If homestead, the process is very quick. It can be done in a few months or with more complicated estates it might take 4-6 months. (Obviously, some...

A revocable trust only for life insurance policy?

Even better than a revocable trust is an irrevocable trust where you can change the beneficiaries. This will keep the insurance exempt from...

Can my mother gift 14000 to myself and 14000 to my wife without any tax issues for anyone? Any paper trail required?

If your mother is single she can gift 15K per person per year plus another 11.4Million without any gift tax consequences other than using her...

I had to drive my deceased father's car back to NC and don't know what to do with it ?

Taking the car that does not belong to you is problematic in several ways. Even worse, it could be financial abuse of the elderly if your siblings...

Can a guardian be sued?

Guardians have a fiduciary duty to do what is in the best interest of the ward. If you do not do with is in their best interest, you can be sued...

Brother purchasing home from Mother and then plans to inherit 50% back from Estate. Is this an equitable deal?

This could make your mother disqualified for benefits if she needs them in the future and could subject the funds to loss for that care. You...

Do I have to pay HOA on house in estate myself or should family contribute?

The funds in the estate may not be used to pay the taxes and home-related bills if the home is considered a protected homestead. (Of course, if...

A friend wants to leave his home to me in his will. Does he need my SSN to do this?

He should use an enhanced life estate deed or trust to reduce the likelihood of claims being filed against the home

Living will or trust? In Florida...house property also in Indiana...second marriage...3 hers...2 mine...equal shares?

A trust can avoid probate if you fund the trust properly. This would include deeds for your real estate in both states. You should talk with an...

Wrongful death claims are not subject to probate. You may be in a difficult position. You should talk with your estate planning/ probate attorney...