Can an Administrator of an estate (and the deceased's adult child), purchase Estate Property for less than Fair Market Value?
William's answer
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Answered on May 09, 2016
I have a feeling there is some confusion. To answer the question about buying the property for less than fair market value one must know if there...
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If I am named in the cash part of the will and then in the codicil as well from Morgan Stanley Is that additional money?
William's answer
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Answered on May 09, 2016
A codicil is an add-on set of terms that usually represent a change of mind or the inclusion of an oversight on the opart of the person writing the...
Archived
My question is - who rightfully should pay and who will the state pursue? Thank you for any response.
William's answer
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Answered on May 08, 2016
Whoever the delinquent taxpayer is should pay the lien satisfaction fee.
Archived
Ex-husband passed away and had no will. We are opening up an estate. How long do creditors have to answer ad in paper?
William's answer
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Answered on May 03, 2016
If it is your ex, I assume one or more of your children will be filing the Petition. One
Year from the date of advertising is considered the period...
Archived
RE property is in a Trust and my client is the Grantee. Being the Grantee, does my client have legal ownership of the property?
William's answer
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Answered on April 29, 2016
The question is confusing. Is the real estate
being conveyed from the trust to your client? Is your client the beneficiary of the trust? The...
Archived
Should you add a name to the property now or wait until the time comes?
William's answer
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Answered on April 28, 2016
The question does not say whether or not you are the beneficiary of the house. If so and the friend wants to lose control of the asset, risk your...
Archived
What problems or penalties am I facing? Should I publish my notice or contact register of wills first?
William's answer
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Answered on April 26, 2016
Make an appointment with a competent probate attorney in Bucks County. The Notice of Beneficial Interest can be easily remedied without penalty. If...
Archived
Is this lawyer suppose to be helping us or only the executer, can he take me to court for not signing, can i report him?
William's answer
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Answered on April 25, 2016
When you write that the attorney is threatening to take you to court, I suspect that you are being told that if the parties in interest do not...
Archived
Is this possible and how can this be accomplished?
William's answer
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Answered on April 22, 2016
The gift tax will not have to be paid if you use the gift tax exemption of 5.5 million dollars. Both you and your spouse could transfer the house...
Archived
Can you receive both a "special bequest" from a deceased relative and also a portion of the assets in real estate, stocks bonds,
William's answer
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Answered on April 18, 2016
The "special" bequest" is most likely a "specific bequest", which is a legal term when a person writing a will wishes to leave a specific asset or...
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