PA inheritance tax on out-of state inherited property (living estate to parent), but owned between 2 siblings- 1NY, 1 PA

Pennslyvania exacts an inheritance only on real estate located within Pennsylvania. Hope this helps. If you think this post was helpful, please...

Is the estate executor required to share the details of his parents' estate with his sibling?

Well what other recourse is there at this point if he will not communicate with his loved ones. You need to retain counsel, immediately, before...

In addition, you may have your dad give you the power to name a successor trustee during your lifetime or at your death as an additional form of...

My bro set up a College Trust for his son. He is now destitute and on the street. Can the trust be broken so he can live?

This is the little understood problem with completed gifts. Once done they can not be reversed. This is a very sorry situation with no...

Trust deed, what are my options for selling?

The decision is made by the trustee and not the beneficiaries. In addition, you should read the trust document to see if it allows for such a sale...

Trust deed looking to sell

The decision is made by the trustee and not the beneficiaries. In addition, you should read the trust document to see if it allows for such a sale...

How Long should employer keep tax records?

Please see my tax guide that gives some general guidelines in this area entitled How Long Should You Retain Records...

My aunt died 12 years ago and she told my she left me money in an insurance policy

This does not sound good. By the way, why are you now raising this issue after 12 years? It is never a good idea to let this type of time elapse...

Older man gives money as a gift marks on checks as loan in memo there is no loan agreement he passes away 4 years later 2 months

This memo is very strong evidence. Unless you have something in writing that can refute this or any witnesses that can state that this was a gift,...

If I'm on my dads checking account and he passes away do I pay inheritance tax?

Yes you do have to pay taxes at the rate of 4.5% on either the entire value if it was a payable on death account or 1/2 the value if it was a joint...