This question is better suited for a tax attorney or an experienced CPA. An annual FBAR must be filed with the Treausry whenever a taxpayer has an...

When should an adult with a significant mental illness need a guardian?

IF you feel that your cousin is in jeporady regarding making medical and/or financial decisions- I would strongly encourage you to look into this...

Is 1 percent of an estate that is already setup to go directly to the children of the estate a fair price from an attorney?

Interesting question - attorneys can set their own fee schedules. If you think its too much, use someone else. Keep in mind you are paying an...

Death without a will

No - not always. It would depend on the assets as well as value. An income tax return is filed when someone receives income…. if there was no...

My mom paid off 3 life insurance policies on her now deceased husband of 20 years but she is in a nursing home how could I here

I am not sure what you mean by paid off? If these were whole life policies - simply review the latest statment or contact the company. If mom...

My dad passed away and was leasing a car, can I have them take it back to satisfy the loan or can they go after my mom for money

The true answer is yes - they could lien the estate if they wanted to- leases generally aren't longer than 60 months - if the outstanding lease is...

CA Prop 58 question: Selling house from trust to step-parent?

Typically the parent child exclusion is sent after the property is distributed as the form even asks for the recorder's document number. My...

My Father passed away,he was in a nursing home, it home had been sold a year before and all of his belonging either sold or

I am sorry for your loss. Trustee notification should be sent out within 60 days of your father's passing; at that time you will receive along...

The court ordered fiduciary has to make reports- therefore, if she is providing payment to your sister for caretaking or managing mom's affairs...

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Qualifying Income Trusts for Medi-Cal

You truly need an estate planning attorney to help you here. This requires complex trust planning and potentially other solutions for those...