Pennsylvania Living Estate Between Spouse & Previous Marriage Grand-kids

Mr. Masiuk is correct in his assessment. This does sound like a life estate or an attempt at one. Under a typical life estate, the life tenant...

I an addition to what Mr. Benz said, Usually the estate prepares and files the tax return so that deductions can be used. The value is date of...

My father in Wisconsin died and his will was 50% to both my brother and me. My brother is executor.

The question is, is the debt legitimate or not? Is there proof or other writing regarding it? This becomes a fact-specific question so you probably...

A friend would like me to be an alternate power of attorney

A power of attorney could be a very big job depending on the situation. It really depends on what issues the person has and how long they are...

If I transfer my home to my children, how long do I have to wait to sell it so they would get all the gain.

The course of action your propose is usually a poor one. Your mother law may have been lucky in that she transferred the house and didn't need...

Regarding wills and living trusts...

I agree with Mr. Gottlieb. If it is a gift, it is a gift and usually money given to a close relation is assumed to be a gift. If the executor...

Special needs trust

Since you don't provide any facts, you are not going to get the best answer. However, I can say that usually trusts of this type pay monthly...

In Florida, does inheritence lineage pass to an unmarried parent?

What does your brother have to do with the question? Confused. Regarding your nephew - under most scenarios both parents would take the estate...

Do I need a professional appraisal?

Not only for division of an asset among family, but probably more importantly for inheritance tax purposes it is usually advisable to get an...

How to sell a house in a Trust

If you are the trustee of the trust and you are the only beneficiary it should be relatively simple. The buyers title company will want to see the...