If Probate is done and one of two Beneficiaries' dies before receiving their half of the real property ,who gets it?

Most likely the estate of the deceased beneficiary but the terms of the Will need to be analyzed carefully. The decedent's family may need to open...

First, no income tax on a gift. The transaction is a change in ownership, so notwithstanding the gift, property taxes will be reassessed to fair...

As a co-trustee of a trust estate, no agreement on how to distribute trust assets. Is filing first in court an advantage?

The duty is to follow the trust. You are not achieving anything by playing his game. Under 17200 you can file a Petition for Instructions or to...

Do you have to report trust fund monies received to the IRS after they are withdrawn and used?

You have a lot going on. Matriarch should have been reporting any income distributed to her from the two trust funds. The money to the son is...

While tax returns are confidential, if you agreed to the MSA or did not timely object you would be bound to it. You really should consult with...

Mother signed a quit claim deed to my name a year ago, I have not recorded it yet. Have one sibling, what happens if she dies?

To the extent you are looking for a legal opinion based on your facts, this is not the right forum. If its your mother's intent that you get the...

Who get insurance on a joint owned house?

Its complicated. You should have been listed as an additional insured. This really is a real estate question. I have recharacterized so you get...

Who are the beneficiaries of the irrevocable trust, who are the trustees? The trust will determine and state the powers of distribution that are...

How can i borrow money from family trust

I will disagree with Mr. James as a formality. A LOT MORE information is necessary. Is the settlor of the trust living? Is the trust still...

Can anyone contest an administrator of an estate if you know some information is incorrect?

The person contesting would have to have an interest in the estate. Any of the six heirs, or anyone else named in the Will should have standing to...