Questions answered by David Andrew Greene

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We have a will dated 1996 say if my husband dies Iwould get the house and furnishings if I stay there..We have moved 2 times

David's answer | Answered on November 06, 2013

If your will is 17 years old, it is certainly worth having an attorney review. During that review this question should be easily answered. If the...

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What are the tax implications for joint bank account owners when one passes away?

David's answer | Answered on October 31, 2013

If you are a joint owner of the account (as opposed to merely having signing authority on her account), then after her death you will be the sole...

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Trust Asset was placed in Trust after Aunt's death in 1994. Successor Trustee did not have the property appraised.

David's answer | Answered on October 25, 2013

If the IRS questions the value you have on the return, it will be up to you to justify the value you used for the basis on the asset. If the...

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Sister in law passed away in 2004. Just found missing money in MA.

David's answer | Answered on October 25, 2013

While more facts are needed to say for certain, you will likely need to re-open the estate, with the original executor providing a...

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What are the tax implications of my parents (non-US citizens who live overseas) buying me a home in the US? I am a US citizen.

David's answer | Answered on October 23, 2013

You parents may want to involve a tax expert in their country to advise on the tax implications imposed by their taxing authority(ies). In the US,...

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Can the State of Ohio tax my medical pension that come from OPERS when I live in TN.

David's answer | Answered on October 23, 2013

I think Mr. Wagner's answer to your prior question is good advice. This actually presents a sticky definitional statutory and constitutional...

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What type of documentation of records is used to report to Beneficiaries after final distribution has been made to all parties.

David's answer | Answered on October 23, 2013

If you're handling this informally, I would think a spreadsheet listing all the transactions from the beginning inventory until the final...

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Are co-executors of an estate entitled to an accounting of bills paid from an attorney trust account?

David's answer | Answered on October 22, 2013

A co-executor is absolutely entitled to knowledge of the assets of the estate. An argument could be made that a co-executor is not only entitled,...

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My Dad and Step Mom drew up a Family Trust. Why do we (myself and other Trustees and Beneficiaries) need a lawyer to represent

David's answer | Answered on October 22, 2013

If you and your co-trustees and beneficaries are not experienced or trained in reading trust documents and the technical terms of art that are...

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Power of Attorney to make an offer to buy a condo, sign the offer sheet etc.

David's answer | Answered on October 21, 2013

My guess is that a local attorney could draft a limited power of attorney addressing these concerns for a very reasonable fee, and would be well...

David Andrew Greene's Answers (67)

We have a will dated 1996 say if my husband dies Iwould get the house and furnishings if I stay there..We have moved 2 times

What are the tax implications for joint bank account owners when one passes away?

Trust Asset was placed in Trust after Aunt's death in 1994. Successor Trustee did not have the property appraised.

Sister in law passed away in 2004. Just found missing money in MA.

What are the tax implications of my parents (non-US citizens who live overseas) buying me a home in the US? I am a US citizen.

Can the State of Ohio tax my medical pension that come from OPERS when I live in TN.

What type of documentation of records is used to report to Beneficiaries after final distribution has been made to all parties.

Are co-executors of an estate entitled to an accounting of bills paid from an attorney trust account?

My Dad and Step Mom drew up a Family Trust. Why do we (myself and other Trustees and Beneficiaries) need a lawyer to represent

Power of Attorney to make an offer to buy a condo, sign the offer sheet etc.