Is this enforceable in a will?
If crafted clearly, I see no reason to think that your proposed will would not be enforced. Talk to an attorney who is willing to do what you...
Salem, IL
Estate planning Lawyer at Salem, IL
Practice Areas: Estate Planning, Business
If crafted clearly, I see no reason to think that your proposed will would not be enforced. Talk to an attorney who is willing to do what you...
You are pretty specific in asking about gift and estate taxation, but are you considering the impact of other taxes? Lifetime gifting of any assets...
You should have a lawyer read the whole will and give you an opinion. If it says "his real estate and assets will be given to his living children...
What you can and should do in this circumstance actually depends on more than we know from your question. Was your brother married? Did he have...
This highlights an important issue that recurs among estate planning questions: there are literally innumerable varieties of trusts and as many...
This is a classic example of an estate plan that didn't work. It seems highly unlikely that the activities done prior to death (four of you paying...
You are going to have to hire an attorney to help you. This is a classic problem that occurs when people try "do it your self" planning. Do you...
If the uncle died in 1996 in Illinois with an estate worth $500,000 there should have been no estate taxes. Estate taxes are a tax on the value of...
I agree with Alan and Judy on this. Further, your "Do I have to get involved with probate?" would generally be "yes" when the assets controlled by...
A revocable trust is, under the tax code, not a separate taxpayer from the person who has the power to revoke it. So if you are Seattle L. Seahawk...