Archived
My Mother died in Penna in 2007, the will stated we get no inheritance until her husband passed away which happened in 2011.
Steven's answer
|
Answered on June 21, 2012
I am confused by this question. Are you being approached by a taxing authority of some sort? You do not have to pay income tax on inheritances,...
Archived
What can you do as an attorney when co-executors won't agree on anything? Can the court do anything to remedy this?
Steven's answer
|
Answered on June 21, 2012
The short answer is yes there are a number of things you can do. I assume you are another beneficiary who is frustrated by the process. You can...
Archived
Do I have to open an estate if the deceased has annuities?
Steven's answer
|
Answered on June 21, 2012
Mr. Pippen is correct. If these annuities are the only assets and they have beneficiaries designated you may not need to open the estate. You...
Archived
Are there any tax ramifications to me of my 3 kids signing quit claim off a property we all jointly own free and clear in WA st?
Steven's answer
|
Answered on June 20, 2012
So you all (4) (3 kids, one adult) own a piece of land? And you are all agreeing that the 3 are giving it to the 1 for no money? The donors of the...
Archived
Should I go to irs, explain and file or wait for them to come to me?
Steven's answer
|
Answered on June 20, 2012
I do not think things are nearly as bad as you think:
1. Regarding the unemployment issue - if you think you committed fraud in collecting...
Archived
In Delaware is the revenue generated from the sale of a deceased persons home considered an asset of the estate?
Steven's answer
|
Answered on June 19, 2012
If the home is a probate asset (wholly owned or owned a portion as tenant in common) then it is included in the probate estate for all purposes...
Archived
Does an life insurance policy have to be part of a probate if 2 out of the 4 beneficiaries listed are also exeucutor of the will
Steven's answer
|
Answered on June 18, 2012
Mr. Fromm is correct: a life insurance policy payable to a person is payable to that person - the fact that they also fulfill the dual role of...
Archived
I signed a waiver of accounting for my fathers estate (in California). Now Executor has hired an accounting firm.
Steven's answer
|
Answered on June 18, 2012
Mr. Wiley makes a good point about the "estate accounting" versus the estate tax returns if that is the point of confusion?
Also, many times the...
Archived
Am i obligated to pay tax with super low income?(1099)
Steven's answer
|
Answered on June 18, 2012
Are you receiving 1099s or not? If you have 1099s (and usually you'd only get them if you made more than $600 per employer) you have to put your...
Archived
Can a person (executor) file a will themselves in court in Mississippi? Does a lawyer have to file it?
Steven's answer
|
Answered on June 14, 2012
In most states and in most situations the following will apply: there is only 1 valid will, usually the last executed will which usually states...