Questions answered by Zaher Fallahi

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My Mother, has her only home in her trust, would like to gift the property to me (son). Can this be done before her death?

Zaher's answer | Answered on November 28, 2015

She can take it out of the trust and gift it to you now. Under this option, you carry her tax basis, and if you sell it, you will have to pay taxes...

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Does my newborn child need a SS # in order to be named the beneficiary of a will, trust or estate?

Zaher's answer | Answered on November 28, 2015

Congratulations on arrival of your new daughter. Generally, you do not need a social security number for a beneficiary. However, you will need one...

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True an estate is off the hook on a mort after the 6 month election period for calling the loan passes & Mort co hasn't respond?

Zaher's answer | Answered on November 28, 2015

I don’t believe we have such law in California. I would obtain a second opinion. If that is the law of the Great State of Texas, good for you. Of...

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If i will receive the salary paycheck from one company which is in ownership of the Trust,

Zaher's answer | Answered on November 28, 2015

Whose trust is it ? Simply, by depositing a paycheck in a trust account, one cannot exclude it from taxation. Generally, a grantor living trust is...

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I inherited minerals, natural gas wells and farm land. I am in the process of getting all my things in order

Zaher's answer | Answered on November 28, 2015

It sounds like you have substantial property and should consult an attorney for specific advice rather than obtaining general information to do it...

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How do I report possible elder abuse?

Zaher's answer | Answered on November 28, 2015

I agree with attorney Joseph Franklin Pippen Jr.. Proceed accordingly. The information presented herein is for general purposes only. It is not...

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Can you revoke or change a POA?

Zaher's answer | Answered on November 28, 2015

As my colleague said, a POA can be revoked. Have mother prepare another POA, which revokes all prior ones, exercise her rights and enjoy the...

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My father-in-law is having heart surgery and wants everything to go to his wife in case 'something happens'.

Zaher's answer | Answered on November 28, 2015

Since time of the essence, you should consult a Pennsylvania lawyer, like Attorney Steve Zelinger. The information presented herein is for general...

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If a beneficiary dies without a will before an estate is settled, how is the estate divided?

Zaher's answer | Answered on November 28, 2015

As my colleagues suggested, in general, the share of the deceased sibling would be probated distributed according to the state law. A trustee has a...

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Possible partition of multi-family home still in Trust.

Zaher's answer | Answered on November 28, 2015

Yes, the property may be partitioned, or the court would provide alternatives for equal shares. It sounds like it is a substantial property and you...

Zaher Fallahi's Answers (3508)

My Mother, has her only home in her trust, would like to gift the property to me (son). Can this be done before her death?

Does my newborn child need a SS # in order to be named the beneficiary of a will, trust or estate?

True an estate is off the hook on a mort after the 6 month election period for calling the loan passes & Mort co hasn't respond?

If i will receive the salary paycheck from one company which is in ownership of the Trust,

I inherited minerals, natural gas wells and farm land. I am in the process of getting all my things in order

How do I report possible elder abuse?

Can you revoke or change a POA?

My father-in-law is having heart surgery and wants everything to go to his wife in case 'something happens'.

If a beneficiary dies without a will before an estate is settled, how is the estate divided?

Possible partition of multi-family home still in Trust.