Our parents would like to leave us their coop apartment in a vacation area to be used by all the children. However only two

The best solution is to place the coop into a trust. Then in the trust include the desired provisions to meet all of your above concerns and...

I agree with the prior attorneys comments. For more details on this issue please look at my legal guide here entitled DIVORCED OR SEPARATED...

If this is truly an irrevocable trust hwen established and not by virtue of the death of the settlor, then you take a carryover basis for the...

Trust agreement

Technically, the trustee is the one that makes this call. Practically speaking it is always good practice to get agreement from all beneficiaries....

How can heirs of estate inforce an accounting of assets and expenses in nj., and do we eventually sign off on estate .

Yikes, it has been 11 months and nothing from executor. This is not a good sign. You need to immediately demand in writing an accounting of all...

Probate...What happens to house at Death when owners were divorced?

Without looking at the actual deed to the house no definitive answer can be provided. However, generally under PA law if the house was held as...

How to submit a corrected Federal Income Tax , if an original was submited on time and a refund was recieved already?

Yes it is possible. You and your husband could file a Form 1040X which would include all of your income together. You both need to agree to this...

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My mom in Michigan died in Aug. She had a will and left the house to my brother. What does he do now?

When a person dies with a will, then the executor of the estate must go to the register of wills to obtain letters testamentary. Once the executor...

The answer does not depend on common law for the pension benefits. It depends on who he named beneficiary of his pension. As for social...

No will, can my sister distribute mothers accounts, inventory and anything else in her estate as she wishes?

First, when a person dies without a will, their estate is paid in accordance with the rules of intestate succession of the state where the decedent...