Gift tax on down payment of home?
If he exceeds the yearly gift limit to you (14,000) then he has to file a gift tax return. That does not mean he has to pay gift tax. If it was...
Philadelphia, PA
Estate planning Lawyer at Philadelphia, PA
Practice Areas: Estate Planning, Probate ... +6 more
If he exceeds the yearly gift limit to you (14,000) then he has to file a gift tax return. That does not mean he has to pay gift tax. If it was...
You need a lawyer very badly. If you have capacity you can revoke the Powers of attorney and/or execute new powers of attorney. The key is to...
If the power of attorney as executed is not valid due to lack of mental capacity and the person continues to lack mental capacity a guardianship...
Usually estate debts/bills of maintaining the estate are paid by the executor. But there could be other issues - lack of liquidity or an...
A beneficiary is typically entitled to a copy of a trust.
As mentioned, for federal (IRS) purposes you can exclude 250K (or 500K if married) of the gain if you have maintained the property as your...
As was mentioned, the will should be followed - which would include property and rents on real estate. Not sure who was handling the estate as the...
Yes. Depending on the situation with the closing, the lender / closer may allow the closing package to be signed ahead of time by the sellers (the...
If you have a specific legal question try to restate it so you can get some responses. This question doesn't have any details and is very...
As was mentioned in so many words, contesting the validity of a trust such that one who contests can be disinherited (common in "no contest"...