Philadelphia, PA
Probate Lawyer at Philadelphia, PA
Practice Areas: Probate, Estate Planning, Tax
You should look over your documents or old tax returns to find your husband's social security number. You may consider filing married filing...
Is it not a fundamental truth in life that if you do not follow the rules something wrong will happen. This is really no different; get an estates...
Only probate assets are liable for estate debts. If you have used all her assets to pay debts, then that is it; you are not responsible for her...
From a tax perspective, be aware that you will take a carryover basis in their home instead of a step up in basis that occurs at their deaths. ...
The prior two attorneys have highligted the tax issues involved here. This is never an easy choice and a forum like this is no substitute for...
The trust return reports income during the period in question, not its principal. So whatever income that was recognized during the tax period in...
You should be reimbursed for all of these expenses as they are debts of the estate. As for your mom, you can give her $13,000 per year gift tax...
Since lien priorities are based on who files first, it seem extremely unlikely that a lender would lend you funds and take a position behind the...
If you file married filing separately, it usually results in a higher level of overall taxes than if you filed jointly. So filing jointly is...
The alimony portion is taxable income to you, while the child support is not taxable to you. Hope this helps. If you think this post was...
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