Just to add a little to what my colleagues advised, if she has a checking account with a debit card, she can use that card to electronically...

My husband passed away without a will.

My colleagues are correct. As long as you are the sole beneficiary, the insurance proceeds will pay directly to you outside of probate.

You would need to file a gift tax return for any gift that approaches thne annual exclusion especially if relying on valuation discounts. ...

I changed the practice area of this question to Probate. In addition to what my colleagues said, depending upon the total size of your spouse's...

As long is the underlying debt is not for purchase money, improvement or taxes, your homestead is exempt from execution. The creditor could have...

Does it cost anything to have a previous years taxes amended?

There are no fees to the government, but you would have to pay a professional to prepare an amended return.

Refinancing our mortgage but our deed is in a revocable trust. Is a lawyer needed to reinstate into trust? Is it expensive?

Im not sure why you would have to transfer the property back to yourself since the trust is revocable, it is the same as you.

Given part of an LLC. What are my likely tax implications once it is valued?

Mr. Boone is correct if the value of the stock is 0 when you receive it. If it is worth a million then there will be tax consequences. As a...

At age 71, can I close out a self-directed traditional IRA that includes a piece of very cheap real estate.?

Simply put, YES

Is my Social Security and proceeds from my husbands life insurance exempt from collection on a Summary Judgement?

Only the US government can offset directly against social security before you receive it. However, once the funds are in a bank account and the...