Who is in charge of Probate for my father?
An attorney is in charge of the probate and waiting for all bills to come in before settling the estate. I cared for my father for the past two years without help from anyone else in my family.
Do you have a claim against your father’s estate?
You very well may have a claim against the estate. Given that your family and the probate attorney are not forthcoming, we would recommend that you do retain an attorney to represent you. In all likelihood, given the size of your father’s estate, you will not get everything you are due, but without an attorney it sounds like you might get nothing.
Who is responsible for paying the estate of the deceased?
An estate is all of the assets owned by the deceased and it’s the responsibility of the deceased’s creditors to file claims for payment from the estate with the probate court in the state where the deceased resided.
How do I get reimbursed from my father’s estate?
I cared for my father for the past two years without help from anyone else in my family. Because of my help, my dad was able to remain in his home as he wished. I advised my family that I wanted to be reimbursed for my help and time off work after my father died, but now my family and the attorney will not talk to me about this.
An attorney is in charge of the probate and waiting for all bills to come in before settling the estate. I cared for my father for the past two years without help from anyone else in my family.
You very well may have a claim against the estate. Given that your family and the probate attorney are not forthcoming, we would recommend that you do retain an attorney to represent you. In all likelihood, given the size of your father’s estate, you will not get everything you are due, but without an attorney it sounds like you might get nothing.
I cared for my father for the past two years without help from anyone else in my family. Because of my help, my dad was able to remain in his home as he wished. I advised my family that I wanted to be reimbursed for my help and time off work after my father died, but now my family and the attorney will not talk to me about this.
Are there siblings who care more about their inheritance than Mom?
Without any guarantee of payment or reimbursement, many are left in worse shape than their aging parents and with no savings left for their own retirement once caregiving ends. This is where a personal care agreement comes in handy.
What happens when a minor inherits an estate?
Typically, the closest kin will inherit the property. The estate will only go to more distant relatives if there is no spouse or children. What happens to a minor’s inheritance in these cases depends on the laws of the state where the minor lives and the value of the bequest.
How are children entitled to half of an estate?
For example, if there is only one child, then the surviving spouse is entitled to half of the estate and the child is entitled to the other half. If there are two children, then the surviving spouse and the two children each receive a third of the property.
Do you have to pay taxes when you pass your estate to a child?
As long as the total amount of your estate is under $5.49 million (in 2017), your estate will not pay estate taxes. In addition, when your children inherit property, it reduces the amount of capital gains taxes they will have to pay if they sell the property.
What kind of taxes do you pay when your child inherits property?
In addition, when your children inherit property, it reduces the amount of capital gains taxes they will have to pay if they sell the property. Capital gains taxes are taxes paid on the difference between the “basis” in property and its selling price.