IS TRANSFER TAX DUE ON FLORIDA QUITCLAIM DEED TO LIVING TRUST?

For this type of transfer the minimum fee of 70 cents applies, in addition to the recording fee.

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What happens to my house without a will after I pass away?

Your husband does have rights to your house, including the option to live there for the rest of his life. If he is willing you and he could sign a...

Diffrence between living will and dnr order. does will cover this

No. A living will addresses chronic situations (such as a coma) and a DNR is for acute situations (cardio pulmonary arrest). A DNR must be...

What is the approx. cost of a irrevokable trust.

It depends on the type of trust and its complexity. Usually at least a couple of thousand dollars.

Elderly parents want to leave money from the sale of a condo in California to 2 adult children. Is there a tax requirement .

Yes, but amounts over $13,000 per year person use part of the $5.12 million gift and estate tax exemption. Form 709, the federal gift tax return...

Can I delacre donations/support made to a local church outside the U.S. when filing my tax returns in the U.S.?

No - donations to foreign charities are not deductible for income tax purposes.

Unless the deed gives your mother rights to the timber, or the land was used for commercial timbering before the grant of the life estate, she does...

Do to depression and moving around I have not file taxes in years. Irs just sent me two letters one for 2008 and the other for

You will need to go ahead file returns for the years you missed, although it's quite possible that you won't owe any taxes. If you do not owe...

I want to sell my home but don't want to reinvest in a home is their a way to protect my money from capital gain tax.

Current law does not require that you reinvest the proceeds of the sale of your home to exempt the proceeds from capital gains tax. A single...

My mother is deceased without a will, how do I go about changing the land deed to my name?

Assuming she had no surviving spouse and the death certificate is recorded in the county in which the real property is located, you do not need to...