Is there a way to stop a parent from giving gifts from estate to children??

Both attorney offer sound and comprehensive advice. One point however that you could raise to your dad is that when he gifts real estate to...

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Mother in law wants to leave us her house when she passes away, but all she's paying on is the interest. Can we take it over?

Yes you can take it over by her simply drafting a will and naming you as beneficiaries. From an income tax perspective this is a better option...

Can I purchase about 5 or more acreas from my elderly parents.

In addition to all of the issues so aptly discussed by the prior esteemed attorneys, you also have tax issues. First, if you are not on the deed...

Would I be considered an interested party to my sister's estate since we have a vacation home that we own jointly with our dad?

Get an estates attorney immediately to assess your situation. As to the joint property, depending on its actual titling her interest may pass to...

What documentation, if any, is needed to file against a persons estate?

Ms Goldstein is not the only one confused. If a person has loaned money to a decedent and has proof of such loan then the estate would be liable...

I live in Texas, and my parents are deceased I am the only child

You need to get with an estates attorney to probate their estates and to then transfer the property into your name. By the way, if you are taking...

My parents say they don't need a will if their assets are also in my name. (I'm an only child.)

This may be true but as to the investment account, you will not get a step up in basis. Also, what happens if they have assets that they are not...

Is a gift to an irrevocable trust a "gift" for tax purposes?

Although I substantially agree with both attorneys, please be aware that the annual donee exclusion is only available to gifts of a "present...

Our grandfather (deceased) established a will for his 4 children + 1 granddaughter.The granddaughter is the only remaining heir,

Both attorneys offer sound advice. The point here is that you need to sit down with an estate attorney preferably an LA estate attorney to...

My assets are in a Living Trust, including my home. If I enter a nursing home, and all my money assets are spent to take care of

Mr Frederick really gives a complete answer. The only thing to add is to reinforce the need to get a qualified and experienced elder law to go...