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What do i do my dad left me and my sister and brother the house we sold it do we have to pay taxes?
Barbara's answer
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Answered on June 07, 2018
When your dad died, the “basis” of the house increased to market value. So if you sold the house for less than market value, you won’t owe taxes on...
Archived
It it legal to have a inheritance, but are to be married or financie. To get it. And the money to be in. The mans name
Barbara's answer
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Answered on June 06, 2018
Your friend should get a copy of the will or trust and take it to an attorney for review. It’s possible a provision requiring marriage could be...
Archived
How can we begin the process of purchasing the property where we are currently residing?
Barbara's answer
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Answered on June 06, 2018
Legally, anyone can file for a probate. The spouse, and then the children, have priority to file. But if they haven't, you can file. You would have...
Archived
I have been appointed Personal Representative in the state of AZ. I have submitted my bills, do I get paid for my time?
Barbara's answer
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Answered on June 05, 2018
You should re-post your question as an Arizona probate question. It is Arizona law which governs whether and how much a personal representative...
Archived
Do I the right to stay in My home until after probate?
Barbara's answer
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Answered on June 05, 2018
First, if she's not either the executor of the estate or a joint owner of the home, she has no rights to tell anyone to do anything.
But if she...
Can I move into a different family member's home other than my parents'?
Barbara's answer
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Answered on June 05, 2018
You can live with another adult with your parents’ permission, but they would need to sign a temporary guardian paper so the other adult could...
Archived
Can a Probate Administrator manage the assets of a beneficiary who lacks mental capacity after the estate is closed?
Barbara's answer
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Answered on June 03, 2018
If your uncle lacks capacity, a POA would not be valid. If your uncle has capacity despite his disabilities he can give you POA. If the will did...
I have inherited my parents home through a living trust. I am the only beneficiary, and trustee. Can I gift this home to someo
Barbara's answer
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Answered on June 03, 2018
As the child of the people on the mortgage you are entitled to keep the existing mortgage so long as you remain current. The bank is not obligated...
Archived
How can expensive CA probate fees, lawyer included, be avoided. Is a will or living trust preferred or another option?
Barbara's answer
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Answered on June 02, 2018
As Ms. Campbell indicated, having a trust drafted for your particular family situation and assets, and being sure that all property is funded into...
Archived
What would be my next step if my grandmother passed away I was living with her taking care of her and I want to assume the mortg
Barbara's answer
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Answered on June 02, 2018
I’m sorry to say that nearly every week there are posts about what “everyone knew” or “what grandma wanted.” If it wasn’t in writing, it has no...