I'm an Italian citizen and worked in US for 3 years.I own mutual funds with Chase. Do I have to file a tax return for 2014?

Did the investments earn taxable income during 2014? Did you receive a 1099 from Chase for taxable interest / dividends?

What are the US forms I need to file for an inheritance ( over 51K) I received from my grandfather who never came to the US?

Before this question can be answered you need to clarify - are the assets held by you in a foreign bank account (but originated as an inheritance)....

Trust Law

You need to seek legal advice - what you propose may or may not be possible and even if it is it may not be advisable.

Ms. Stewart gives you a wonderfully thorough answer. Could not have said it better myself.

In probate , My sister has passed and I'm including my sisters kids (my niece and nephews) in the distribution of my moms estate

Sounds like you need an attorney. But if your mother died and was survived by your sister the share of your sister would have vested in your...

When obtaining power of attorney do the rights of the agent supersede the rights of said blood relatives?

I think you are saying the person naming you as "agent" is not a blood relative but a godparent? A competent individual is free to name whomever he...

If a decedent made a will, omitting the spouse when married, the surviving spouse is entitled to claim the "elective share" of the "augmented...

You can't legally forward the mail yet. You have to get the first executor to decline/renounce, then you have to open the probate. Then you can...

My brother funded a 529 College Fund for my kids. I am listed as the participant. He is not on the accounts at all.

I find this to be legally very interesting. The 529 plan idea is really based on the theory that it is a gift which would imply that he does not...

Is it worth the price and/risk to set up a trust for an estate consisting of only 2 real estate holdings in NY?

What is the risk you are referring to? It is hard to say what the $5,000 fee means without knowing the complexities of the planning - it is not...