My dad died and I live with him. However he is behind on 2nd morgage but up to date on 1st , no will. How can I keep the house?

This answer depends on several factors. Do you have other siblings that are also entitled to the home? Are you in a position to assume the...

What will a power of attorney allow me to do?

The Durable Power of Attorney will allow you to do whatever the document authorizes. Some powers of attorney are very limited and some are quite...

My dad died 1 yr ago. Me and my sister recently found out his wife file papers in probate court stating he didn't have a will

You will need to contact a local probate litigator s soon as possible to determine what your rights (if any) are in your father's estate.

If I receive money from my parents overseas as a gift, am I subjected to pay income tax?

The funds that you receive as a "gift" is not taxable as income.

Can i claim my son on my taxes? contact me at [email protected]

You do not provide enough information regarding you and your son's living arrangements or your level of support for him. The test for whether or...

Are taxes automatically withdrawn from an inheritance?

If you exceed the asset limit for SSD, then yes, you would become ineligible for benefits. Contact a local attorney for assistance in preserving...

Can my brother withhold from filing our mothers will?

It is critical for you to contact an attorney before your mother's estate is further dissipated. There are several very good probate litigators in...

Do I have to report inheritance of 5k to the IRS in the state of Georgia.

No, an IRS Form 706 will not need to be filed, provided that her estate and lifetime gifts do not exceed $5,250,000.

The funds being transferred are not income to you. The funds are either being held for your grandmother or they are a gift to you, neither of which...

I am seperated for 2 years, I have 3 children in another state, can he claim them on his taxes?

If you are the custodial parent, you are the tax payer who is entitled to the deductions for the children. If you both claim the children an audit...