Mom Just died with no will. We have joint ownership of main home by right of survivorship.

I am not a NJ attorney, so my comments are general in nature. If the credit card company did not place a lien on the home, then it would appear...

I live in TX and Inherited a personal bank account from my father in law. Do I have to claim the monies as income on my taxes

The prior attorney offers sound advice. The only exception would be if this bank account was in fact an IRA. If it is an IRA you would pay taxes...

Can a trust be set up for a house owned by me so my daughter can deduct the interest and tax payments on income tax

This would not work either. A trust can be either a grantor or a non-grantor trust; either way she is not the owner of the property and as a...

How long does it take for the state of Pa to give a clearance on an estate once the inheritance tax is filed?

It can usually take up to six months in most cases. The prior attorney makes a good suggestion. You should call the PA Inheritance Tax Division...

What happens to an executor/trustee that has neglected both jobs. and her position get revoked who takes over?

The other point to keep in mind is that the executor/trustee should render an accounting to state in writing what happened to the assets during his...

Selected as the best answer

Here is a suggestion. If there is a law firm involved, you should contact them and asked to be brought up to date and kept up to date with the...

International inheritance taxes

From a PA perspective, there is no inheritance tax to be paid as the decedent was not a resident of PA. Hope this helps. If you think this post...

Must all the money be distributed to those in the will at the same time or can multiple checks be given out?

The prior attorneys offer sound advice. I would reiterate that you should not be doing an estate administration in PA without an experienced...

CD's in trust. PA probate

Generally, "in trust for" accounts are a will substitute under PA law and pass by operation of law under the contract with the bank to the adult...

Fixing up a house!

The only person who has the right to improve (protect, maintain, secure) the home is the executor while the house is still in your dad's name. So...