Chapel Hill, NC
Probate Lawyer at Chapel Hill, NC
Practice Areas: Probate, Estate Planning ... +2 more
It's good that you are thinking about planning for your son now. My advice is to consult with a local attorney experienced in special needs...
If failure to file was due to a reasonable cause, as it appears in this case, the IRS will often abate the penalties.
Gift t axes are not due unless the donor has used up his or her entire $5.45 million gift and estate tax exemption. For most of us, the primary...
Once the will is probated, you should receive a notice from the court. You can get a copy made for your records if you wish.
Without knowing more, it does sound like the two transfers should be treated as gifts for gift tax purposes. As you may be aware, the donor's cost...
It's difficult to accurately answer your question without additional information, but assuming the IRAs were inherited by you/the trust from...
Most likely you will want to set up a Special Needs Trust to own the home and any receive funds you plan to leave your daughter at your deaths. It...
Possibly, but Florida has strict laws regarding powers of attorney. To ensure that the document is valid, and that you receive advice regarding...
I think you are referring to the federal gift tax annual exclusion, which is $14,000 per person (not limited to family members). Gifts to any one...
Wrongful death proceeds, while in some ways considered part of the estate, are paid only to the intestate heirs (next of kin) of the decedent. ...
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