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My wife's brother is executor for her grandmother's estate and is being very opaque in the documentation he provides
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Answered on July 16, 2012
It sounds like you are a beneficiary and have not retained counsel to represent you. You should consider hiring an attorney to represent you as a...
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Estate has been open over 2 years. Executor just signed fiduciary deed on the family home over to the 4 beneficiaries.
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Answered on July 16, 2012
You are correct that once the house is owned by the new owners the estate should not be carrying the costs. Although depending on the...
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I have a will leaving my entire estate to my minor grandchildren. No one will take on the responsibility of being "executor".
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Answered on July 16, 2012
I agree you could ask a bank to be "trustee" (and also executor). Or you could ask your attorney, I assume you have one. Or you could develop a...
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I ammended 3 yrs of my deceased parents IRS returns. I received an IRS refund check payable to me. Do I give it to the estate?
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Answered on July 16, 2012
Mr. Fromm is correct as usual. Also it is not payable to you - it is payable to you as executor which is very different.
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Taxes on short sale
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Answered on July 13, 2012
You will likely be issued a discharge of indebtedness 1099. This means that the written off amount could be taxable income to you. However, if...
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What is the estate tax liability-both at the federal and PA state level-for two small life insurance policies totalling $550.00?
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Answered on July 13, 2012
If this is a PA estate life insurance is not taxable for inheritance tax purposes.
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I am admin of mom's estate. I was her POA for all, had all her paperwork & in control of her $. She lived w/ us.
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Answered on July 12, 2012
Run do not walk to an attorney. This is an accident waiting to happen.
Archived
What is the exact amount an executor receives of 800,000.00?
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Answered on July 12, 2012
If you are asking what is the executor's commission, in a NJ estate the executor receives 5% of the first 200,000 and 3.5% of the amount between...
Do I need to file a Will with County Clerk?
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Answered on July 12, 2012
I am sorry for your loss. The answer to this question depends on whether you have any assets that would require the will to be probated. If you...
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My uncle died intestate. Non-blood relatives want reimbursement for funeral expenses. I was not close to this uncle.
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Answered on July 10, 2012
In most states, I believe NY is included, but I am not licensed in NY, funeral expenses are a priority claim which means they are to be PAID IN...