We want to transfer ownership of house to our son

From a income tax perspective, remember that if you make this gift your son will take a carryover basis in the home rather than getting a fair...

How does a non profit organization register in pa

To operate as a tax-exempt organization in PA, you generally must form a corporation. This tax exempt organization needs an EIN to operate and...

Under PA laws, gifts within a year of death are brought back into the taxable estate. So PA is saying that the 1/2 that went to you is taxable,...

If I signed 8332 in 2006 for my sons father but now I am not working and want to claim my son every year

You are in luck. If you look at the Form 8332 there is an area designated PART III REVOCATION OF RELEASE OF CLAIM TO EXEMPTION FOR FUTURE YEARS. ...

Is post-mortem interest part of the estate in Pennsylvania?

The PA inheritanace tax base does not include post mortem interest. So when completing the PA inheritance tax form you must include only the...

Heir Property

To be really careful, you should make sure that he did not change the ownership of the property by recording a deed putting the property in his...

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Uncle has died with no will one year ago - his estate has to be divided between 3 family members.

You really have not given a lot of facts here. But it usually takes some time to pay all debts, file all tax returns, pay inheritance taxes, get...

What rights do surviving children have to estate property in NC?

They are just talking. Children generally do not have an absolute right to inheritances if wills and will substitutes (joint property, beneficiary...

Poa

Well, your mother can stop him by revoking the DPOA. Or you can petition the court to have him removed as being unfit. Also, note that if he does...

What to do?

The plan may have as the registered beneficiary someone who has died and the administrator needs to pay the remaining balance in accordance with...