When someone passes away, their estate may still be subject to various taxes, such as probate fees, which are levied on the estate’s value on the date of death and subject to the calculation of ...

The purpose of probate is to verify the validity of your estate plan. It includes reviewing the legitimacy of wills, handling any outstanding debts and taxes, appraising property values and ...

If you die before funding your trust, those assets will need to go through probate. These federally imposed transfer taxes are applied to a person's entire net worth, including everything from ...

Aside from litigation, probate costs can also increase significantly when issues related to the preparation and filing of federal estate tax return and subsequent audit, audit of income tax ...

Six U.S. states levy inheritance taxes: Iowa, Kentucky, Maryland, Nebraska, New Jersey, and Pennsylvania. A decedent’s assets are divided according to their will through the probate process.

Transferring ownership of a house while parents are still living can significantly affect probate tax, but there are other... Can transferring ownership of a house help avoid probate tax?

Many of our clients choose to set up revocable living trusts as part of their estate plan, often with the primary goal of ...

The probate process may delay the transfer if the home is included in the homeowner's will. The transfer is automatic with a life estate when a death certificate is filed. There are potential tax ...

Navigating the probate process in Nevada may seem daunting, but understanding the steps can ease the journey. Probate is the legal process of settling a deceased person’s estate. This includes ...