How can I transfer home/deed to my name? Parents home both deceased 10+years. 5 siblings
It sounds like the property will pass according to Texas intestacy laws--possibly equally among the children. Cases like this are often best...
Houston, TX
Tax Lawyer at Houston, TX
Practice Areas: Tax, Probate
It sounds like the property will pass according to Texas intestacy laws--possibly equally among the children. Cases like this are often best...
There are some potential issues with what you are proposing. One being that expenses are not deductible for a business unless they are ordinary...
On the civil side, these issues may be addressed via the probate process. The executor is tasked with going back and collecting the estate's...
More info is needed. Was there a will, was the will probated or probate ever opened, did the daughter transfer the property to herself (and when),...
You will also want to look at the Bylaws or similar document to see what they say. For example, if you are a named Director, the Bylaws may say...
If the property sold is a rental, the gain will be part capital part recapture gain (recapture gain is the depreciation taken on the property in...
Selected as the best answer
She might consider naming a guardian in her will.
Disputes have to be handled by court. You may be able to use the 6 day rule in Sec. 711.002 of the Health & Safety Code. You should discuss...
The answer depends on a number of variables. You didn't specify what "charges" you are referring to. If it is personal liability for...
Texas entities can buy property as tenants in common. That is the default form of co-ownership in Texas. Whether the IRS will view the...