Archive for May 31st, 2010
property in probate what if sibling contestes appointed administrater?
Margaret G asked:
hearing is friday 8 siblings no will bro. living on property want to get him out can he contest property in probate now?
Craig Apodace
hearing is friday 8 siblings no will bro. living on property want to get him out can he contest property in probate now?
Craig Apodace
what happens to my savings and assets upon my death? I understand some states have no probate?
curtis s asked:
I know my father moved to a state that had no probate so none of his savings or assets were seized by probate to be adjudicated. I live in wyoming and am looking for a way upon my passing that my exectutor would handle my wishes and not have the courts involved. I know nothing of probate and not talking a lot of assets or money. It would be under 50,000.
Isaiah Maisenbacher
I know my father moved to a state that had no probate so none of his savings or assets were seized by probate to be adjudicated. I live in wyoming and am looking for a way upon my passing that my exectutor would handle my wishes and not have the courts involved. I know nothing of probate and not talking a lot of assets or money. It would be under 50,000.
Isaiah Maisenbacher
Probate court and cost basis?
N H asked:
Mother recently passed away in Michigan, leaving a will and her house. An appraiser has looked at the house and that will be filed with probate court on the inventory. Does that amount then become the new cost basis? I had read somewhere that the cost basis could be the sale price of the house? Also, can the heirs claim a loss on the sale of the house? Thank you so much for any answers.
Gussie Bodor
Mother recently passed away in Michigan, leaving a will and her house. An appraiser has looked at the house and that will be filed with probate court on the inventory. Does that amount then become the new cost basis? I had read somewhere that the cost basis could be the sale price of the house? Also, can the heirs claim a loss on the sale of the house? Thank you so much for any answers.
Gussie Bodor