Is my sister right in saying she gets a 5% commission because she is executrix of our father's will and trust?

Basically, unless the Will states otherwise, GA law says that the Executor gets paid (taxable compensation) 2 1/2 % of all cash coming to the...

How do you establish a basis on property. My grandfather died intestate in 1985. His wife lived in his house until she died in

The basis for income tax purposes is generally set as the fair market value of the date of the owner's death. So, if the property was owned by your...

How do I get perment Guardianship for my out of wedlock grandaughter whom mother is willing to give her to me and my wife?

You may also want to consider an adoption is you want this child to yours permanently, which includes becoming financially responsible to support...

My father recently passed leaving two annuities which my brother and I are the beneficiaries. Will the proceeds be taxable?

As Jeffrey stated, annuities come in different varieties with different tax ramifications. To the extent that it was purchased by your father with...

IRS IS GOING TO GARNISH MY WAGES. WHAT CAN I DO?

The IRS has traditionally resorted to garnishments to get delinquent taxpayers to act in some reasonable manner to pay their tax debts. It is very...

If one party breaches a contract, are they still entitled to the benefit of provisions which survive the termination?

This is more of a business or business litigation issue rather than a Trust question, but I will give you my take on the matter. The answer is that...

Based on your question, it looks like the Trust is a Wisconsin Trust and likely subject to Wisconsin law. While I am not a Wisconsin attorney or...

MY STEPMOTHER DIED ON JAN. 30 2010.SHE TRANSFERRED A SIMPLE I.R.A. FROM WACHOVIA SECURITIES TO MERRILL LYNCH.

In addition to the other comments, you should note that if the accounts did not have POD or other type beneficiary designation, then the accounts...

Selected as the best answer

My grandmother and my uncle passed away about a week ago. My aunt (his sister) is taking me to court stataing that I incompetant

While the other answers given were very good, I would like to emphasize that based on your question, you are being taken to court to prove that you...

My grandmother passed away about a month ago and my aunt is the excutor but will not let us know what the will says....

As you are likely already aware, you will be able to obtain a copy of your grandmother's will after it is filed in the Probate Court of county...