Can the IRS put a lien on a house I am purchasing since my husband owes back taxes?
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Answered on July 28, 2014
Your husband's name does not have to be on the deed. Due to our homestead laws in FL, your husband has to join in on the mortgage, but he does not...
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If I transfer my own homestead into a self-settled trust, will Miami-Dade county reassess the value for tax purposes?
Samantha's answer
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Answered on July 24, 2014
I agree with Mr. Haimo that as long as it's done properly, the property will not be reassessed. The trust agreement must contain certain language...
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My father who passed away was the custodian of a brokerage account for my niece, who is 10. The value is less then $8,000.
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Answered on July 09, 2014
If this is a custodial account established under Florida Statute Chapter 710, there is no need to open any sort of court proceeding to name a new...
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Is it possible to sell your Interest in a Irrevocable life Estate.? I am the Beneficiary of such a Estate.
Samantha's answer
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Answered on July 09, 2014
Technically yes, you can sell your life estate assuming the document which granted your life estate doesn't preclude it. However, there's probably...
Probate-Florida. Subpoena Bank Records - must lawsuit be filed first?
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Answered on July 08, 2014
You should be able to obtain records via subpoena. However, if there is conflict between the PR's then you have other issues that you need to deal...
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Which power of attorney form do I need and does it have to be notarized?
Samantha's answer
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Answered on July 01, 2014
If he is still mentally competent, he should execute both a durable power of attorney (requires 2 witnesses and must be notarized) and a health...
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My father passed a few months ago w/investment account UTMA to go to my daughter(then 17) w/me as custodian until she's 21.
Samantha's answer
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Answered on June 24, 2014
You are correct that under Florida law a child is considered an "adult" at age 21 under the UTMA. I think some states still follow UGMA (Uniform...
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Probate can the estate of the deceased be probated more than once? the need is to clear title on property previously overlooked
Samantha's answer
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Answered on June 23, 2014
Yes, you just need to re-open the original probate administration. Not difficult to do.
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How do you transfer real-estate property from one spouse to another after death?
Samantha's answer
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Answered on March 24, 2014
Although the property technically passed to your mother, unfortunately you still have to open a probate administration in order to get the...
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If I choose the elective share option, and decide to sell my house later on, I get nothing from the profit??
Samantha's answer
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Answered on October 24, 2013
You also have an option to elect an outright 50% interest in the homestead but you can only do so within 6 months of his death. You really should...
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