Gift tax on property given to heirs.

The answer is maybe. Thats because it depends on the amount and whether she has given gifts before. There is a lifetime exemption of $5.25M for...

When given equal power of attorney can one person make decisions over the healthcare directive without the other?

Mr. Frederick is correct. The default is unanimous. If the agents were to be authorized to act alone, the document needs to say so or state one...

I have durable power of attorney for a very close friend of mine, bank of america will not honor my P.O.A is this legal?

As Mr. Daymude points out, it would be helpful to know the banks reasoning. Maybe there is some kind of defect or the power is not a broad as you...

What kind of lawyer do I need?

You need an elder law attorney to seek a guardianship for your mother (in California we call it a conservatorship). What estate? Your father? ...

When should. I hire an attorney

Ms. James is correct. You may have left out some facts. Did your mom remarry after your dad's death, or were they divorced? If divorced, did the...

What is the law regarding giving a house as a gift from a parent to a child?

I agree with my colleagues. Also, the probate will result in 50-50 ownership. You either need to disclaimer or gift your interest to your brother...

Not sure what your question is. What its seems like is that John Doe created a trust for the benefit of Jim Doe and named Jack Doe as trustee of...

Selected as the best answer

You are correct to be confused. Its not your obligation and the Deed of Trust should have been recorded by the lender when the note was issued? ...

As a backup trustee (original trustor recently deceased) should i have received a full and complete copy of the revocable trust?

Question, are you also a beneficiary? As a beneficiary, or heir, you would be entitled to a complete copy of the trust. See Prob. Code Section...

Where can I find some legal help with my family Trust & the estate that's in probate since 1992 to currently?

If the Will is still in Probate and there is an active case, that does raise a lot of red flags. You really need to get a good Probate Litigation...