There are laws that specify that your mother's account will pass according to her will, or according to a set of default rules if she doesn't have...

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Essentially, US Trust doesn't want to relinquish the trust and retain any risk of being sued a few years down the road. In order for them to have...

Who can I trust? I'm 56, disabled, and getting conflicting advice from 2 specialty firms

I think the crux of the issue here is whether the special (supplemental) needs trust is a first party or third party trust. Just last year...

The other responses are correct. I also want to point out that even gifts above $14k per year would only result in a gift tax if the total gifts...

Can I sue for public embarrasment

Even if you somehow won a lawsuit, your damages would be nil, because you clearly didn't suffer enough harm to keep you from going back for more...

As with anything involving trusts, the terms of the trust would determine the step up. From what you stated, it sounds like both your parents were...

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What practice guide is considered the Bible or go to resource for estate planning?

For general estate planning: A Practical Guide to Estate Planning by Madoff, Tenney, and Hall. For estate planning in Massachusetts: Any estate...

How long does my holding of life estate last?

Assuming that everything was done properly, you would hold a life estate on your aunt's life. Therefore, you have exclusive use and occupancy of...

Business pay someone without it going on w-2?

If your question is whether there are a variety of ways for a business to compensate someone with or without W-2, then the answer is yes. If...

Assuming there are no lingering complexities, you will be responsible for those bills. If you are certain that you're entitled to the home, you may...