Tax liability of a co-trustee
The answer could vary widely depending on the terms of the trust. First, I assume that you are also a beneficiary or your children are...
Philadelphia, PA
Probate Lawyer at Philadelphia, PA
Practice Areas: Probate, Estate Planning, Tax
The answer could vary widely depending on the terms of the trust. First, I assume that you are also a beneficiary or your children are...
Your Dad's will is meaningless, since your step mother now owns the assets. Her will will be the controlling document. You should talk to her...
A verbal request will not work. The insurance company will pay to the named beneficiary. However, if the named beneficiary disclaimed, then it...
Personal debts of a decedent are to be paid from their estate. If the person died with no assets, no one else is responsible for the debt. Having...
This is not really a legal question. Your brother is a bad credit risk and you would never enter into any transaction with him if he was not a...
Generally, only probate assets, those that pass through the will, are used to create the bulk of the executor fee. A very small percentage is...
Have you signed any non-compete agreement or is there a non-competition clause in an employment agreement that you have signed? If not and you do...
Generally, an estate is closed when all debts are paid, taxes are paid and all amounts remaining in the estate have been distributed to...
Generally, the estate checking account is used to pay administrative expenses, funeral expenses, debts of decedent. So the estate checking account...
Does she have a will? This would provide for who gets what. However, in PA a spouse can claim a statutory forced share if the will does not...