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Besides property what else must go through probate court if it passed through legally and reported to irs and was reported to
Steven's answer
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Answered on June 24, 2014
This question is very confusing as written. The IRS deals with income and income tax. Probate deals with all the property the deceased owns at...
Archived
If your spouse was mentioned in a will to inherit a home but winds up dying can the wife inherit the home then
Steven's answer
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Answered on June 24, 2014
You would have to review the will. Typically a spouse does not inherit in the situation you describe, more likely it is the children of the...
Can my dad's Will be contested if he left all to charity and left $1 each to his 4 children that he disowned 50 years ago?
Steven's answer
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Answered on June 23, 2014
Can you challenge his will because you don't like it? Sure you can! But you won't win because of that. Assuming he has the mental capacity to have...
Archived
Hello,
I am seeking advice on how to obtain power of attorney over my father who is turning 80. Per my fathers request.
Steven's answer
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Answered on June 23, 2014
If your father has capacity, he can name you as his power of attorney immediately upon his request and make all his accounts POA accounts.
Archived
If a person has their Will made in one state, and the person moves to another state, does anything about the Will "rules" change
Steven's answer
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Answered on June 23, 2014
Generally speaking if a will is validly executed in one state it will still be valid in another. Sometimes there are state issues that can change...
Archived
I have DPOA for a person , if the person has to go into a rest home can I transfer the property to my name and continue payments
Steven's answer
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Answered on June 23, 2014
You should have legal advice so that you carry out your duties properly. Generally, transferring property to yourself is not permitted...
Archived
If someone is left money in an estate and there is no money, can they get it from someone who inherits property?
Steven's answer
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Answered on June 23, 2014
You would have to review the will and estate paperwork in detail. You have to evaluate if the gifts in the will are specific or general or a part...
Archived
My mother passed away before my uncles estate was settled. Should I be asking more questions?
Steven's answer
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Answered on June 23, 2014
Mr. Wagner gives good advice and I would take it. Why did it take so long? Who knows, there could be many reasons - no one acted, litigation,...
Archived
Does a POA need to be informed that he/she has been replaced by another POA?
Steven's answer
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Answered on June 23, 2014
As was stated, notice would normally be provided to the outgoing agent. If someone has dementia they are not precluded from signing documents, but...
Archived
I have a sizeable IRA and my adult daughter is the beneficiary. What is the PA inheritance tax on the IRA.
Steven's answer
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Answered on June 20, 2014
You don't mention any of your other assets and who they are going to, which is a part of the picture, or if you have a will with a proper tax...