Myself and my 2 siblings are listed as inheriting two thirds of our fathers home when he passes and his current wife inheriting

You need to have a local attorney advise you about any homestead rights she may have. Absent that issue, if owners of a property cannot agree on...

I think you may mean she was "beneficiary" (she may have also been successor trustee)? Whether or not these transfers are proper depends on how...

In most cases, yes. Contact a CPA and an attorney if you are administering a trust. Remember you are a fiduciary.

TRUSTS | How many different types of TRUST are there? What is the up/down sides to forming a TRUST?

There are many different types of trusts. Protection from creditors is possible but usually not cost-effective for most "average" people. For...

My friend in Texas; said he could not sell his house... because house owned by a "land" TRUST? Is this true-possible; how???

A piece of property can surely be owned by a trust. The person who usually sells a piece of trust property would be the trustee of the trust. Not...

Should I do a deed in lieu for a home left in a living trust?

Why would it effect your credit? So long as you as trustee and/or executor did not mismanage things it is an estate/trust matter only.

What do I need to do to take over ownership of my folks paid off home that was part of their living trust?

Not sure of the particulars because if the trust says to distribute the house to you that is what you should do - you can deed the house from the...

If a deceased person did not have a will, no estate, property, etc, does it still need to go to probate?

Double post - see prior answer.

If a deceased person did not have a will, no estate, property, etc, does it still need to go to probate?

I agree that if you are beneficiaries (like an insurance policy) then you should not need probate at least as to this item but obviously you are...

Selling deceased parents house - no money to pay inheritance tax and seeking a recommendation regarding attorney

I practice in Philadelphia. The loan interest may be greater than the interest on the late filing, but you just have to be aware of that. It is...

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