Can my husband and myself be obligated to pay his parents debt?

It would seem that your sister would be liable for the debts if she is co-signing. Generally and based on the facts presented, you would not be...

Left out of The Will - Angry

I concur with the answer from Mr. Obrien. It would be very difficult to overturn his beneficiary designations. You have to prove something along...

How much i have to pay taxes of 15000 from an ira account if i wanted to withdrawl

In addition to the points raised by Thoung, be aware that if you under 59 1/2 you would also suffer penalties for an early withdraw. There are...

I want to start an online based charity that meets 501(c)(3) standards . Is this possible? Who would I pay taxes to?

In addition to the important considerations discussed above, you need to be aware that the IRS has increased their scrutiny and oversight of tax...

Is Inherited Money Taxable?

Generally, a beneficiary does not owe income taxes on assets received from a decedent. There are some exceptions however. One called "income in...

Do I owe Federal Income Taxes on money and property willed or made as "pay on death", or as "in living trust"?

I think your question relates to income taxes on inheritance taxes. Generally, a beneficiary does not owe income taxes on assets received from a...

How Difficult is it to change a Family Trust?

You need to review the terms of the trust. What does it say concerning a default or breach by the life-tenant when she does not honor her...

Options for selling my portion of an inherited house when someone else lives there in life estate?

You need to look at the actual language of the so-called "life-estate" interest and your interest as a remainderman. Without looking at such...

Mr. Evans nailed this answer. Get an experienced estate attorney to draft a solid will.

Without an originally signed and valid will, no one has the power to act for your grandmother's estate pursuant to the will. You need to locate...