If the deed is in your sole name, there is no need for you to have the property go through probate here in Connecticut. Since your father's name...

Life estate and tax position for siblings.

This question is a bit fact-intensive, but I'll make some assumptions. At your mother's death, I will assume that an estate tax return was...

Selected as the best answer

I would strongly urge you to contact an attorney to assist you in opening an estate administration for your mother's estate. If your brother is up...

Order of assets to beneficiaries- What is settled first?

Funds are first paid out of an estate for funeral services, taxes, estate administration expenses, credit card bills, hospital bills, etc. Note...

If I give someone a general durable power of attorney, can I retain rights to perform the same functions?

Giving someone Power of Attorney allows the person to act on your behalf, but does not prevent you from managing your own assets, as well. For...

Is guardianship better than poa in pennsylvania

A Guardian manages the care of an incapacitated person's health care and finances with court oversight. Furthermore, a person holding Guardianship...

Do you need a lawyer to get power of attorney over your wife who is bedridden in the hospital

Yes. I would urge you to retain an attorney in Oklahoma City who can talk with your wife by phone to get her instructions regarding a Power of...

Taxes question

There are numerous taxes you have to pay: federal income taxes; state income taxes; sales taxes; and, when you die, possibly, estate taxes. The...

How to settle a will

I'm sorry that you find yourself in this situation. I am assuming that your brother has not filed the Will for probate nor been appointed as...

IRA Required Minimum Distribution Not Taken. What should I do?

I'm sorry to hear about your situation. According to the IRS, "if an account owner fails to withdraw a Required Minimum Distribution ("RMD"),...