If all beneficiaries of my grandfather's estate agree, can an heir who was recently removed from the will be legally reinstated?

I am licensed in Texas and the easiest way to accomplish this is through a family settlement agreement. This a mechanism by which all of the heirs...

As executor of an estate, one of the heirs owes several thousand in back child support. Am I responsible for paying?

I am unclear but I think you are saying you are the executor of this estate correct? If so, you are NOT responsible for paying any of the debts...

Mom died a widow, leaving behind 2 children. There is a typed up will but ...

I would take the Will to an attorney for purposes of having it declared valid or not by the Judge. Once you have a determiniation from the Judge...

Generation Skipping Tax..GST rolls back

The actual amount is $5,120,000 this year and will expire 12.31.2012 along with all of the other gift, estate and income tax "Bush Tax" cuts.

You may want to seek the advice of a CPA or attorney who practices before the IRS - a private letter ruling may give you the relief you need...

Is a Qualified Personal Residence Trust liable for the tax on loan forgiveness for a mortgage to person who set up the trust?

I do not know what you mean by recently "took effect". If that means the condo was still within the term - a QPRT fails or goes back into the...

What happens to my dads personal belongings when he passes away in Texas?

You need to talk to an attorney when your father passes however an heir does not have to be responsible for the debts of the deceased. When I say...

Assistance after wifes death

If you have a death certificate - take it to the bank and ask what will be required to distribute the accounts. The previous answers are correct...

If your mother has a Will then the executor will be required to probate the Will and will be required to send you what is referred to as a 128A...

Does Texas have unlimited homestead exemption from unsecured creditors?

Under Texas law there is an unlimited homestead exemption for urban 10 acres, rural 100 acres. However under the federal bankruptcy laws there is...