I am not clear from your question whether the insurance company has it set up to go to a "UTMA" (Uniform Transfers to Minors Act) account or an ITF...

My brother passed away in 2009, without a will. He did not have property, he has about 114,000. From an IRA.?

If the IRA goes to the estate (has no named beneficiary) you have a problem, although it has been a while...if the account has a beneficiary the...

Was the IRA already processed as having no beneficiary (meaning; to the estate)? If so it may be difficult to undo it. It would likely be up to...

On a NJ inheritance tax return, do I need to list all accounts, like CDs, that have passed to beneficiaries on Schedule B(1)?

Whether an asset passes under a will, trust or beneficiary designation is not indicative of if it is taxable. I would say that the answer to your...

Do I have a legal right in Nevada to ask the executris of my grandmothers will for financial statements related to the trust?

Depending on your relation to the trust, you have a legal right to ask the TRUSTEE for financial information about the trust. The same is generally...

A relativerecently won a lawsuit now they want to pay off my mortgage which is like 200,000,would they have to pay the gift tax

They can give you whatever they wish. As was stated they would have to file a gift tax return for doing this but depending on the size of their...

My stepfather passed away( he has 2 children). My mother passed away 12days later( my mom has 3 children). No children together.

Ms. Stewart is 100% correct in her assessment based on the facts presented. You would be wise to hire a lawyer to assist you in administering the...

Living and normal wills

You can certainly name a friend or your attorney or a trust company as your executor/agent. The executor of an estate is required to notify...

A name is just a name - you could call it the Lefthand Smokeshift DooDad Trust. Sometimes the institution will notate on the account or titlling...

It is not the easiest question to answer believe it or not. Many attorneys charge hourly but attorneys and executors often refer to a chart...