When is it advisable to have a Testamentary Will ? When is it advisable to have a Revocable Living Trust?

I think both of my colleagues have fully addressed the issue. I personally see no value in forcing probate. Having a fully funded revocable trust...

I'm trustee of my trust & want to dissolve it. Attorney who wrote trust is deceased, have no copy of it & it was not recorded

Not sure what you mean by dissolve. Do you mean revoke? Was it funded? If no assets were in the trust, then its really not an issue. If its a...

Is my husband entitled to half of a house that was bought with inheritance money I received from my brother?

It sounds like separate property and should be yours, but you need to consult with a family law attorney.

What are the tax consequences on an inheritance from a living relative?

This is a gift not an inheritance. Any federal gift tax is an issue for the donor (your mother). Georgia does not have a gift tax. Gift tax...

If the owner gifted me 50% ownership of his condo can the assoc. prevent me from living there?

Ms. Johnson provided a complete answer. You need to review the HOA agreement to determine rights to transfer and rights of a tranferee.

Can I charge my wife with larceny if she takes my property, a gift she gave me before we were married or even lived together ?

Thats up to the police and DA. You can file a police report and see what they say.

Selected as the best answer

Who pays the property taxes of the deceased if the estate has not been settled, and the property has not yet been transferred?

Mr. Pankowski is correct. This is an obligation of the estate. The problem here is there is no cash. If the house were sold, all the bills would...

When is an Installment Land Contract perfected under the laws of California so that one can qualify for the mortgage interest

You have equitable title even though you dont have legal title. The IRS allows for the buyer to deduct the interest.

WHat takes precedence, a Will or the names on the account?

If it was set up a joint tenants with rights of survivorship and intended to be that way at the time of creation then the account controls.

Hi, im 26 now and my dead grandmother left me a trust fund ,and i was wondering how do i get it?

You need to contact the trustee of the trust. If you already reached the age of distribution and the trustee does not have some power to defer...