What is my cost basis for inherited property?

This is often an issue and there an be a difference of opinion. I think it depends on the language of the deed. If your father retained life estate...

Lady left a note on our door 3 days before christmas said she purchased our house at the wayne county tax sale

You need more information. Whether $5k is reasonable or whether the woman is even the correct person to pay is not clear. You can check the wayne...

We have a terror clause in our will. If we have an immediate family member not included in our will, can that person contest the

You have your question posted under TRUSTS, but your question is about a Will. I am not sure if you mean that the clause is in your trust or in...

I agree with Mr. Zelinger. Yes, this can be done. Whether or not it is a good idea, and what the process would be is something that you should...

I agree with Mr. Zellinger. I would add that there are a multitude of issues, here, and consulting with an attorney would be a really good idea. I...

Dad passed 2 years ago, Found stock account, his name, 15K. I am executor. Do I cash it out in his name or transfer to me?

I agree with Mr. Conway, but your summary is very brief and it is not clear to me that a probate estate is or ever was opened. If one has not been,...

My house is held joint tenants with right of survivorship. Can I transfer my share to other daughter without anyone signing?

The type of deed that you apparently set up is one that cannot be changed without the agreement of the other joint tenants. The wording that was...

Are we responsible for late mother/laws 2010 STATE tax shortage reported by IRS in 2014. She died 2013. We did not do return.

I agree with Mr. Cappuccio. You do not state whether there were probate assets, but I assume that there were. If so, you could face possible...

Is it normal for an trust attorney to ask for your personal banking information, passwords,security questions?

I agree with Mr. Brennan. Without context, your situation makes little sense. Is the trustee trying to determine if you need distributions for some...

What happens when a cousin of the deceased produces a holographic will after the niece of the deceased becomes the personal rep?

In Michigan, a Will is presumed to be valid until it is set aside. The judge will decide, based on all of the facts, whether the Will should be...

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