08 Apr What tax is due if I use dad’s IRA to pay funeral expenses?
Taxes will be due on money taken from an IRA. ...
Estate Planning
04 Apr My son’s ex wants his inheritance. How can I protect it?
A trust may protect funds from judgments and creditors....
23 Mar How can I get senior community to release assets to this trust?
Disposition of assets in a trust should be governed by that trust....
22 Mar Will this life insurance policy be seen as an asset by Medicaid?
Medicaid has strict income and asset limits. ...
18 Mar Executor won’t sell this house. What can we do?
Executors have a fiduciary duty to pay debts and sell assets. ...
17 Mar We’re trying to close out an estate. Do we need this form?
It all depends on whether an estate tax return needs to be filed. ...
16 Mar How do we pay an executor commission fairly among beneficiaries?
State law sets how much of a commission can be paid, and how. ...
14 Mar Is putting money in a payable-on-death account a good idea?
There are many ways to leave your assets to your loved ones....