Father passed and left condo in trust for brother and myself. My brother died, is his wife entitled to half the condo.
If 50% percent was left outright ot brother-then that share would be controlled by his will upon his death.
Largo, FL
Estate planning Lawyer at Largo, FL
Practice Areas: Estate Planning, Tax ... +2 more
If 50% percent was left outright ot brother-then that share would be controlled by his will upon his death.
Another choice would be to have a "Living Trust" to avoid probate. Living Trusts and power of attorneys avoid guardianship.
You have many choices- therefore you have many answers. Our office does an intake of all the facts and assets before coming up with a...
Our firm usually waits until one spouse is about to enter nursing home. The home is an non-countable asset and other assets can be moved into...
In addition to above-You may seek repayment of any funeral bills up to $6000 with a simple probate procedure without formal administration.
In addition to the above answers-generally-a person can not benefit themselves with a power of attorney. So-you might be able to get the deed set...
In addition to above-contact the Clearwater Bar Association for a referral.
I am also in favor of a trust. In addition to above answers-the trust can help avoid a guardianship proceeding and is harder to contest than a will.
I would suggest a joint trust for joint assets and single trust for rental home. IRA's and insurance would not be placed in trust but could be 2nd...
Yes-placing in trust will avoid probate. You have 3.5 million exemption before estate tax. The property will receive a step up basis upon your...