Estate and tax question?
As to estate taxes, since she is the spouse, there is no estate tax due. As to income tax, she will receive a 1099B. How she handles this depends...
New York, NY
Estate planning Lawyer at New York, NY
Practice Areas: Estate Planning, Probate ... +4 more
As to estate taxes, since she is the spouse, there is no estate tax due. As to income tax, she will receive a 1099B. How she handles this depends...
I assume you are speaking of the STAR exemption. The fact that you are executor is irrelevant. The exemption goes with the resident of the...
Assuming that there is no Will, getting letters of administration is the way to go. If it will be on consent of any children,, the legal fees...
Was the will offered for probate in PA or did she just have you sign that you consent to it being probated? If so, did you have any rights under...
I am assuming that the deed is tenants in common. He merely wants to transfer his ownership interest on death should his girlfriend predecease...
Do you have a health care proxy? If so, use it to move your father to an appropriate setting. In this crisis, I am advising everyone to get a...
In certain circumstances, the court may require an Affidavit of Heirship. For example, if the decedent was survived by only one distributee or no...
The answer to your question depends on the type of debt and the type of assets you have. Ut also depends on how the assets are held joint,...
I agree with the prior answers, but wanted to add a little more information. You have 48 hours to make this decision. Additionally, if there any...
Most plots are saleable or transferable. Many times cemeteries are hesitant to allow a sale if not all next of kin consent. The cemetery may...