Estate Law

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My sister died on May 20,2018. Her home in California is in
My sister died on May 20,2018. Her home in California is in a revocable family trust and i'm a co-successor trustee with my brother. We both are sole beneficiaries of the trust. We plan on selling the… read more
LegalGems
LegalGems
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CA Question for a living trust My husband is named as an
CA Question for a living trustMy husband is named as an heir for the home in our aunts living trust , (aunt ) passed away in January and our mom is the executor . The home just went into contract for … read more
RayAnswers
RayAnswers
Attorney
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My wife's brother passed away in April 2017. Prior to his
My wife's brother passed away in April 2017. Prior to his death their father passed away leaving a modest sum to his children (4). The brother left no will and did not have a trust. My wife has filed … read more
Attyadvisor
Attyadvisor
Doctoral Degree
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Both of my parents passed away in 2014, Dad in Jan.& Mom in
Both of my parents passed away in 2014, Dad in Jan.& Mom in Dec. Several years before they passed away they put my name and one of my sisters on the title to there home, but didn't put my other sister… read more
RayAnswers
RayAnswers
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My brother, sister and I inherited a home in Illinois
My brother, sister and I inherited a home in Illinois following my mom's death. We put it on the market shortly thereafter. None of us lived in the home, but it was expensive to maintain. After 18 mon… read more
Phillips Esq.
Phillips Esq.
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JD
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If one inherits a house from a parent and chooses to sell
If one inherits a house from a parent and chooses to sell it, are the net proceeds sheltered up to a certain amount provided the money is put toward another residence within a given time period? I rea… read more
Richard
Richard
Owner
Doctoral Degree
51,108 satisfied customers
We sold our family home that was left to us by our Mother.The
Hi,We sold our family home that was left to us by our Mother.The diiference in appraisal price and what we were left with after comm,. Etc. Was 15,000 dollars.The proceeds were divided per the trust 4… read more
LegalGems
LegalGems
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You answered estate questions previously. Background we inherited
You answered estate questions previously. Background we inherited a house in California. Three children from parent. House is in a trust under deceased Mom's name. Two sisters, and myself. You indicat… read more
Barrister
Barrister
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Doctoral Degree
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My brothers and I inherited a home in California in 2003. We
My brothers and I inherited a home in California in 2003. We rented it to other people as income property. We sold it last year and received a 1099-S from the title company. In order to report this to… read more
RayAnswers
RayAnswers
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5,629 satisfied customers
I am the executor of my mom's trust, everything was to be divided
I am the executor of my mom's trust, everything was to be divided 3 ways equally. my sister and brother cleaned out her home prior to my arrival. She had all personal property insured for $161,000.00.… read more
Dwayne B.
Dwayne B.
Juris Doctor
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I inherited my moms house in a trust around 10 years ago. Im
I inherited my moms house in a trust around 10 years ago. I'm thinking of selling it. My 2 sisters are also part of the trust. There is an increased value of approximately $250k (total value approx $6… read more
RayAnswers
RayAnswers
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Doctoral Degree
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My mother transferred the deed to her house to myself (her
My mother transferred the deed to her house to myself (her daughter) and my husband. She then passed right after that. There was no will. We painted cleaned out the house and did any repairs. We then … read more
Attorney2020
Attorney2020
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Facts are: Pennsylvania resident died April 25, 2012 owning
Facts are: Pennsylvania resident died April 25, 2012 owning real estate assessed for local, school, etc. taxes at $164,000. House was sold for gross sale price of $320,000 and net proceeds of $296,000… read more
LegalGems
LegalGems
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15,978 satisfied customers
My father transferred sold it to his three daughters for a
My father transferred sold it to his three daughters for a $1.00 with a stipulation that the house could be sold only after his death so his girlfriend not have any claims to it. A year after his deat… read more
LegalGems
LegalGems
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Juris Doctorate
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My son died last February, and his father and I were his beneficiaries
My son died last February, and his father and I were his beneficiaries (we are divorced) so we each share half of the condo he left. It was appraised at $115,900 and it sold for that amount. Besides t… read more
Estate Lawyer
Estate Lawyer
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parents died in december 2010. didnt leave will on house.
parents died in december 2010. didn't leave will on house. i hired lawyer and in may 2011 judge said house was mine. i auction and sold house in may 2012. house initially was bought for 12,000 and sol… read more
Thomas Swartz
Thomas Swartz
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2,922 satisfied customers
My mother passed away April 19, 2008. Most of here estate passed
My mother passed away April 19, 2008. Most of here estate passed to her two sons as beneficiaries and POD.She did have a will. Her home was sold later in 2008. The house had been owned for 43 years. W… read more
Law Pro
Law Pro
Doctoral Degree
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My mother passed away last year. The only property she had
My mother passed away last year. The only property she had was her home that was paid in full. My mom left a will stating what percentage of her estate her children and grandchildren were to receive f… read more
Infolawyer
Infolawyer
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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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