Archive for the ‘Other – Taxes’ Category
I inherited my home in November 2008 from probate It was?
Lynn H asked:
a parent child tranfser do I have to stay in it for 2 out of 5 not to pay Capitol Gains or any taxes. The house at the time of death was worth apx 275,000 they housing Market went down as we all know and now the house is worth 249,000 so there would not be a gain. I want to SELL it and get something better. Any Answers???
Prince Satoe
a parent child tranfser do I have to stay in it for 2 out of 5 not to pay Capitol Gains or any taxes. The house at the time of death was worth apx 275,000 they housing Market went down as we all know and now the house is worth 249,000 so there would not be a gain. I want to SELL it and get something better. Any Answers???
Prince Satoe
What is the best Will to avoid probate, avoid taxation by Fed and State and?
JuanCarlosNoMore asked:
to keep things simple and relatively less expensive for the purposes of writing the will.
I have signifigant assets beyond a mil and only want to leave it to one person. No strings really. Just, I’m dead take over my assets and $$$$$$. What is the best vehicle for this? A revokable living trust or? How much is a reasonable amount to pay for a Revocable Living Trust in say, California? Any legal beagals out there have thoughts on how to best prepare to pass on what a person has accumulated in their life? Thanx for your input.
Lucio Chafin
to keep things simple and relatively less expensive for the purposes of writing the will.
I have signifigant assets beyond a mil and only want to leave it to one person. No strings really. Just, I’m dead take over my assets and $$$$$$. What is the best vehicle for this? A revokable living trust or? How much is a reasonable amount to pay for a Revocable Living Trust in say, California? Any legal beagals out there have thoughts on how to best prepare to pass on what a person has accumulated in their life? Thanx for your input.
Lucio Chafin