Can Real Estate TOD be filed to a minor?
Can long-term care facilities sell TOD property to pay for the costs of care?
Thomas's answer
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Answered on December 09, 2021
You should not name a minor as a TOD beneficiary. You should consider a trust (either a living one or set up in your will) that will own the home...
What happens when new home furnace doesn't work?
Thomas's answer
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Answered on December 09, 2021
The furnace could have been checked in the summer to determine if it works.
Therefore, it is too late for you to raise the issue.
Selling my house after 13 years homesteaded Florida in a living trust.50 y old single w zero income.Is there capitol gains tax?
Thomas's answer
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Answered on December 09, 2021
If you have lived in the property for all the time you owned it and the sales price is less than $250,000, there will be no tax due.
How to contest will and avoid eviction?
Thomas's answer
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Answered on December 08, 2021
You need to retain an attorney to represent you.
This is not a do-it-yourself project.
My father died in 5/2020. His spouse has not filed a will in Florida, She says the will leaves all to her, how do I proceed?
Thomas's answer
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Answered on December 08, 2021
Your father's will only controls assets that are titled in his name alone that do not have any beneficiaries.
If all of your father's assets...
Can I do a quitclaim deed to transfer my name on a property my mother left me in a trust .
Thomas's answer
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Answered on December 08, 2021
You should retain an attorney to assist you in this matter.
If you do not complete the paperwork correctly, your property may be reassessed and...
Do I qualify as an W2 employee if I was only hired for 3days as a private contractor for consultation for a set rate per day?
Thomas's answer
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Answered on December 08, 2021
The employee vs independent contractor issue is an issue that many companies have had issues with the IRS.
The company you worked for is taking...
I live in the U.S. Will I need to pay tax on my inheritance from Canada?
Thomas's answer
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Answered on November 30, 2021
I do not know the Canadian income tax rules.
For US tax, the income is taxable. You will be allowed a foreign tax credit for the Canadian tax,...
How can I add my name to my mother’s deed as her power of attorney?
Thomas's answer
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Answered on November 22, 2021
The general answer is no. However, if the POA gives you permission, you may.
, i have willed my daughter as beneficiary. She married and took spouses last name.
do i need to revise will to reflect that?
Thomas's answer
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Answered on November 22, 2021
There is no need to redo the will because of your child's name change. However, you may want to review your will with an attorney to see if you...
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