What portion if any of a promissory note on real estate property is taxable to beneficiaries?

You are talking about (at least) two different kinds of taxes. The exclusion amount ($2,000,000) applies to estate taxes. All of the note would...

Divorce/estate

There is not enough information in your summary to really determine where things stand, at this point, and what your husband might or might not be...

Problem with "Transfer of small estates without probate" in CA

I have had very good success at having small estate affidavits honored. You might try another branch of the bank, or you might try a different...

Will a Last Will and Testament be likely to be contested if you name a friend as guardian to your children?

The only one that can "appoint" guardians is a probate judge. You and your husband's nomination of your friends would give them the highest...

How can the executor of an estate Transfer Real Estate to a beneficiary in the state of wisconsin?

Real estate is transfered by way of a Deed. When an estate is involved, the deed is usually referred to as a fiduciary deed or a personal...

How to pass mother's house ownership to her three grandchildren. House was in a trust.

Expanding on the other two answers, I agree that the terms of the trust dictate the answer. As long as the grandchildren's share of the trust could...

How can I write off the Interest on my mortgage? The loan is in my deceased spouse name. My name is on the deed?

Title 26 Code of Federal Regulations section 1.163-1(b) provides, quote “interest paid by the taxpayer on a mortgage upon real estate of which he...

How long does an Attorney have to distribute assets after will has been through probate in the state of AR

The nature and size of the estate typically determine the distributions. As long as there are sufficient funds in the estate to cover creditors...

Will probate payout by lawyer

Without knowing more about the form that was sent to you, I can only speculate. It is possible that the lawyer wants to make sure that everyone...

Under the POA form, your sister is required to act in your father's best interests, ONLY. She is not allowed to personally benefit from any...