Archived
My father passed away in October 2017 and left an alleged Will. He was diagnosed with Dementia in 2013. Can this be contested?
David's answer
|
Answered on October 29, 2018
You typically have a very short period of time to challenge the validity of a will once it has been offered to probate. After that time period...
Archived
I’m having trouble understanding this Massachusetts law about the time limit of filing and elective share.
David's answer
|
Answered on October 29, 2018
I don't practice in MA, but generally this means when an order is issued by the court accepting the will for probate.
My sister kept my inheritance. My mother's will stated to divide EVERYTHING equally.
David's answer
|
Answered on October 29, 2018
If your mom retitled assets into your sister's name, then you are not looking to challenge the will. You are looking to challenge whether those...
Archived
How is capital gain taxes figured?
David's answer
|
Answered on October 23, 2018
Capital gain is taxed on the difference between the amount realized and your basis in the property. For inherited property, your basis is generally...
Archived
What IRS tax code and regulation, requires Americans to file and pay income tax??
David's answer
|
Answered on October 22, 2018
See also the 16th amendment to the United States Constitution.
Archived
Life estate holder removal (stopped paying property taxes and going on second year)
David's answer
|
Answered on October 17, 2018
Your remedy may depend in part on the language in the deed granting the life estate, as there are different types of life estates. However, your...
Can I be legally written out of my parents will, because I choose not to associate with the family?
David's answer
|
Answered on October 17, 2018
Sorry about your difficult family situation, but your parents are under no legal obligation to leave any of their property or insurance proceeds to...
Archived
I can no longer pay my daughters mortgages. If she quit claims it to me I can declare the payments with the IRS. If later I s
David's answer
|
Answered on October 15, 2018
As to the second part of your question, you will have carryover basis in the property which means that you take your daughter's basis in the...
Archived
If I can claim my father as a dependent, can my parents still file a return in order to apply for tax relief on back taxes?
David's answer
|
Answered on October 12, 2018
They can still file. Your father does not claim an exemption for himself. See line 6A on the 1040.
It would be a good idea to go to a tax...
Archived
How long does it take to receive a 5 million dollar purge bond?
David's answer
|
Answered on October 12, 2018
Your question is unclear. Was this a bond arising from a contempt proceeding such as failure to pay child support? Usually a purge bond is set by...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained