Archived
A trust is being set up for me as I am inheriting money from my late father . what rules will be set for use of that money?
Steven's answer
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Answered on December 09, 2014
The trust document would have to reviewed to determine what the terms of the trust are. No one here could be able to give you any answer without...
On line 7 of the PA inheritance tax return there is a space for "separate billing requested". What does that mean?
Steven's answer
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Answered on December 09, 2014
Depending on the will (if there is one) the inheritance taxes may be paid by the estate or by the recipients. If the will does not direct inh tax...
Archived
How should I file my taxes for 2014 after a divorce?
Steven's answer
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Answered on December 09, 2014
The rule is that if you are not married as of the end of the year, you would file single or head of household if you qualify.
Archived
My grandmother has a will but there is no mention of her house in the will, what happens to her house?
Steven's answer
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Answered on December 09, 2014
If property (of any type) is mentioned specifically it goes to whom the will says. For property not mentioned, most wills have (or should have) a...
Archived
My father was recieving a trust and passed away, how does the trust get released?
Steven's answer
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Answered on December 09, 2014
You appear to have two issues: 1. Who are the beneficiaries for the remaining trust property? That will be clear (hopefully) from the document. 2.)...
Archived
How limited is a Trust and estate attorney when it comes to working other states?
Steven's answer
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Answered on December 08, 2014
An attorney can only practice law in the state(s) he/she is licensed in. Usually the estate planning of a client is based on their state of...
Archived
In Pennsylvania, when filing for Durable Power of Attorney, is the document filed at the courthouse?
Steven's answer
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Answered on December 08, 2014
A durable power of attorney is in some cases recorded with the recorder of deeds office if there is or is going to be a transaction involving real...
Archived
I have been named the Executrix and Beneficiary of my best friend's will and Life Insurance.
Steven's answer
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Answered on December 04, 2014
If she uses competent advice she can do what ever she wishes. There are methods for preventing or minimizing the effects of challenges to her...
If i put land in kids names, no house, and need medicaid w/i 5 yrs for n care- will DFA deny me medicaid?
Steven's answer
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Answered on December 03, 2014
It is certainly possible that if you made a prohibited transfer you would be subject to a penalty for those transfers that would delay your...
Archived
Do probate judges look at liens or debts of heirs of an estate before distributing inheritance.
Steven's answer
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Answered on December 02, 2014
They can check, but that is not their problem, it is yours unfortunately.