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I own a 3 family house in Boston Ma left to me and my sister 50/50 in 2008 before 2008 my father left it to her he passed 2002
David's answer
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Answered on February 01, 2015
There are a number of issues here, but it sounds like this situation largely stems from your mother's amendment of the trust after your father's...
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My mom passed away. in her will she left everything to her children (3). she was married but excluded her husband in the will.
David's answer
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Answered on January 29, 2015
Not necessarily. If your mother and her husband owned the house as joint tenants or tenants by the entirety full ownership of the home passed to...
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My husband died without a will, life insurance, etc. I received an annuity check made out to his "estate".
David's answer
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Answered on January 21, 2015
Yes, you will likely have to initiate probate proceedings in order to handle this annuity amount. The type of probate procedure will primarily...
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Does a Trust which identifies its beneficiaries as "living issue of the Grantor" qualify as a "look-through" Trust per Pub 590?
David's answer
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Answered on January 20, 2015
I agree with the previous post. Leaving an IRA to a trust can result in a number of problems. Your question addresses one key factor in order to...
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Transfer from joint account after death
David's answer
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Answered on January 12, 2015
Title to the bank account matters. If it was held jointly between yourself and your mother, with rights of survivorship, then ownership of the...
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Can a revokable living trust include one or several items. And other one or several trusts be created separately?
David's answer
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Answered on November 25, 2014
Trusts can be drafted to hold any type or number of items. It is certainly possible to have one trust hold two homes and a separate trust hold...
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Aprox cost of will leaving real estate to son...that's all
David's answer
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Answered on October 30, 2014
I agree with Mr. Vaughn-Martel's answer. In addition, please keep in mind that an attorney will be able to discover and plan for other needs that...
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Can a lawyer in a different county then my property is in, make my will
David's answer
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Answered on October 29, 2014
Yes. Drafting a Will for someone who lives in a different state has complications, but a different county does not matter.
Any attorney in...
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Do I as an heir of an estate have the right to see any trust or will?
David's answer
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Answered on October 27, 2014
The answer can be complicated.
Under current law a Trustee is obligated to provide information to "qualified beneficiaries". Do you know who is...
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Our Mom sold her home (in a life estate with my sibling and me). What are tax consequences for the 3 of us, ie, capital gain?
David's answer
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Answered on October 27, 2014
There could be some significant tax issues here.
The good news is that the property (or a portion of the property) could have received a...
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