What are tax consequences of 403(b) beneficiary designations of 100% spouse versus 50% spouse/50% split amongst adult children?
William's answer
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Answered on January 27, 2015
I think you have been very fortunate to receive two very thorough answers to your question by Mr. Zelinger and Ms. Stewart. Not much to add...
Archived
Local bank says Letter Testamentary is needed for accnt to take care of Trust business.What document is needed 4 the bank 2 see?
William's answer
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Answered on January 27, 2015
Your question as stated is very difficult to follow. I get the general notion that there is a trust involved, but there has to be a will in order...
Archived
I live in PA and need to know if I have a vested interest in a property that my husband inherited
William's answer
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Answered on January 27, 2015
As long as your husband has not put the property in your name , it is not considered marital property. Unless you are in the process of a...
Archived
The atty I are co-executors of my parents estate . Must I disclose to the attorney that assets in a mutual fund are T.O.D. ?
William's answer
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Answered on January 27, 2015
You must disclose the T.O.D. accounts. You do not have to agree to a flat commission. You can negotiate an hourly rate. If you hire an attorney who...
Archived
If a car is in only one spouse's name and that person die will the remaining spouse get the car automatically...thank you
William's answer
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Answered on January 27, 2015
The surviving spouse will be the sole owner. If you want to clarify that on the title take the death certificate to a tag dealer and they will help...
Archived
What is " Letters Testamentary" and how is it [are they ] attained?
William's answer
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Answered on January 27, 2015
Letters Testamentary are issued by the register of wills when an executor or executrix also generically called "personal representative", files a...
Archived
How can I see claims against my mothers estate?
William's answer
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Answered on January 27, 2015
Go to the office of the register of wills in the appropriate county and ask a clerk to help you with this issue.
Archived
Does probate except a claim against the will for care of deceased prior to their death and does it have to be accepted by heirs
William's answer
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Answered on January 27, 2015
The caregiver is entitled to make a claim and you as an heir are entitled to refute it, If the claim hacs been made and you wish to contest it you...
Archived
Are heirs[ successor trustees] responsible for debts of estate in trust if sale of property is arranged after death of owners?
William's answer
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Answered on January 27, 2015
If you have a buyer , tell them to attempt a short sale with the lender, or their successor . There is no exposure for beneficiaries of trust.
Archived
Can an employers accountant withold our W2's if they have not been paid by out employer. Isn;t it against the law?
William's answer
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Answered on January 26, 2015
Not to assume, but it sounds like your employer may have failed to pay the money he withheld from your paycheck. This means you will owe the tax,...
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