My friends mom recently died and all assets went to the estate. After all debts and taxes are paid the estate has approx. 250k

Hi, I need more information, so I am going to make an assumption that your friend's mother never made any taxable gifts during her life (if she...

How much does probate cost?

New York has a pretty simple process to probate a will, but there are other benefits to putting your assets into a trust. Few examples: 1) Unlike a...

Selected as the best answer

If sueing a company in Oregon is it required to have an estate opened in Oregon for the deceased if one exists in Virginia?

You should contact an Oregon attorney to assist you with the lawsuit. He will be able to definitely answer your question.

Do I need an estate attorney?

If you are on good terms with your nephew's biological father, you should persuade him to contact an attorney to assist you with your legal issues....

What is a grantor trust? My friend had an attorney set one up for him, but I did not understand. Info apprec.

Hello, A grantor trust is any trust where the grantor is still considered to own the underlying trust assets for income tax purposes. Hence, if...

Selected as the best answer

What will be the estate tax exemption amount in 2013?

You are asking a political question. If President Obama keeps his campaign promise to increase the 2013 exemption amount to $3.5M, you will have...

Selected as the best answer

If a will allocates a beneficiary $20,000.00 and that beneficiary is 39 years old, must the amount be divided up into 3 parts?

You need to include more details about your situation. I am assuming your mother left the money in a testamentary trust, dictating how the funds...

My father in laws live in girlfriend for 19 years recently died. She had a will but he has been unable to find it.

If you cannot find the will that you know existed, there is a presumption that your girlfriend destroyed it with the intention of revoking it. This...

I am trying to seek a tax attorney from NYS and i now live in Florida

Hello, I need more information before I can properly advise you. Please feel free to contact me directly via my contact information pasted below...