Will I have to pay capital gains tax, if I buy out my brother?

You pay capital gain on the sale of property not purchase. So you will not have to pay capital gains on buying his interest. Your brother may have...

If a savings bond has joint owners and one owner dies, does the survivor have to pay inheritance tax on half?

If A was a Pennsylvania resident then PA inheritance is due on 1/2 of the value (at date of death) of the savings bond. Legal Disclaimer. Mr....

In giving a power of attorney, the person granting th power can establish any conditions they choose, such as that all 3 holders must be in...

Who is the legal owner of lottery ticket?

Typically the Lottery looks at whose name is signed to the ticket as the winner and owner. What you don't explain is what occurred that you gave...

How much inheritance tax do I owe in the state of Pennsylvania. I'm a neice.

Pennsylvania inheritance tax is imposed on when the decedent lived in Pennsylvania and owned real estate located in PA or personal property...

Mother died, executor (sister) has not gotten along with me for years, Lawyer for the estate is really screwing up.

It doesn't sound as though the Estate Lawyer has done anything for which you can report him to the Bar Association. The Estate Lawyer represents...

If a grand daughter is listed in the will and the next listed is daughter. Can dautghter challenge any of its provisions.

yes on the basis that the Will is the product of fraud, duress, mistake, undue influence or that the decedent lacked "testimentary capacity" when...

As the prior answer indicates PA has no minimum for inheritance tax purposes (there is a family exemption allowance of $3500 from assets in the...

I am trying to open small school 2-5 years of age - should I incorporate as LLC? What other structure would be applicable?

There is no single entity type that is best for all situations. The right type of entity for a particular venture depends on many factors...

Does FL attorney who is custodian of a will have duty to consult with the named personal rep before filing w/i the 10 day period

The custodian of the Will is required to file the Will with the Clerk within 10 days. The relevant statute reads: 732.901 Production of...