Do I have to pay 40% on estate taxes on my POD account on a estate worth over 30 million dollars?
PODs and TODs are indeed non probate assets. But that does not answer your estate tax question; for that, you need specific advice, far beyond the...
Wexford, PA
Estate planning Lawyer at Wexford, PA
Practice Areas: Estate Planning, Probate ... +2 more
PODs and TODs are indeed non probate assets. But that does not answer your estate tax question; for that, you need specific advice, far beyond the...
It is possible that your mother did not go to probate because no probate was necessary. Married couples often own property in joint names with...
Speaking from the perspective of the attorney for the executor, I can only say that it would be an extremely rare attorney who would participate in...
As a general rule, you should not expect to get legal advice from bankers! The idea that "no one" is entitled to an asset if its owner dies without...
Probate is a matter of state, not federal, law.
In my experience, annual trust maintenance fees are not typical with a revocable living trust, particularly not fees of this size. However, from...
Yes, you do need to open an estate account. However, your attorney should be assisting you with this; I am a bit troubled by the fact that you have...
The best thing to do is not to co-sign on a private student loan. Those typically become immediately due and payable if either the student OR the...
Jointly held assets would pass automatically to the surviving spouse. The other property (i.e. the corporation's stock and the vehicles) will pass...
I completely agree with my colleagues. Lest we seem harsh, please remember that each of us have witnessed what can happen with DIY wills, where...