Estate Law

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As part of my mom's estate we have money invested, cash, and
As part of my mom's estate we have money invested, cash, and a property. Do we have to wait until property sells to distribute the cash and investments?… read more
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Our family has not been able to settle their parents estate
Our family has not been able to settle their parents estate because of a $500,000.00 investment in a shopping mall which cannot be liquidated. … read more
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I have a question about handling an estate. My father passed
I have a question about handling an estate. My father passed on May 1 and my brother and I are handling the estate. My father owned no real property or vehicles and his personal property--no intrinsic… read more
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I am leaving for a trip with my wife in 5 days. We have not
I am leaving for a trip with my wife in 5 days. We have not updated our Will in many years. We may have time to update this before we leave on 9/7, but trying to understand if I should be considering … read more
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In December 2015, my father died. I am the trustee, and a
In December 2015, my father died. I am the trustee, and a beneficiary under the trust, of an interest he held in a partnership, which consisted of a rental property. I want to transfer 1/2 of my partn… read more
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My mother passed away last week. She has a living trust of
My mother passed away last week. She has a living trust of which I am the executor. Part of here trust includes equities which I would like to sell off (to avoid any upcoming MKT crash). I have the on… read more
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7520 is used to determine the Income beneficiares amount in
7520 is used to determine the Income beneficiares amount in a court directed trust termination. What is the beneficiaries basis in the amount received?… read more
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In the early 1950's, my grandfather died and left a portion
In the early 1950's, my grandfather died and left a portion of his estate in a generation-skipping Florida trust (“Trust”) to his descendants. He appointed his son the trustee, the lifetime income ben… read more
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I do not want to get into any trouble because of the prudent
I do not want to get into any trouble because of the prudent investment laws. does the investing of money have to always make money or I GET into trouble as the trustee?… read more
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My mother in law passed away a few months ago. My husband
My mother in law passed away a few months ago. My husband and his brother are the executors/co-trustee's of the trust. They are in agreement together with everything their mom wanted. The sister wants… read more
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My mother died in 2013 on May 5. I am executor of her will
My mother died in 2013 on May 5. I am executor of her will and trustee of her Living Trust, part of which was irrevocable and consisted of 7/9 interest in a 60 acre family farm, operated as a partners… read more
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Sibling A is executor of the estate. There is outstanding
Sibling A is executor of the estate. There is outstanding debt against the estate. Sibling A gets free and clear house, and free and clear car. All other assets split among multiple siblings. Discover… read more
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My parents are both alive and in their 70s. There are three
My parents are both alive and in their 70s. There are three adult children, two grandchildren. As children, my father gifted each of us money under the Uniform Gifts to Minors Act, but maintained inve… read more
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As the sole beneficiary of my Mothers revocable living trust,
As the sole beneficiary of my Mother's revocable living trust, I will inherit aound $100,000. She lived in KS and I live in CA. The bank in KS wants to know if they should have the assets liquidated i… read more
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California testamentary trust (death of settlor of living trust)
California testamentary trust (death of settlor of living trust) provides that his home is to be transferred free of all encumbrances to one (beneficiary A) of two beneficiaries. The other main asset … read more
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Tax question. I am a beneficiary in a Trust. The question
Tax question. I am a beneficiary in a Trust. The question is what is the tax remification to me as a remainder beneficiary when the Trustee of an Estate is Liquidating a Partnership and distributing t… read more
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Hello, I am executor and sole heir to my mothers estate which
Hello, I am executor and sole heir to my mothers estate which consists solely of bank CD's about half of which were put into a revocable trust by her. Her final expenses are very low and will be able … read more
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My question is both legal and ethical. My mother is 97 years
My question is both legal and ethical. My mother is 97 years old and has let a fabulous life. In her present state though she is no longer the person we knew and for all practical means, is here but n… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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