How much tax is owed on $ 100,000.00 inheritance from Ct

Generally, the receipt of an inheritance is not taxable income at the federal and state level. I am not a CT attorney so you should contact a CT...

Does a property in an estate have to be put into the beneficiaries names if the benefiaries intend to sell it?

Perhaps he feels the estate needs to sell the property to become liquid enough to pay the estate taxes. If this is the case, have him show you the...

Deceased work pension

Auntie can step in all she wants, but if you are validly named as beneficiary she is the loser and you are the winner. The beneficiary form...

How much do I have to sell my part of a home for?

You need protection here from your overreaching brother. Hire an attorney to get a qualified appraisal done for the property and to get you a fair...

When my husband died 17 years ago there was a mortgage on the house and about 5 thousand in equity.

You have made payments for 17 and now you are going to do something? You need to get to an estates lawyer 17 years ago-so please, go see a lawyer....

Your brother clearly violated the terms and spirit of the POA and his position as a fiduciary. The court will take a very dim view of his...

If they are convicted felons, a probate court would have a hard time having them serve as executor. That said, you need to hire counsel to help...

If a grand daughter is listed in the will and the next listed is daughter. Can dautghter challenge any of its provisions.

You can challenge anything, but you need to have compelling proof that the will was the result of mistake, undue influence, overreaching, fraud or...

If there are people, named in a 20 yr old will to receive jewelry, but no jewelry - long gone, no value. How do we handle that?

The prior two attorneys are correct. Under the laws of ademption, when the property listed is no longer in the estate, it said to be "adeemed." ...

If i get a tax ID# for an estate but there's no way it will ever go over $600 in income per year, should i still file 1041?

If you file a first and final return for the estate and you have more expenses than income you can pass through to beneficiaries and excess loss on...