Archived
If you have a will and sell a house in PA - do you have to pay probate tax before dividing the property as per the will ?
Peter's answer
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Answered on October 01, 2014
Print out a copy of the Pennsylvania Inheritance Tax Return and follow along on the instructions, that will help you see how the tax structure...
Archived
How do I know when it's safe/time to distribute the assets of an estate
Peter's answer
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Answered on October 01, 2014
Creditors have 8 months to make a claim vs. the estate, so you could use that as your deadline, but remember the first creditor is you....you get...
Time limit to petition court for an accounting of an estate
Peter's answer
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Answered on October 01, 2014
If you believe that the Agent needs to account for some bad behavior, you can petition right now. The petition for accounting of the Agent is...
Archived
My grandfather passed approx. 1960. He had a home and never was married and never had children. He had two brothers
Peter's answer
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Answered on September 25, 2014
Welcome to what we call a "Philadelphia Will", which is when the deed like this is not correctly updated and filed. Philly has many houses like...
Archived
How does medicaid go about getting their money back when you are the beneficiary of an estate? I know that medicaid is not free.
Peter's answer
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Answered on September 25, 2014
It s not clear yet if his mother has died, or if this is a future inheritance. If she has not died, she can form a Soecial Needs Trust for her...
I am purchasing the two remaining family cemetery plots from my recently
deceased mother's estate. I have two siblings.
Peter's answer
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Answered on September 23, 2014
I think you are mixing up taxes, as there is no PA estate tax any longer. I think you are asking about two different taxes, the PA Inheritance Tax...
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Archived
Is a trustee of irrevocable trust in NJ obligated to provide periodic accounting if beneficiary doesn't request?
Peter's answer
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Answered on September 22, 2014
If you are the beneficiary of a NJ trust you can ask, and the trustee must provide, certain information about the trust assets and expenses. It is...
Archived
I have been appointed by an executor to handle the financial payments pertaining to the estate. On the estate checking account,
Peter's answer
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Answered on September 21, 2014
What you describe is an odd situation, as the executor or the estate attorney normally are the only people who handle estate funds. If the...
Do I need to register Power of Attorney?
Peter's answer
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Answered on September 19, 2014
Some info, you do not need to register the document, but as you use it everyone will want a copy. Do not give away the original...you will not get...
Hi, my grandmother wants to turn her house over to me.
Peter's answer
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Answered on September 19, 2014
Pros and cons: She can make a gift to you of the house now and it will be in your name. That might be a good thing or bad...do you have creditors,...
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