Archived
Can I ask Trustee to deed a house to all 5 beneficiary's names prior to selling the house? (so that we all have equal say)
Ruth's answer
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Answered on November 01, 2018
The trustees are charged with listing and selling the house. It would be counterproductive to deed the house to five beneficiaries prior to a...
Archived
Mother's house( from revoc. trust) finally sold and proceeds are in the bank. How do I determine any capital gain to report ?
Ruth's answer
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Answered on November 01, 2018
The state assessment is always lower than the fair market value. The tax basis for the house is date of death value. Check with your accountant,...
Archived
Can I live on on the property which i was given 25% if it on the will of my parents?
Ruth's answer
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Answered on October 31, 2018
You are not entitled to live on the property. You are entitled to a copy of the Will and Trust.
Archived
WWho is responsible for the utility bills in the home of mom. I live in the home
?
Ruth's answer
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Answered on October 31, 2018
A power of attorney is no longer valid after the death of the person who signed the POA. If you live in the home, you are responsible for rent,...
Should I put the Total Control Account I am inheriting in escrow so executor can hire a lawyer? My mom died w/insolvent estate.
Ruth's answer
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Answered on October 31, 2018
You are not obligated to put a payable on death account in the estate.
Archived
Am I entitled to a copy of my mother’s trust that I have a 26 percent share ?
Ruth's answer
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Answered on October 30, 2018
As a beneficiary, you have a right to receive a copy of the trust. The division of property takes place per the trust language. You cannot make...
Archived
Can i receive the back child support my father was paying my mother before she died?
Ruth's answer
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Answered on October 30, 2018
No, you cannot receive back child support that was owed to your mother.
Archived
My name and my mother's name is on a life estate of the house. Who is responsible for the property tax?
Ruth's answer
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Answered on October 29, 2018
It appears that you are both responsible for the taxes (and insurance and maintenance). Please consult a local estate attorney for a consultation...
Archived
My sons x-girlfriend is trying to get common law after his passing. Problem is they had been split up for 4 months prior to his
Ruth's answer
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Answered on October 25, 2018
Common law marriages are not recognized in most states. Consult an estate attorney to see if common law marriages are recognized where your son live.
Archived
How can my husband find out if his stepfather has changed any paperwork that was done after His mothers death 12 years ago.
Ruth's answer
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Answered on October 25, 2018
No child or grandchild has a right to an inheritance from a father or stepfather. Each person is able to leave his or her estate to whomever he or...
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