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In estate planning is it normally a federal issue and not a state issue because the estate taxes have to be paid to the
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Answered on July 15, 2015
Not really sure what your question is....depending on where the decedent lives, they are potentially subject to federal and state "death tax." For...
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If a gift of real estafe was given to me and it is showing up in my tax return. What happens once the gifter
Steven's answer
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Answered on July 15, 2015
Not clear what you mean by the gift showing up on your tax return - is it a rental property and you have rental income? Because as far as a gift of...
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Can one explain how real estate taxes are assessed and increases determined on residential property? My neighbor's home recently
Steven's answer
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Answered on July 15, 2015
Most municipalities have tax assessors that periodically look at all the properties and assign a value to them. There are procedures for appealing...
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Do ineed an estate account or can i bypass probate
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Answered on July 15, 2015
If the life insurance is payable to you directly as the named beneficiary the assets passes to you as a "non-probate" item which by definition...
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I need to update my will - I have two additional children now and need to modify it. Can this be easily done?
Steven's answer
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Answered on July 14, 2015
Probably best to have a review of your entire situation but if that is all that needs to be done it should be fairly easy. I doubt you'll find...
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Getting House Deed Switched After Death of Spouse
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Answered on July 14, 2015
If the house was only in her name and she had a will the will controls...if she had no will the law of intestacy controls. See attached link...
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How can my twin and I stop our older sister from renting and/or letting her children stay in our (3 sisters) inherited home?
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Answered on July 14, 2015
If the estate is completed and you and your sisters own the house - presumably as tenants-in-common meaning you each own a third you each have...
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How can we find out if a Will has been released from Probate in Washington?
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Answered on July 14, 2015
Call the probate court / office in the county where the probate was opened and they should be able to at least guide you in the right direction and...
Need help adding my girlfriend to my house deed
Steven's answer
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Answered on July 14, 2015
Having a new deed drafted is pretty easy - the issues really are the mortgage and what happens if the relationship doesn't last. Therefore you ...
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How can I avoid taxes on distributions from an inherited trust?
Steven's answer
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Answered on July 14, 2015
Have you spoken to the trustee yet about your concerns? More than likely if the estate has been settled then any death taxes (inheritance, estate)...