Is there a way to transfer more than $15,000 to an heir prior to the death of the writer of the will without incurring taxes?
Michael's answer
|
Answered on October 14, 2021
Just do it. There is a lifetime unified credit equal to the estate tax threshold. But, there is no such thing as an advance on a bequest. The...
How do I get a copy of my moms will?
Michael's answer
|
Answered on October 13, 2021
Why don't you just file the FL will?
Can I be kicked out from the house if it’s for closure, but I’m pregnant?
Michael's answer
|
Answered on October 13, 2021
Your pregnancy is irrelevant to this issue. For now, foreclosure sales are stayed due to COVID. However, there are steps you can take to delay or...
How can my kids can get the house I own without going into court and probate after my death
Michael's answer
|
Answered on October 13, 2021
Cheap way: Deed it to them now, and keep a life estate.
Other way: Put it into trust, with them as beneficiaries.
If a financially independent adult develops a serious mental illness, can family members seek guardianship over that person?
Michael's answer
|
Answered on October 13, 2021
Yes, but if the nephew has the means and ability to contest it, it will be hard to do.
Can a conservator (sister of deceased) change the beneficiary of an estate (IRA annuity, etc) left to ex-wife of deceased?
Michael's answer
|
Answered on October 12, 2021
Not only is it legal, it is the correct result. The divorce voids all beneficiary designations leaving the estate as the heir. As the wife is no...
Who can I name as executor of my will if I have no family here in NY?
Michael's answer
|
Answered on October 12, 2021
Your options can only be determined by knowing what you are trying to pass by the will -- accounts, realty, a business, etc. In short, there are...
In NY, my father died in 2004. I was the sole care provider for 28 years for both parents. My mother died in 1992.
Michael's answer
|
Answered on October 12, 2021
No. If you were the administrator you get commissions. You do not get anything else.
Joint owners on property both are dead property taxes owing what can the adminstrator show to make arrangements on taxes.
Michael's answer
|
Answered on October 11, 2021
Anyone can pay the taxes. Just print off the tax bill and mail in a check. No one cares where the money comes from. The bigger issue is how to...
What rights do I have to my boyfriend's assets , been living together in a relationship for twenty four years,would I be entitle
Michael's answer
|
Answered on October 10, 2021
None, unless he makes you beneficiary of his accounts and/or makes you the heir to the estate.
