Archive for the 'Other - Taxes' Category

I inherited my home in November 2008 from probate It was?

Tuesday, September 22nd, 2009

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 [...]

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What is the best Will to avoid probate, avoid taxation by Fed and State and?

Wednesday, September 16th, 2009

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 [...]

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