Archived
Is there a time frame for posting a death 3 consecutive weeks in the newspaper and for notifying trustees in writing?
Dara's answer
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Answered on May 29, 2013
The notice that is published in the newspaper for a trust is the notice to creditors, unless the Trustee is unable to locate all of the...
Archived
My ex unlawfully claimed my daughter on his taxes.
Dara's answer
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Answered on May 29, 2013
As far as the exemption/deduction goes, I agree with counsel that you need to consult the divorce decree first. Oftentimes the ability to claim a...
Archived
How long it has to take for the trustee to submit a trust account? My mother died last year in July and my daughter who is a
Dara's answer
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Answered on May 21, 2013
Usually an income or outright beneficiary is entitled to receive an annual accoutning. I suggest that you make a formal wirtten demand to the...
Archived
My daughter who is the trustee of my mother trust (she,without of my knowledge, and when my mother was in the hospital ,
Dara's answer
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Answered on May 21, 2013
The State of Nevada, Aging and Disability Services Division provides Elder Protective Services for persons 60 years old and older who may...
Archived
How long does probate last from the date of death?
Dara's answer
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Answered on May 21, 2013
In addition to the other 2 answers provided, it also depends upon the net value of those assets. If the net value is under $100,000, it is...
Can I rent my deceased father's house before probate is finished?
Dara's answer
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Answered on May 09, 2013
It may depend upon what powers you were given as the PR of the Estate. Is it covered by the Will? Covered by the authority granted? If you are...
S-corp assets and federal estate tax return (706)
Dara's answer
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Answered on May 09, 2013
The value of the stock is reported on the 706 estate tax return. The stock needs to be appraised by a qualified appraiser, who is appropriate to...
Archived
Federal Estate Tax Return (706)
Dara's answer
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Answered on May 08, 2013
Yes. All assets owned by the Decedent at the time of death are included on the Decedent's 706. However not all Decedents require a 706. I will...
Archived
Can i claim my new born child on my 2012 taxes shes was born on 2
april first 2013 i have her ss card and bith cirt
Dara's answer
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Answered on May 08, 2013
Congratulations on the birth of your child. She will be an allowable deduction on your 2013 income tax return, but not on your 2012 return. To be...
Archived
I got legal guardianship of my 17 year old nephew, he will be 18 in July. Is my obligation over at this time?
Dara's answer
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Answered on May 06, 2013
I agree with the other answer about the guardianship terminating at age 18. You could continue it, if you wanted past that age in certain...