Are transfers to establish and fund trusts taxable?

I think we need a little more information regarding the type of trust in order to be able to determine which types of transfer would or would not...

If married and filling taxes, your spouse files both peoples separate without your knowing, what can you do? Is it that legal?

What you can do is probably a separate question from what you should do. Start by asking why she filed separately. There is rarely a benefit over...

Can we remove my late father's name from a (nearly worthless prop. deed (he has been dead 19 years) without the cost of probate?

I do not think there is a way to transfer the property without a probate. The small estate affidavit only works in Colorado if the estate is less...

A disability trust may very well be necessary, depending on your own personal goals. Setting up a disability trust can be tricky and when...

Can I write off my mothers' mtg interest, hoa dues, etc. if she quit claims me to the deed?

You may be able to make some sort of transfer to an entity, either to an LLC or trust where your mother is the sole member/beneficiary, but a...

When you foreclose on a property, do you then have to buy at a sherifff's sale to actually have the deed in your name?

Purchasing from a sherrif's sale is valid ownership. The difference between a public truestee's sale and a sherrif's sale really just has to do...

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Does a will have to be probated through the lawyer who drew up the will? Can the family choose another lawyer? (Ohio)

You can choose to go through any attorney (or no attorney) that you wish. It would be nice to have that kind of monopoly, but the reality is that...

Can I file Application for informal probate of will for my spouse with a power of attorney. It's already noterized and signed

The power of attorney really isn't necessary. In fact, the document becomes void at death. Typically, the Will nominates the spouse as personal...

My Mothers' Last Will and Testament

Looking at the Will is really the only way to determine exactly what, if anything, needs to be done. Most Wills drafted today address different...