How do I report on Form 1041 the repayment of debt irrevocable trust owed more than 100% of the distribution?
Seth's answer
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Answered on March 17, 2023
As the trustee of the irrevocable trust, you may need to file Form 1041, U.S. Income Tax Return for Estates and Trusts, to report the repayment of...
How can I find out if my deceased brother had a safety deposit box
Seth's answer
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Answered on March 17, 2023
To find out if your deceased brother had a safety deposit box, you can take the following steps:
Look for any documents or information that...
Can I liquidate a check for the proceeds from a 401k issued to the estate without opening an estate bank account?
Seth's answer
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Answered on March 17, 2023
Generally, in order to receive funds from an estate account, an estate bank account must be opened. This is because the funds from the 401k are...
My dad passed away in sc without a will he had a live in girlfriend im his only biological child he was renting to own propert?
Seth's answer
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Answered on March 17, 2023
I'm sorry to hear about your situation. In South Carolina, when someone passes away without a will, their property will be distributed according to...
How can I stop My dad's Will from being modified by his living spouse?
Seth's answer
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Answered on March 17, 2023
In Tennessee, when a married couple owns property as tenants by the entirety, the property automatically goes to the surviving spouse upon the...
Do i need to be court appointed executor of my husband's estate?
Seth's answer
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Answered on March 17, 2023
As the surviving spouse, you have certain rights and responsibilities regarding your husband's estate. In Tennessee, if your husband died without a...
Can i sue the Cemetery if i can find my fathers grave??
Seth's answer
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Answered on March 17, 2023
If you are unable to locate your father's grave at the cemetery, you may want to contact the cemetery management and ask them for assistance in...
How do I liquidate estate assets to pay for funeral and administration expenses I incurred?
Seth's answer
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Answered on March 17, 2023
As the personal representative of your brother's estate, you have the authority to sell or transfer assets of the estate to pay for necessary...
What can I do to get a copy of my dad's will?
Seth's answer
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Answered on March 17, 2023
I'm sorry to hear about your father's passing and the difficulties you're facing with your brother. If your father's will has been filed with the...
Can Step daughter get in trouble for hiding deceased Dad's Insurance policy naming step-mom as the beneficiary?
Seth's answer
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Answered on March 17, 2023
If the step-daughter intentionally and fraudulently conceals the existence of an insurance policy from the step-mother, she could potentially face...
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