Archived
If I have 12 ml worth of stock at the time of my death, in order to qualify for step-up basis, do I have to put them in a trust?
Elizabeth's answer
|
Answered on March 19, 2015
The short answer is no. However, a basis step-up will not solve all your tax problems. Likewise, or alternatively, depending on your view, a trust...
Archived
Can A living Trust be written to revoke previous written wills?
Elizabeth's answer
|
Answered on March 14, 2015
A living trust does not replace or revoke a Will; in this case a new Will, called a pour-over, should be prepared to revoke the earlier Wills and...
Archived
If a beneficiary in the will petitions the court to open probate bc the nominated executor refuses, will estate still pay?(IL)
Elizabeth's answer
|
Answered on March 13, 2015
An heir can under limited circumstances have the estate pay for his or her legal fees in connection with the administration of the estate. The...
Archived
Do I need to get my own attorney regarding my mothers estate?
Elizabeth's answer
|
Answered on March 13, 2015
It sounds to me like a consultation with an attorney would be a good idea just so you can understand what your rights are and how the process is...
What do you do if one of the intended beneficiaries does not sign the release so that all others cannot receive their portion?
Elizabeth's answer
|
Answered on March 13, 2015
Based on the facts as presented, the Executor should be able to follow a specific procedure through the Court which would involve requesting that...
Archived
Regarding wills and living trusts...
Elizabeth's answer
|
Answered on March 09, 2015
The short answer to that question is no. If it was "given" to you as a gift, then it was not a loan which would need to be paid back. However,...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained