Do i have any claim on my moms house whe she dies id my sister is on the dee too? as far as i know there is no will.

If it is a valid and properly executed deed and your mother has capacity to do so, assuming the deed is worded properly to be joint with right of...

We are the beneficiaries of my uncles 401K but live abroad (NL). We were told to send in W-8 or W-9 form. What to do?

Most likely you will have to use the from W-8BEN which indicates a non-citizen has a beneficial interest in property located in the U.S. I would...

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A friend passed away and left everything to his wife.. He had a rental property in just his name. How does title pass to her?

You say he "left everything to his wife" which I take to mean everything but this house was joint with right of survivorship. This must be the...

My friends mom recently died and all assets went to the estate. After all debts and taxes are paid the estate has approx. 250k

I don't think I understand how the two people (your friend and her brother) would be entitled to an inheritance from the probate estate if they are...

I recieved a grant deed in my name for a property as a gift, the property is valued at 40,000.00 what will the gift tax be?

Those who receive gifts (donees) do not pay gift tax. Those who give gifts (donors) may pay gift tax although usually not until after they die...

Well, for starters if the will that someone has is a copy, it will be an issue as you typically will need the original will in order to have it...

My parents set up a Living Trust, my father has now passed away but my mother is still living. We would like to make changes

I agree completely with Mr. Paxton. Have an experienced attorney review the documents to determine your options. Many living trusts offer the...

You appear to be confusing terms or concepts a bit. An agent under a power of attorney is different than a trustee under a trust. In most living...

If I take my name off a deed to give my mother sole house ownership how does it affect me in taxes when she sells it?

I would make sure that you meet with an attorney. Depending on your mother's goals this may be a bad idea and completely unnecessary. For one...

What will be the estate tax exemption amount in 2013?

Technically it will revert to $1,000,000 per person. However it is likely that Congress will put a last minute patch in place to raise that or...