Philadelphia, PA
Estate planning Lawyer at Philadelphia, PA
Practice Areas: Estate Planning, Probate ... +6 more
You need to sit down with an attorney right away. That is really the solution because you are a fiduciary if you are her agent under a POA. You...
Ms. Toussant is correct - if she has capacity she can execute a power of attorney to name you as her agent. If she does not have capacity you...
More than likely the action would be through the Register of WIlls not the Orphans Court - at least not yet. I would call the county Register of...
Just for comparison sake: I specifically tell clients if I will or will not fund the trust for them. I usually do not b/c it is not cost-effective...
Beneficiaries should be notified once the estate is opened (will is probated). If the will has been probated it would be on record with the...
The other attorneys gave you a good answer. You are responsible for inheritance tax on the joint account (and the rest of the estate for that...
In the absence of any other language the check would be made out to both of you - it's up to you from that point on how to work it out.
You need to know if the distribution was trust income or trust principal (or both). The income portion distributed to a beneficiary is taxable. ...
In nearly all cases the principal of a trust is not going to be considered income to the beneficiary. THe income the trust makes will be taxable...
This situation requires a thorough analysis of the family tree to really get you a good answer. You should contact an attorney - probably in the...