Recent Estate Planning Questions and Answers:
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| Transferring an estate to a wife
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Although many specifics are provided here, there still aren't enough. With an estate this size, a plan is needed. This would include, perhaps, a CRUT providin
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| inheritance
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If there was a will involved, you can check with the court in the district in which the person died (it is usually a probate court). The will will typically be
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| Should I purchase mortgage protection?
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This is a legal, not accounting question. I am not an attorney so cannot give legal advice. If you do not have full ownership of the house either through havi
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| How do I get rid of a trust company?
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You will have to look to the terms of the trust to see if you or someone else can remove the trust company. If the trust does not provide for this then you hav
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| Tax Responsibility
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While I cannot give you specific tax advice in this forum (due to my not knowing your particular facts), here are some general considerations:
Typically ther
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| Estate Tax on Sale of a home
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I assume that the home will be sold AFTER the family member has died and that there are 4 heirs splitting it. If so, there will be a valuation of the home on t
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| deceased foreign relative leaves me 10 million dollars
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I have to ask: do you really have any relatives in Africa? The reason why I ask this is that there are a number of financial scams that involve persons in Afri
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