How can my father transfer a piece of property to me without tax consequences on either side?
The donation itself is fairly simple but you are correct in thinking that there may be tax consequences. In addition to the gift tax issue...
Baton Rouge, LA
Estate planning Lawyer at Baton Rouge, LA
Practice Areas: Estate Planning, Probate ... +5 more
The donation itself is fairly simple but you are correct in thinking that there may be tax consequences. In addition to the gift tax issue...
Suspended attorneys are not authorized to practice law during the period of their suspension. That being said, they may continue to handle...
Yes, she can donate it to you now through a legal document known as an "Act of Donation." The Judgment of Possession essentially recognized her as...
Ms. Cross is correct. If you provided care to your father in the home for 2 years or more and if you can prove that the care you provided kept him...
If they are sending you a bill with your name on it, you should absolutely request a copy of the paperwork to ensure that you did not sign a...
If they are willing to step down, they can do so through a simple notarized document prepared by an attorney. If they are not willing to step down...
It is very possible that a succession was done but the final document from the succession (called the "Judgment of Possession) was never recorded...
That will depend on how the will addresses that scenario. Many wills have "contingent" provisions that address what happens when a legatee (person...
You will need to complete a succession in order to clear title to the home (regardless of value) and it is best to complete the succession sooner...
If the value of your husband's estate (one-half of everything owned with you and any of his separate property) is $125,000.00 or less, you can...