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We are about to inherit$50,000 from the sale of our late
we are about to inherit$50,000 from the sale of our late father. Is this taxable … read more
Barrister
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Hopefully Barrister is available to answer another question
Hello Again, Hopefully Barrister is available to answer another question on the topic we started last night. My sister in law, the one that has the deceased fathers account in her name only and is the… read more
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We are in the process of selling 2 homes. both were jointly
we are in the process of selling 2 homes. both were jointly owned by my deceased mother and my living step father. the properties are now in the name of the family trust. I am the executor. How do I h… read more
RayAnswers
RayAnswers
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We have a living trust My father passed away seven years
We have a living trust My father passed away seven years ago. I am named the executor Will my name be placed on his assets ?… read more
LegalGems
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My name is ***** ***** dad passed away, left us a annuity
Hi, My name is ***** ***** dad passed away, left us a annuity acct.My father did set up a trust acct. In that trust acct. My father wishes that if one of his children pass away that their child or chi… read more
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RayAnswers
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Father passes away with 4 children, he has appx.750000.00
Father passes away with 4 children, he has appx.750000.00 cash, and house and 11 acres valued at 220.000.daughter throughout the year's has been advanced 140,000,and also gets the house and 3 acres va… read more
RayAnswers
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Father past away at 90, at the beginning of this year and without
Father past away at 90, at the beginning of this year and without a will. He lived in Arkansas, owned a farm and had a CD and checking account. Total value estimated $200-$250,000. A few years ago, wh… read more
RayAnswers
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My father signed his house over to me back in 2009. The house
My father signed his house over to me back in 2009. The house was solely placed in my name. We did through a bargain and sale deed with conveyance to a life estate. Along with the deed transfer was a … read more
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My father recently passed away. Before he died he was in the
My father recently passed away. Before he died he was in the process of selling a piece of land. My family no longer wants to sell the property. There is no written contract and the only thing the buy… read more
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if a widow has two adult children and one dies, then the other
if a widow has two adult children and one dies, then the other one moves in with the mom to take care of her and sells their home, is the estate of the widow still divided between the two if the survi… read more
Alexia Esq.
Alexia Esq.
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My father-in-law wants to give 200 acres of land (the farm)
My father-in-law wants to give 200 acres of land (the farm) to his children. He bought it 40 years ago for $4500 and it is now worth about $500,000. He is married and his wife will not sign off on him… read more
John Legal
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My husband had a piece of property he owned jointly with his
My husband had a piece of property he owned jointly with his father. Upon his fathers death, per a living trust and will, my husband then would own 100% of that property. There were no other parties i… read more
Loren
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what is the best way to distribute my late fathers cd amoung
what is the best way to distribute my late fathers cd amoung his children as per his will?… read more
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Im in the process of meeting with an Attorney on estate planning
I'm in the process of meeting with an Attorney on estate planning for my Dad. I would like to know what is the most cost effective way to do this. The attorney I spoke with is recommending an irrevoca… read more
Daniel P.
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My father is 72, is in the early stages of dimentia and lives
My father is 72, is in the early stages of dimentia and lives in NY state. My sister has power of attorney he gave her years ago to handle any of his financial affairs. She needs to know if there is a… read more
Brent Blanchard
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My mother has a revocable trust, and my sister is the trustee.
My mother has a revocable trust, and my sister is the trustee. The estate is currently approximately $1.4M and includes a $300K annuity and a beach house roughly valued at around $300,000. We are assu… read more
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My mother-in-laws who recently became US citizen has properties
My mother-in-laws who recently became US citizen has properties overseas which she recently inherited from her dad (non-US citizen) who passed away few years back (her inheritance was delayed due to d… read more
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property was tranfered to three children in 1998 valve was
property was tranfered to three children in 1998 valve was apox 140000father kept life estate father now wants tosell property for 155000 and may buy in a asisted living .or condo how would he be able… 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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