How do I get "... "Letters of Administration" from the court appointing you the authority to administer the estate" ?

Letters of Administration is a document issued and signed by a judge in probate proceedings which provide "proof of authority" for the executor to...

The answer to this question will depend on state law, the documents involved, and the "authority" used to sell the assets. Generally, the terms of...

Opening a trust while lawsuit pending

Every state has passed some version of a Fraudulent Conveyance Act, which generally would allow a creditor to seek to have a transfer which was...

I will be inheriting a house in Lakewood, CA and am seeking applicable taxes, if any, when I inherit the home.

California does not have an estate or inheritance tax, so there would be no tax to you on the receipt of the house. There is a possibility that...

My child will stop receiving social security payments when she turns 18. Most of her payments have been placed into a savings

Generally, no. At least not without her consent. The money is hers, not yours. Under most custodial accounts, the funds must be released to the...

Wanting to know what tax liability I will have on any debits that are written off in a bankruptcy.

Generally the release or cancellation of debt is treated as taxable income to the full balanced owed at the time of release or cancellation. ...

Do I need a Deed of Distribution?

I would need more information to completely answer your question. However, action should be taken to clear title to the property following your...

Are daughter's finances/assets part of Medicaid process for mother?

No, your financial information is not required for Medicaid qualifications. However, your mother's income will likely be allocated to her cost of...