My wife's mother (who lived in the UK and was a UK citizen)
My wife's mother (who lived in the UK and was a UK citizen) died about ten years ago. Her house was willed to my wife and her sister. All estate taxes were paid in the UK. the sister has always oliver in England. My wife has been living in the US with a green card (but not citizenship) for the past 20 years. If my wife wanted to bring her share of her inheritance back to the US are there any taxes she would owe? It is currently at HSBC in London in pounds.
I worked with an individual who was a licensed broker. he
I worked with an individual who was a licensed broker. he left the brokerage he was with and started a co on his own. I invested in the co he opened and was planning on taking public I have paper work supporting this. He passed away Feb 19th 2016. no will seems to exist. I have stock certificates in several of the co 's he was working on. I am invested to about 200 thousand do I have any recourse?
State of massachutes,my mother in law just dies leaving her
state of massachutes,my mother in law just dies leaving her home to her 4 children ,one of then had passed away late last year,but the will was never changed ,who gets his share of the homeJA: Since estate law varies from place to place, can you tell me what state this is in?Customer: maJA: Have you talked to a lawyer yet?Customer: not yetJA: Anything else you think the lawyer should know?Customer: no
My mother in law has a legal guardian of the estate and
My mother in law has a legal guardian of the estate and guardian of the person, she is in very poor healthIf she passes away, who takes over her financial responsibilities, such as selling her house and liquidating the assetsThe three "children" do not get alongMy wife is her Durable Power of Attorney and her Guardian of the PersonThank you
I recieved property when i was 21 from my deceased father
i recieved property when i was 21 from my deceased father through his will. until i turned 21 my mother was the independent executrix of the property. i have had this property for 21 years to date without an acurate surveyed acreage which i now have. i want to file the new acreage for taxes but at the same time include my spouse in a joint tenancy with rights of survivorship. in the state of texas does my mother still have any claim to saidproperty since she was the independemt executix? would she need to sign a document releasing any claims to the said property? is the right of suvivorship deed valid in the state of texas since an undivided 1\2 interest would go through probate and a will could be contested should i pass before my spouse. we have no children but do have relatives that have always wanted the property and would lay claim to it if they could.
My mom passed away over two months ago and she had no will.
Hello my mom passed away over two months ago and she had no will. Neither me or my brothers want the responsibility of being and executor through the court system. She had/ has a home that she owes way more then it is worth. Her long time companion wants the ,car however we are worried that signing it over to him would tie us to the house or any debt she might of had. We all decided to let the house go let it be forclosed on. So my question would be can it put us at risk signing car to him with the mortgage company? Is it two separate things to apply for administrator of car and house ? Can you please explain how all this work please if and if there is any risk to me and my brothers if we do this for him ? And if you need to know this is in NJ Thanks
My dad passed over 20 years ago,he had property,land etc. My
My dad passed over 20 years ago,he had property,land etc. My mother & 4 other siblings are remaining. I live & pay rent in the house 3rd floor,with my mother on the 1st,my mother has been selling property and not shared anything from my father's estate with my siblings.Now she is trying to evict me from my attic apt (not legal by the way) What are my rights as far as my inheritance? And can she evict me legally from heir property?JA: PayPal, Debitcard or credit card are all fine. Since estate law varies from place to place, can you tell me what state this is in?Customer: IllinoisJA: Have you talked to a lawyer yet?Customer: NoJA: Anything else you think the lawyer should know?Customer: My mother has reverse mortage the house and has put only 1 sibling's name on the deed to the house.
My question is regarding a will. I was told by my ex-step
My question is regarding a will. I was told by my ex-step mom (she was married to my Father at one time) that she was personally leaving me 250,000.00 upon her death. She has been dead for 2 1/2 years and I just recently asked about the money. I was told by her husband that I was mistaken and all her assets were left to him. Is this customary.Thank you, Anise **********************
My mother set up a GST trust through her living trust upon
My mother set up a GST trust through her living trust upon her death. She died in 2002. The trust owns property and has income. I am the sole beneficiary and trustee, and my two children are the beneficiaries upon my death. The property has appreciated and I am now concerned that upon my death the property would transfer, via the trust, to my children with its current book value. If I terminate the trust and transfer the property to me personally, upon my death the property will have a step up in basis and my total assets are below $5,000,000 so will not be taxed upon my death.Question: Is there any tax or legal reason why I should not terminate the trust and distribute the property to myself personally. The trust gives me authority to do so.