Thank you for helping me earlier. My question needs to be more concise. I am trustee and last parent died recently.

Five years.

My father died in 2005 with no will. At the time my grandmother was living with him and continued paying the mortgage

The prior attorney offer sound advice. If the property was in dad's name alone then his estate should have been probated in 2005. Without a will,...

If the estate or trust did not earn over $600 then there is no obligation to file a Form 1041. But this is a general rule. You should be aware...

My 90 grandmother has a trust and my mother was the trustee. When it was written up ,If my mother passed before grandma then

Being a trustee does not determine your rights under the trust, the terms of the trust control what you are to receive. Access to your grandmother...

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I currently live in Pennsylvania. My grandfather sold his property to me, four months ago, for $1.00. Is it taxable?

This is not a sale but a gift to you. Since the gift took place within one year of death, PA includes this asset in his estate and the full...

Am handling estate w/ no will. Supposed to send beneficiary a notice under the 5.6 rule of the PA Estate & Fiduciary Code

Ms. Sinclair offers sound advice. Pennsylvania has specific rules about notices and the steps to take for an estate administraiton. If you are...

My friend buys stuff from the streets & sell on ebay, how does he show taxes? there is no proof of what he buys its all cash!

The federal income tax rules state income is from whatever source derived. Your friend has taxable income regardless of the fact that they are...

Executor of husbands will which has 2 heirs beside self for home,rental on property and 42 acres.

Your fact are not clear, but if an estate asset is being rented, then the rental income is to be split between the beneficiaries of the estate. ...

Hi I'm in a pickel with the inheratance from my Late grandfather, there was a lump sum of money to be devided to 4 grandchildren

Mr Zelinger offers sound advice. If you did in fact sign a Receipt, Release and a Refunding Agreement when you received the money, then you may be...

Re: Massachusetts irrevocable Medicaid trust

Both attorney offer sound advice. Get with an elder law attorney BEFORE you do anything. It is a huge mistake to do this on your own. You would...