October 12, 2021 •
Estate Planning If you’re planning an inheritance, be careful about leaving these assets to a loved one. They may create more trouble than they’re worth.
Read MoreJuly 9, 2021 •
Estate Planning My sister passed away. Her only possession was her home, which still has a mortgage and she left it to my son and daughter, her niece and nephew. What inheritance tax will there be?
Read MoreMarch 23, 2021 •
Estate Planning Inheriting a residential property like a house marks the end of a life and the beginning of deciding what to do with the property and implementing that plan.
Read MoreMarch 17, 2021 •
Estate Planning My 91-year-old mother-in-law died on Dec. 13, 2020. There was no will, so we are currently working our way through the probate process. Her income was less than $20,000 a year from Social Security and we can’t find any tax returns she filed. Was she required to file?
Read MoreFebruary 26, 2021 •
Estate Planning When a house is sold, the seller is responsible for paying tax on the profit in the year of the sale.
Read MoreJanuary 12, 2021 •
Estate Planning I am a single retired parent to an adult daughter, who is an only child. The home I currently reside for the last 26 years still has a mortgage and the deed is in my name only. I have a will that states everything is left to my daughter, and then to my grandson, if she proceeds me in death. Should my daughter be added to the deed?
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