Death and Tax Lien
This is a very difficult issue with no clear answer. Generally, the probate estate is responsible for the debts of a decedent. Here the IRA is...
Philadelphia, PA
Probate Lawyer at Philadelphia, PA
Practice Areas: Probate, Estate Planning, Tax
This is a very difficult issue with no clear answer. Generally, the probate estate is responsible for the debts of a decedent. Here the IRA is...
This answer can vary widely depending on how this retirement fund is structured. It may be that if you are the beneficiary it will be paid to you...
Well it is too late for your mom to have him draft a simple will that would have disinherited these children. This is just another example of...
First, a POA, even a durable POA, lapses at the death of the maker. Second, is she has no will then the next of kin can go to the Register of...
If an estate has a lot of expenses, debts and taxes to pay, this can result in beneficiaries not getting what the will or trust provides for them. ...
Yes you can stop paying on the mortgage and let it go into foreclosure; or as the prior attorney stated the bank may simply take back the deed in...
The reason why you need to file is because the IRS requires decedent's to report their income for the final year of their life. So, an income tax...
You have just graphically described the reason that laws have statute of limitations. This matter is just too old to pursue; save yourself some...
The law requires you to report this income regardless of whether the employer withheld. You will be subject to both income tax and social security...
An income tax return for your dad is required for the period 1/1/09 to date of death in December. That return will include all income he earned to...