Legal rights to property.

There are not enough facts here to give an accurate or complete answer. In any event, if any of the other children are the exeuctors of the...

Can a child's trust be extended?

Remember that the 25 year old is entitled to the trust monies on termination so they become his own at that age. If you are his parent you may...

What steps do I need to do to convert an LLC filed as a PA partnership into an S-corp?

You can not convert an LLC into an S corporation under PA law. What you need to do is form a brand new corporation with Pennsylvania and elect S...

Irrevocable Insurance Trust

The trustee must follow the terms of the trust, not what the beneficiaries say or demand. A trustee must preserve, protect and maintain its...

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Can Your Health Care Agents also be part of Your Durable Power Of Attorneys. Nassau County , New York

I am not sure about what you are asking, but a person can have the same people serve as health care agents (living wills) and DPOAs. I am also not...

Do we need a real estate attorney or CPA help?

The second answer offers sound advice. It is important to recognize that there may be other appropriate estate planning alternatives (family...

I am transferring ownderhip of my NY $400k home to my son in 2010. Will he have to pay a capital gains tax and if so how much?

The prior attorney offers sound advice. Note that your son only pays capital gains tax on the sale of such residence. If you do not transfer the...

How do we get my husbands name on our house?

If the property is still in her name, it would seem that her estate was never administered or it has not been completed. The only person that can...

My brother recently died. He owns 1/3 of our property which is under our names. His wife and their children would like to sell

Your facts are somewhat vague, but here are some thoughts that may help. At your brother's death his assets are stepped up to the date of death...

Your son's debts are not your debts. You state that you did not sign any contracts obligating you for any of his debts. As a result, you are not...