What are the tax implications of property held Joint Tenants?

Gnerally, since your sister includes her joint tenancy interest in her estate, you can get a partial step up in basis to the date of death value of...

My fiance's uncle is petitioning my fiances right to administrator of estate is it unacceptable to go to court without a lawyer?

It appears that there is no will, so the decedent died intestate. So the administrator is usually given to next of kin based upon their closeness....

My mother in law passed and left my wife with $125k in an account oversea, where she was from. Do we need to pay tax on it?

Generally, inheritances are not taxable to the beneficiary for federal income tax purposes. I am not a CA attorney so I can not offer an opinion...

Sould the executor of a will get it filed before death of the testator?

In most states the will is submitted to probate with a death certificate and related documentation at the death of the maker (testator) of the...

What happens to someones inheritance once the pass away

If the money is place in trust, then at the death of your father the terms of the trust as drafted will lay out who gets the remaining balance in...

My mother died back in 99 she left me the rites to a claim, the money has been put in a trust under my name,she had a husband

I assume you are concerned that he may have a right to some of this trust money. To be sure and conservative, you need to hire a private...

How is the money split if one heir dies before the sale of an estate.

I agree with the prior attorney in that the will usually provides a condition for surviving, normally 90 days. However you state the will has no...

We want to leave our children/grandchildren our home, but we want to live in it as long as we live. How can we make this happen.

Your wills can provide for this distribution at the death of the second for you to die. This is the simplest and it will give the children and...

Absolutely. In fact it is always a good idea to have non-related parties sign as witnesses. Hope this helps. If you think this post was...

My wife recently passed away. We lived in different homes and shared a home out of state. She had credit cards in her name and

If you did not cosign or guarantee the debt, then you are not liable. However, understand that the estate would be liable for such debts. No...