My father died last Tuesday and my sister is the executer of the estate. When can I expect to be notified as to my inheritance

The tone of your question may be perceived by your sister as being insensitive. Your sister's father has died and she needs time to mourn his...

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If your first use of the goods purchased is in Arkansas, you should be paying use tax.

Can I easily avoid capital gains tax by donating my appreciated, underwater property to charity?

The IRS is allowed to review a transaction for its economic substance and tax the transaction accordingly. The IRS should not recognize the...

Am I in any way liable for spouses negligence in the lack of reporting income to the IRS?How do I file this year still married

The general rule is that both spouses are responsible for all of the taxes, interest, and penalties relating to a jointly filed return. You may...

With regard to this property tax freeze, would she still qualify for this freeze, if my name was also on the quit claim deed?

You grandmother should consult with an elder law attorney before having the deed prepared. Your grandmother's ability to obtain Medicaid...

How do I split estate debts when one beneficiary only receives real property and I receive only cash?

You will need to meet with your own attorney and have the will reviewed. I suspect that his stepson will receive the condo, without any debt....

Can she do this? and give away what my father left her and if so how does she do it legelly?

You sister can disclaim her share of the assets. If the assets are disclaimed, it is treated as if she died before your father. You sister cannot...

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It is impossible to predict the amount time and money the litigation would consume. If the matter settles quickly, the costs would be low....

I am not aware of any way that this person can compel you to provide your social security number. If you do not provide your number, you should...

If a parent deeds their home (no mortgage) to one of their children but leaves the home to all their children in their will..

Generally, if an item is gifted, the income tax basis for purposes of gain is the parent's income tax basis. However, there is at least one...