Talk with a tax attorney or CPA. You will not get an answer from the IRS. Basically, you need a date of death valuation, net sales and from these...

Yes, they can sign over their rights in the property with a properly prepared deed.

I am divorced with two adult daughters. Should I add them to my condo? I own it outright.

Generally, you do not want to add kids to a deed. It can cause many problems like gifting, tax basis, forced sale, inability to sell. There are...

If it was owned individually, the membership interest must go through probate. It is possible to title the interest as TBE or to have put the...

I have a probate question regarding my husband?

When someone dies, there are two tax returns due. The first is from 1/1/xx until the date of death. The second is an estate tax return that is...

There may be several ways to look at this. These types of cases are expensive. You should talk with a probate litigation attorney to see if it...

Yes, you have the right to a copy of the trust and an initial accounting as a "Qualified Beneficiary" even if disinherited unless your mother had a...

Changed this to tax evasion. As Mr Brightwell pointed out the IRS is a super creditor. The person making the gift can potentially change the...

Anyone have a reference to file for Probate (Summary or Formal) for DIY?

The value of the home is not an asset subject to probate, it is improper for an attorney to suggest that they should pay 3% of the value. Many...

Is a wife responsible for debts incurred by her husband upon his death? Florida residents

A person is not responsible for the debts of another (including a spouse) unless they co-signed on the documents or if upon death, there is a...