn't be needed. Since the Patient Self-Determination Act took effect on...

What type of lawler is best to help us to determine if children can sell a house which is "life Tenancy" ?

If you consult with a competent elder law attorney, you'll learn why you probably should not be selling now. Another type of lawyer may completely...