The IRS will view this as a gift from your parents to you and your wife. To the extent the value of the gift is greater than $52,000 (which is...

Property that was first in a Will and then in a Living Trust.

This sounds like a duplicate question. If your father inherited it, it became his to do with as he pleases. The information you obtain at this...

Property left in a will and then transferred into a living trust

No, if your grandmother's will said that the property went to your mother, then once it passed to your mother, it belongs to her and she can do...

Obtaining power of attorney over a deceased parents estate.

I'm sorry about your mother's death. The IRS will not release tax information without "letters testamentary", which you can only get by being...

I am the trustee for my mother's CA revocable Living Trust. Would I be notified if a change was made removing me as trustee?

I disagree with Mr. Fink in one respect ... if you are currently acting as the trustee, then you have a right to be notified that she has removed...

Probate, estate, fraud

Most states have laws against "financial abuse of the elderly". Check this website: ...

Frustrated here. Is it required, not "suggested" that one go through Probate in Texas. By law.

I am surprised that a realtor would list a house for sale when the person who signed the listing agreement is not the person named on the deed as...

Does my stepmother have to probate my father's will?

I agree with Mr. Tigerman that there could be no assets for you (if all of the assets were held in joint tenancy). If you believe that there are...

Probate - how to clear title on real estate never listed in probate filing

I had a similar situation in California recently. My client, who was the son of the original deceased executor, petitioned the probate court to...

Is a death benefit considered taxable income if the check is made out to a trust?

Just because the money was made payable to a trust does NOT make it tax exempt. This is regular income and should be reported as such. The trust...