28 Jul I’m selling an inherited home. What taxes will be due?
Your tax basis is generally the fair market value on the decedent’s date of death. ...
26 Jul What happens if I don’t change a deed after a parent dies?
You need to record a deed before you can sell a property. ...
23 Jul My dad won’t sign off on our inheritance. What can we do?
You may need to have a court decide when there is a dispute....
19 Jul How can this retired police officer qualify for Medicaid?
Medicaid has very strict income eligibility requirements. ...
19 Jul I was Mom’s power of attorney. Do I need to be named administrator?
Different documents govern powers when you're alive and after you die. ...
15 Jul Mom wants to leave me her home. What happens with Medicaid?
Medicaid will consider your assets when it reviews eligibility for benefits. ...
08 Jul What happens when a revocable trust is amended?
Assets in a revocable trust are still owned by the same trust even after it is amended. ...
07 Jul Can I give money away without it being a taxable gift?
The lifetime gift tax exemption is $11.7 million in 2021....
06 Jul My mom died. How can I take over her car lease?
The lease contract will dictate your options when there is a death. ...
05 Jul How can I choose an executor if I don’t want it to be family?
There are several kinds of professionals you can hire to be your executor....