Is the amount received from the sale of my deceased parents home taxable

As trustee you will be required to file a fiduciary tax return. While the distributions flow down to the beneficiaries, and are not taxable, you...

My wife had credit accounts under her name only. she paid for these bills from her social security income. she passed away.

Her estate is liable. If there assets held in community property, technically 1/2 of those assets belong to her estate and should be used to pay...

You may be able to file a spousal property petition to get the court to confirm the property to you as surviving spouse. This is generally faster...

My ex son in law passed away recently he has two kids, his parents are still alive who is the next of kin

Ms. Cook is correct. If he had no surviving spouse, the children would be the next of kin. If they are minors it is complicated but they would be...

What share is my brother's pretermittted spouse entitled to in probate?

If your father wants to make sure she gets as little as possible, I suggest he hire an attorney. What she gets will depend on how long they were...

Is the $50K in real property included in the $150K gross value allowed in order to avoid probate?

You have to value the entire estate together. If the entire estate is less than $150,000 probate can be avoided. In another words, if your real...

Can a lawyer lie to it's client in how much the plaintiff is willing to negotiate with the amount of money being given?

Your question is a little confusing. A lawyer cannot lie to his/her client. If there is an issue regarding settlement or attorney fees, discuss...

When do you transfer real property during probate in Calif. Does it occur before you go to court for the final distribution.

If you all want to keep the property you are in the right track. You cannot transfer title until there is an ORDER on your Petition for Final...

Steps to transfer home left in will to four people so property can be sold

The executors named in the Will need to open probate and have themselves appointed executors by the court. They will then have legal authority to...

How can i get my name on title of my dead uncle without a will but is owed back taxes and house is not in livable condition.

You can probate the estate, give everyone notice, ask them to assign their interests to you and then you can sell the property.