Do we need to probate for property only?

The answer depends on how they held title in the first place. I am unfamiliar with TX law, but in CA there would be 2 possibilities: 1) An...

What type of taxes will I pay on a sale of a second home?

My colleagues are correct regarding the treatment of long-term capital gains. As for your other two points; you are unlikely to be in the lowest...

Amount paid to executor of the estate

The executor and attorney would each be entitled to the statutory fee as shown by Ms. James.

Re a joint family revocable trust, is it best practice for the asset schedule to designate the property as community or separate

In short, the answer is yes. However, as Mr. Schultz noted, it does not fund your trust. It may also not be conclusive evidence of the character...

My husband & I have just drawn up our wills & trusts in Florida. If we move to another state will they be valid?

Although moving to another state does not invalidate the documents, leaving your plan in place as is may outdate them. Estate planning, like other...

No, it does not need to be redone. Estate planning documents are not invalidated by a subsequent change in residence. However, estate planning is...

I would like to incorporate a staffing firm. What kind of legal roadblocks can I expect?

I agree with Mr. Doland. Delaware has a good reputation for businesses for a number of reasons, most of which are entirely inapplicable to small...

It is worth noting that depending on the nature of the fees, the deduction ought to be reported against the thing it is for. For example, if you...

Requesting information on how to dissolve a trust?

If you are represented by an attorney, your questions really ought to be addressed to that person. If you are unhappy with the service you are...

My father received a letter from his sister claiming that they removed him from the living will my grand parents that was sighne

Mr. Schultz has given a good response. To drive home 2 major points from his response: if your grandfather is alive and has capacity, he may...