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
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If someone passes away without a will in indiana does a
If someone passes away without a will in indiana does a probate lawyer have to be called if the assets are less than $40,000 and the family have agreed on how items to be divided? … read more
Jessica B
Jessica B
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Mom died May 22 and my brother is trustee. He has not closed
Mom died May 22 and my brother is trustee. He has not closed out the trust as directed by an attorney. He has now signed an intent to negotiate a sale of property in the trust. He tells me he is the t… read more
Barrister
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Doctoral Degree
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In settling an estate, how does "equalization" work if there
In settling an estate, how does "equalization" work if there are two heirs and one will be given a piece of property which they were buying from the decedant. Is the other heir "equalized"'up to the v… read more
PaulmoJD
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I am one of two beneficiaries of my parent's trust. With the
I am one of two beneficiaries of my parent's trust. With the passing of my dad in June 2014, the trustee has done what I consider a reasonable job, even though our relationship has been at times adver… read more
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PaulmoJD
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My parents estate has value primarily made from a farm in
My parent's estate has value primarily made from a farm in Kansas. Upon my Dad's death, the attorney who drew up Wills for my parents hired an appraiser to appraise the farm land and other real estate… read more
TaxAttorneytoHelp
TaxAttorneytoHelp
Owner
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Shares of securities in a grantor trust are equally apportioned
Shares of securities in a grantor trust are equally apportioned between each settlor. When the first settlor dies is the cost basis stepped up on all shares or just the shares inherited by the survivo… read more
Brent Blanchard
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In Calif. My wife and I had all assets in a family trust. She
In Calif. My wife and I had all assets in a family trust. She just died and atty says that a new trust has to be set up to take her half of the assets from the family trust. Is this correct?… read more
TaxAttorneytoHelp
TaxAttorneytoHelp
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My husband and I have been married for 4 years. I have 3
My husband and I have been married for 4 years. I have 3 children my husband has 2 children all over the age of 18. I have a condo which is in my name only, we purchased a rental house and took title … read more
Brent Blanchard
Brent Blanchard
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Suppose that a descendent wants an asset from an estate. If
Suppose that a descendent wants an asset from an estate. If the value of that asset is known, how are the other descedents fairly compensated in the division of the estate - that is how is the total v… read more
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Irwin Law
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My wife and I have an AB Living Trust. The new estate law
My wife and I have an AB Living Trust. The new estate law allows us to set aside an asset worth 10 millions (today's money) without estate tax for inheritance. a. Can we attach an addendum to our Trus… read more
socrateaser
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i am the trustee of a AB trust. one of the grantors died.
i am the trustee of a AB trust. one of the grantors died. how do I fund the B trust? the trust consists of several pieces of real estate, stock and a bank account. also, the grantor died one year ago … read more
John Legal
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What are the California laws about dividing jewelry, furniture,
What are the California laws about dividing jewelry, furniture, coin and stamp collections, sterling silver, etc. amongst the beneficiaries if the distribution of items is not detailed in the will or … read more
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My brother and I are co trustees in a inter-vivos trust, assets
My brother and I are co trustees in a inter-vivos trust, assets being 40 acres and a house in Cerrillos, New Mexico (I have a copy, and it has been asserted legally valid) My brother is the executor. … read more
Dimitry Esquire
Dimitry Esquire
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Two parents died 10 days apart. Each owned stocks separately
Two parents died 10 days apart. Each owned stocks separately and shared ownership of home. Is it best to transfer the stock from the first deceased to the second and then transfer the stock of both to… read more
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If my Dad, who is still living, wanted to sell me his farm
If my Dad, who is still living, wanted to sell me his farm (appraised at 2 million) for 300 thousand, what are the rules for this type of sale? Can you get the property reappraised? Would it be worth … read more
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May sibling beneficiaries of their mothers Will change her
May sibling beneficiaries of their mother's Will change her Will's original intent to their advantage if they do not agree with her wishes (because they do not benefit greatly by her wishes)? Just how… read more
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If a timeshare (one week in a hotel) is left in a will ...
If a timeshare (one week in a hotel) is left in a will as part of an estate, can it be sold for any monitary value, ie $1 exchange, or does it have to be sold at its quoted price? The will was divided… 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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