Is money received from a trust, where most of the money was in mutual funds, taxable as ordinary income to me as the beneficiary

If the source of the trust funds is all interest or otherwise taxable income then it will be taxable when passed on to the beneficiaries. Usually...

Yes beacuse the Personal Representative need the probate courts approval of the settlement.

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Does the value of A net loss count when you are trying to add assets togehter

If you are talking about the inventory, for now list the Cause of Action relating to the accident as unknown value and the real property must be...

My mother passed and none of us kids can afford to take over her house. Do we need to go to probate or just let it foreclose?

I am sorry for your loss. Attorney Frederick is correct, excellant answer. The only thing i would add is if you are considering his...

Dad died in AZ. I live in Mich. H&R block won't reissue his last paycheck in my name even when I sent a small estate affidavit

Attorney Frederick is right. However, different banks have different rules and we all have trouble dealing the with rules they sometimes make up. ...

My father died with his name on my Indiana mortgage. Mom sold it and kept most of the profit. Did she have right?

You need to check with the Register of Deeds in Indiana (at least that's what it is called here) and find out how she transferred title without you...

Can an institution as a nursing home, change policies concerning a resident of six plus years and bill such resident for

That would depend on the terms stated in the contract. I may be possible. Most nursing homes expect payment by the 10th of the month for the...

Probate

Yes you should file a proof of service on the Notice of Appointment . You also need to publish for creditor in the legal news the paper knows what...

In Philadelphia, Pa. If the house has an estimated value of $100,000.00 and the other monetary assets are about $3,000.00.

Though Mr. Frederick has pulled up a pennsylvannia statute I don't think he's actually licensed in PA... I think you should post the question with...

A person can will anything to anyone they want so long as they are not married to another person or failing to support minor children. There is no...