I am the Trustee of my mom's estate. A beneficiary asked for bank statements. Do I have to share that information?

You indicate that you are trustee of your mother's estate, but trustee serve under a trust document. So it's not clear if you are personal...

Taxes on sold land

Property taxes are paid in arrears, so that 2017 taxes are due the end of the year or early January. If you pay before selling the buyer will not...

How does a non resident of USA become a Personal representative of a deceased relative who passed in Florida.

You state that you are a beneficiary of the estate and want to obtain trust documentation. So it sounds as though the decedent had a trust in...

Assuming all the formalities of the LLC are respected, including an operating agreement designating husband and wife as members, it should be...

Such trusts are shams and the only thing they will do is get you is penalties by the IRS and maybe even jail.

Are trustees of an ilit subject to estate tax if they die before the insured?

You should be named as owners only in your capacities as trustee. Assuming that is the case, and the trust was drafted properly, the value of the...

Can an attorney set up a simple, inexpensive irrevocable trust for me.

A one page irrevocable trust would be so lacking in important provisions as to be practically useless, and would likely result in court action to...

Does beneficiary getting this RMD at end of 2016 (for yr 2015) file 5329 w/their own return or w/deceased's last/estate return?

The beneficiary of an IRA is required to take the RMD for the year of the account owner's death if the account owner had not taken it prior to...

How can we identify the executor of a trust in Miami , Fl

I"m sorry for your loss. Handling a loved one's affairs after their death can be difficult and confusing. You refer to an estate and a trust and...

What needs to be done, from a legal perspective, when one of two living trustees passes away?

I am sorry for the loss of your father. It is not possible to tell you exactly what needs to be done without reviewing the trust. I would...