Do estate bank accounts have to be set up in the same state as the decedents original bank account?
Yes they can be set up in a different state. However, they are subject to the rules of the state of administration. Hope this helps. LEGAL...
Philadelphia, PA
Probate Lawyer at Philadelphia, PA
Practice Areas: Probate, Estate Planning, Tax
Yes they can be set up in a different state. However, they are subject to the rules of the state of administration. Hope this helps. LEGAL...
The real question here is whether your sibling is making sound investments and acting with due care and protecting your mother's assets. Is he...
First, get a copy of the will from the probate court. It may be that there is a "trust under will" contained within the will. Or there may be a...
The prior attorney has given you sound advise. Your concerns are quite valid here and you can make changes through a notarized amendment. One...
The excellent answers of the prior attorneys give you good advise. The only thing to add is that in these matters the ultimate determination as to...
Only his parents are to report the rental income and expenses they incurred on the home. They must report all the rental income and any expenses...
I feel your pain. I have had this problem with numerous clients. The Philadelphia tax system is just horrible. For example, I had a situation...
You know the old expression "You can not fight city hall" is still applicable. You must meet the detailed requirements set by law. Get your 2...
Tax perspective on your problems: If you are asking who or what to pay, it is hoped that you have kept current in paying payroll taxes. You are...
This is a bad idea, unless you have no other choice. If the buyer can not get traditional financing he is not a good credit risk, so why would you...