Question: As sole beneficiary and personal representative (with papers etc.), how long can I keep the estate open after becoming personal representative? Is it up to me to determine when to [...]
Question: My father died in 1988. There were unclaimed funds in New York which were in the form of stocks. Of course, over 36 years the stock appreciated a lot so there will be capital gains. The [...]
Question: I am starting a 1041 for my Mom’s estate and had a question about distributions. My sister acquired my Mom’s share of the house they both owned and lived in together. Is my [...]
Question: I am the successor trustee for my grandma who lives in Arizona. She has a home in California in her trust. I’m planning on selling the house when it’s time. My question is [...]
Question: I was put in touch with a friend of a friend whose mother is unfortunately in the final days or weeks of a terminal cancer. Her attorney advised her not to pay her mother’s [...]
Question: I was put in touch with a friend of a friend whose mother is, unfortunately, in the final days or weeks of a terminal cancer. Her mother is renting a condo in Massachusetts. What [...]
Question: I am the executor of my brother’s estate. My niece and I do not agree on one issue: her student loans. I spoke with a close family friend last night. We both agree that my brother [...]
Question: I am the executor of my mother’s will. I have 4 siblings that are living. When the will was written up my mother signed and the notary had my son and myself sign as witnesses, not [...]
Question: My cousin passed away and left an estate of $1.1 million plus. She had a current will which was conveniently missing at the time of her death due to shenanigans by the public guardian, [...]
Question: I am the trustee for my mother’s irrevocable trust. She passed in 2020. All the assets in the trust have been distributed to the four beneficiaries. The only asset remaining is a [...]