| Recent Answers from David Hollingsworth |
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2008-09-03 Probate estate limits: Again no simple answer, sorry. The amount of tax is based on the relationship of the heir to the descendent. For instance if the heir(s) are the children or parents of the descendent then they each...
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2008-09-02 Probate estate limits: I do not quite understand your question. If you are asking what size must the estate be to open it there really is no particular limit. You can do what is called a small estate affidavit if the estate...
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2008-08-30 Land Warranty Deed?: YOu must get a copy of the deed when you and your folks took title. THe answer to your question could go either way. If you took title with "rights of survivorship" then your siblings are out. If you...
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2008-08-27 Residency requirement: First there is no such thing as an executor of a trust. The trust has a trustee and that person can be anyone and can live anywhere. Most probate courts will either require that an executor of a will...
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2008-08-25 Death of Parent: If in fact he has an option to take the money over an extended period of time then I will assume he can postpone the income tax aspect by reporting only as he takes the money out. I am not a tax expert...
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