Questions answered by Jay G. Fischer

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Do I have to send a copy of the will to my step kids

Jay's answer | Answered on February 11, 2016

If the Will was filed with the Register of Wills, they are entitled to an Orphans Court Rule 5.6 Notice which indicates that the Will has been...

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What are my liabilities and responsibilities if I am the trustee vs. if he sells the properties to me outright for $1?

Jay's answer | Answered on February 04, 2016

Your responsibilities as Trustee would depend upon how the Trust is structured. The Trust could make you responsible for paying all the expenses...

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Is it against the law to not file an estate on a deceased person without a will?

Jay's answer | Answered on January 28, 2016

First, it is not against the law not to file the estate if there is no reason to do so. If you are the named beneficiary on the 401-K, you do not...

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Can I apply the inheritance tax rate to each heir individually when I distribute to them their inheritance funds?

Jay's answer | Answered on January 21, 2016

Unfortunately you have not provided enough information to respond to your question. In many cases the Will contains a clause that specifies how...

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Would you recommend I sign this form?

Jay's answer | Answered on January 15, 2016

I fully and completely agree with Ms. Stewart's excellent explanation of the normal process to distribute the estate. If you have any questions,...

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First and final accounts should include new accounts that were made by the estate?

Jay's answer | Answered on January 12, 2016

Generally the First and Final Account will list all the assets received by and administered by the personal representative. This is generally...

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Financial POA issue...do I have recourse?

Jay's answer | Answered on January 07, 2016

I agree completely with the excellent information provided by Ms. Stewart. This is the unfortunate consequence of using online resources which are...

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Can i revoke a POA i have made to my partner that we are no longer doing business together ?

Jay's answer | Answered on December 18, 2015

The only thing I would add to the excellent comments of my colleagues is that you need to make sure the Agent has notice of the revocation. The...

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As a beneficiary, I am responsible for attorney's fees when the estate is incorrectly billed for inheritance taxes?

Jay's answer | Answered on December 16, 2015

I completely agree with Mr. Zelinger. It does sound like your Aunt may have filed the inheritance tax return without the assistance of an attorney...

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My husband has an irrevocable trust and his uncles are the trustees. He wants to withdawl from the trust look at further details

Jay's answer | Answered on December 01, 2015

Mr. Masiuk is absolutely correct. Unfortunately, without reviewing the Trust and Will no one can intelligently and accurate opine on your...

Jay G. Fischer's Answers (291)

Do I have to send a copy of the will to my step kids

What are my liabilities and responsibilities if I am the trustee vs. if he sells the properties to me outright for $1?

Is it against the law to not file an estate on a deceased person without a will?

Can I apply the inheritance tax rate to each heir individually when I distribute to them their inheritance funds?

Would you recommend I sign this form?

First and final accounts should include new accounts that were made by the estate?

Financial POA issue...do I have recourse?

Can i revoke a POA i have made to my partner that we are no longer doing business together ?

As a beneficiary, I am responsible for attorney's fees when the estate is incorrectly billed for inheritance taxes?

My husband has an irrevocable trust and his uncles are the trustees. He wants to withdawl from the trust look at further details