Are fees paid by an estate to an executor subject to federal income tax?
Yes, you did work for the estate and that is income subject to income tax. The estate should send you a 1099 form, but you are required to report...
Los Altos, CA
Estate planning Lawyer at Los Altos, CA
Practice Areas: Estate Planning, Probate ... +3 more
Yes, you did work for the estate and that is income subject to income tax. The estate should send you a 1099 form, but you are required to report...
I'm sorry about your father's death. Who will receive what depends on the way that your father's assets were "titled" (joint tenancy, tenants in...
Not all states accept handwritten wills. In order to be sure that yours does, you need to consult a local attorney. It's really not that...
If you are the owner of the life insurance policy (I presume that is what you mean by the "subscriber"), then it does not go through probate. The...
You say that your father bought the house for you. Is your name on the deed, or did he prepare a trust that says the house is to be yours? If...
"Marital" trust and "family" trust are terms that different lawyers use differently - there's no "set" definition for them ... usually (but not...
If the grandchildren and great grandchildren are descendants of the 2 living children (vs. being the descendants of a deceased child), then they do...
If you were in California, it would be possible for the creditors to try to collect his debts from you up to the amount that you inherit from him...
You need to see a competent estate planning lawyer as soon as possible. You are indeed at risk if you are not on the deed to the house. As for...
The notary can notarize your father's signature on the amendment. But if the notary drafts the changes, s/he is practicing law without a...