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Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself.
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Archives

Tag Archives for: "rental property"
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 Is Co-Owner of Apartment Building Entitled to Reports on Its Management?
0
By Harry Margolis
In Real Estate
Posted March 9, 2023

Is Co-Owner of Apartment Building Entitled to Reports on Its Management?

Question: My sister owns half of a seven-unit apartment building with my brother. She wants quarterly reports and wants to be part of the decisions made with building, but my brother’s [...]

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 Should Estate Plan with Various Businesses and Beneficiaries Include a Trust?
0
By Harry Margolis
In Real Estate, Revocable Trusts, Second Marriages
Posted April 25, 2022

Should Estate Plan with Various Businesses and Beneficiaries Include a Trust?

Question: I’m 65, collecting Social Security, own a condo, and own a building in which I operate a restaurant. The restaurant pays rent to an LLC  of which I’m the sole owner. I have a will [...]

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 What Fee May Trustee of Trust Holding Rental Property Charge?
0
By Harry Margolis
In Real Estate, Trustee
Posted July 24, 2020

What Fee May Trustee of Trust Holding Rental Property Charge?

Question: I’m the trustee of a rental property worth $120,000 and brings in $1,400 a month. Do I charge a fee based only on the value or also the income and what percent? Response: In your [...]

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 Medicaid Requires that Net Rental Income be Paid to Nursing Home
2
By Harry Margolis
In Long-Term Care Planning
Posted January 18, 2019

Medicaid Requires that Net Rental Income be Paid to Nursing Home

Question: A woman is single and owns rental property. I understand that the rental property is an exempt asset for Medicaid eligibility purposes but that the income generated by such rental [...]

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  • Irrevocable Trusts (51)
  • Long-Term Care Planning (173)
  • Non-Traditional Families (16)
  • Non-US Citizens (27)
  • Pets (4)
  • Practical Matters (15)
  • Probate (38)
  • Property in Other Countries (5)
  • Real Estate (69)
  • Retirement Plans (19)
  • Revocable Trusts (102)
  • Second Marriages (11)
  • Social Security (18)
  • Special Needs Planning (70)
  • Trustee (52)
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  • Wills (50)
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Harry Margolis book: The Baby Boomers Guide to Estate Planning

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