Livling trust

I concur with Mr. Hiersekorn, based upon his assumptions. The successor trustee should not "borrow" from accounts earmarked for specific...

If grandpa died without a will, the entire estate will pass under the intestacy statute of his state (WV?). Almost certainly someone will have to...

Our grandmother passed and left property to her son and grandchildren.

Snce I am not licensed in PA, I can only reply in general terms. The first question would be how long the son survived, and whether or not that...

Non Probated Money market

I defer to Ms. Golden's knowledge of MA law on joint or POD accounts. Here in WA, there would have to be clear and convincing written evidence of...

Are heirs to an estate obligated to submit their social security nos. to the administrator to supply to IRS?

Yes, I concur with Ms. Brewer, and have had this question come up a couple of times recently. The administrator is responsible for filing any...

Why would a life issurance company ask beneficiary to send mortuary billing along with death certificate?

The mortuary billing is not a creditor claim against the estate. In most states it is of a priority between the expenses of administration...

Your question sounds a bit confused, which concerns me that you may get yourself into a liability situation if you are acting as a court appointed...

I have been a green card holder for 25 years, orginally from Canada.

I assume your estates are large enough to be subject to federal and, perhaps, state estate taxation at death. (Keep in mind at present the federal...

Exemption/Marital Trusts Taxes

I'm going to assume that the source of the $10K reported on the individual's Sched B was a trust of some sort. Unlike partnerships and S-corps,...

My late father claimed that my stepmother is to leave assets to me when she dies. I don't trust her to do this.

Unless she entered into a contract to make a will that is enforceable in the state whose law governs their wills, you may be out of luck if he left...