Do I pay capital gains tax on the value of the home in 2012 or from when she passed in 2024 (when the home was left to me)?
Dana's answer
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Answered on February 19, 2025
The cost basis of the property which will be used to determine capital gains will depend on how you got on that warranty deed in the first place....
If a deceased person has no will, but has a beneficiary on all assets- property, etc, will assets go to the person named?
Dana's answer
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Answered on February 19, 2025
The designation of a beneficiary as is commonly done on IRAs, 401(k)s, investment accounts, and can be done with bank accounts, and since July last...
Executors decisions appear to be based on options. Are there black n white laws?
Dana's answer
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Answered on February 17, 2025
I think there is a question in your paragraph, but other than "is there a rule book " for executors, I can't tease out exactly what you need to...
Can an employer fill out & sign your 1040 upon hire in?
Dana's answer
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Answered on February 04, 2025
Are you sure they filled out, signed and filed an individual income tax return, form 1040 for her ? I can't imagine why an employer, namely the...
Can I apply for my citizenship, sending my taxes individually if I sent them jointly before?
Dana's answer
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Answered on January 31, 2025
You are never required to file a joint return. If you are married, then you can file as "married filing separate" and bring yourself current. A...
My brother die an he has 2 daughters an a x wife that married another man while she still married to him who has rights to his a
Dana's answer
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Answered on January 23, 2025
Well first let's clear some things up as your question as written is not very clear. Since we know that a person can not be lawfully married to...
How much does it take to put somebody name on a deed?
Dana's answer
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Answered on December 22, 2024
I think putting you on the deed during their life would not be in your best interests (mostly due to you acquiring an interest now means you will...
How do i get property put in my name?
Dana's answer
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Answered on December 06, 2024
If you value this real estate, you will go see an attorney that does probate or estate work, preferably not the attorney that told you to just pay...
Do I need an order declaring no administration necessary?
Dana's answer
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Answered on December 04, 2024
Georgia Code section 7-1-239 provides that where an intestate decedent has a bank account with a balance of $ 15000 or less, a person may submit...
In GA. The "no administration required : agreement has been used to completely circumvent the probate court. THERE IS A Will.
Dana's answer
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Answered on November 11, 2024
It sounds like there is a lot more going than just a misdirected No Admin Necessary agreement. The statute providing the "No Administration...
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