Archived
Can Elderly Parent take advantage of deceased spouse (passed away 2011) unused gift/estate tax exemption?
Armen's answer
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Answered on January 16, 2015
No. But the time limit is actually 9 months after the deceased spouse's death - not 6 months.
Archived
Is there any law that says the trustee successor can't wait until after the funeral services to give copies?
Armen's answer
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Answered on January 16, 2015
I agree with the previous posts. Also keep in mind that the sooner you send the notice to beneficiaries/heirs as required under Probate Code...
If a trust states "It is the settler's wish that the beneficiary not sell the property", is it legally binding?
Armen's answer
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Answered on January 15, 2015
Once the asset is distributed to the beneficiary, nothing prevents the beneficiary from selling or otherwise disposing of the asset as they see...
Archived
Do I have to sell my mothers's house and split the proceeds if indicated in her will?
Armen's answer
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Answered on January 13, 2015
You are the Executor named in your mother's Will. Did she also have a Trust? If so, are you also the Trustee of her Trust?
If she only had a...
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