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I am the sole beneficiary of an estate. The deceased owned

I am the sole beneficiary of an estate. The deceased owned 8/9 shares of land with no house on the property. During Probate of the estate does the property need to be appraised if the 8/9 shares are getting transferred to the beneficiary? Can they just use the taxed value?

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

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Is the executor of a will required to notify heirs of

Is the executor of a will required to notify heirs of account of bank assets & appraisal of home of deceased before listing the home for sale?

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ScottyMacEsq

Doctoral Degree

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I was POA of my mother's Will. I went to a lawyer to assist

I was POA of my mother's Will. I went to a lawyer to assist me with how to sell her property once she passed. He put the Will in a Trust so that I would be able to sell the property. She passed in May, sold the property in October. I would like to give the shares of the proceeds of the Trust as according to the Will. By putting this in the Trust I was under the impression this held it out of probate. Do I have to open probate or file anything in the newspaper about her passing. I live in Michigan.

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

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My husband of 45+ years passed away 3 years ago we had 1

My husband of 45+ years passed away 3 years ago we had 1 child from our marriage, but he 3 children from a previous marriage. Are they entitled to anything? and am I legally required to go to court?

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Loren

Juris Doctor

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My father died recently. I am the sole trustee, the sole

My father died recently. I am the sole trustee, the sole Executor and we have a trust which is not clear about the bank account I have with my dad who is now dead. Is the money left in the bank account apart of the trust now or is it mine because I saved it and use it to pay off his debts and want to know if what is left in the account is mine or does it become part of the Trust???

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Loren

Juris Doctor

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I am on the Deed of Trust, to our home, but not on the

I am on the Deed of Trust, to our home, but not on the mortgage loan. What are the consequences, to me, if my husband dies before me?

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Richard

Owner

Doctoral Degree

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As a second wife, do I have the right to beneficiary

As a second wife, do I have the right to beneficiary designation? Can a company decide that a retired worker cannot change his beneficiary when he has made a second marriage?

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Christopher B, Esq

Attorney

Juris Doctor

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I have an IRA and an Annuity with beneficiaries. These are

I have an IRA and an Annuity with beneficiaries. These are NOT probate assets, and assuch, do not come under the control of the executor of the estate. The IRA custodian U.S. brokerage has informed me as follows: If title to your account does not pass automatically, an estate proceeding will be required before we can distribute the assets in your account.Upon the death of the beneficial owner, the U.S. brokerage firm is forbidden under U.S. tax law from transferring the assets from the decedent's account until the IRS has concluded its estate tax audit.Is this correct regarding IRA and Annuity beneficiaries?

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RayAnswers

Lawyer

Doctoral Degree

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34,544 satisfied customers
My name is***** have been married to my husband years, I had

Hello my name is***** have been married to my husband for 15 years, I had a home and a business which I sold for my husband and I to live on. We also sold my home and used that money to buy one together we lost it in 2007 to foreclosure. My husband has a very wealthy father who passed away 3 years ago his mother had a daughter when she married his father which the father adopted. My husband has taken care of his mother and father daily since the day I met him. The family trust was set up for the 3 siblings to split 3 ways. My mother in law convinced my husband to sign her as conservator of his trust. My husband was drinking at the time and has became sober of two years. She has now put His 1/2 sister as his trusty and will not allow him to have any money other then a monthly stiffen. my husband is 55 years old. I have 2 children from another and he has one. The mother and sister want to make sure I get nothing or my boys. My husband went to the attorney early on and had him put me as the beneficiary. I think my mother in law changed that he swears he never did. Can she change what he did or would he have to change the beneficiary himself. I have 100% of my money into this marriage and I don't want to surprised if something were to happen to my husband, his mother is very selfish and controlling. Thank you Toni

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Bill Fix

Attorney

Juris Doctor

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