Capital gain tax, on a trust that holds, real estate, which is being sold.
You should also talk to an experienced CPA who is familiar with 1031 exchanges. Your question is a little too specific for this forum.
Cathedral City, CA
Estate planning Lawyer at Cathedral City, CA
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You should also talk to an experienced CPA who is familiar with 1031 exchanges. Your question is a little too specific for this forum.
You probably can, but don't try it without talking to a tax professional and a trust and estates lawyer. A lot depends on the age of the...
You would be better off taking what you have to a new estate planning attorney who can create a new trust or a restatement of the old trust.
Don't sign anything and retain probate counsel to sort this out.
Unless the friend and his sister had a lease or a written employment agreement or are named as a beneficiary under a will or trust, they pretty...
You will need to get your son to sign a deed transferring his interest back to you. If he won't do that, there is not much yo can do absent proof...
The house will probably need to be probated assuming the house was not in joint tenancy with one of the heirs. The house going by intestacy will...
Legal capacity to create a will is a lesser standard than legal capacity to handle one's financial affairs. Having said that, if you have strong...
If you have a living trust and a will you should have both documents reviewed by a trust attorney to make sure the documents are not working at...
Many banks allow the account owner to name someone as the "Transfer on Death" beneficiary. The also allow the account owner to names someone as...