Search for: "Estate of Childs"
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4 Mar 2024, 5:00 am
Legal obligations are owed to a spouse or dependent children and do not usually factor into the analysis of claims by adult independent children (unless the child contributed to the estate). [read post]
1 Mar 2024, 1:57 pm
Depending on your situation, you could earn a tax break based on having dependents, paying for child care, maintaining a successful green energy system, paying student loan interest, giving money to charity, or for other things you’ve done in the current tax year. [read post]
1 Mar 2024, 8:45 am
If you need assistance with trust reporting, contact our Estate Group and we would be happy to help. [read post]
29 Feb 2024, 2:30 pm
In particular, since a decedent may have many children, there is a real likelihood that more than one child may wish to serve as administrator. [read post]
29 Feb 2024, 8:52 am
Managing Sub-Trust for Minors: If the trust leaves assets to a minor child, those assets would become a sub-trust dedicated to the child’s health, education, maintenance, and support. [read post]
29 Feb 2024, 5:32 am
Most debt doesn’t transfer from a parent’s estate to a child. [read post]
27 Feb 2024, 11:22 pm
The full list of qualifying investment options includes: €2 million (~$2,162,698) in Spanish public debt securities/government bonds €1 million (~$1,081,390) in: Stocks or shares in Spanish companies Venture capital funding A deposit in a Spanish financial institution €500,000 (~$540,793) investment in real estate A business project in Spain of “general interest” that creates jobs, positively impacts the area in which it’s located, or… [read post]
27 Feb 2024, 12:24 pm
There are also estate implications as the child may be entitled to inherit from the father’s estate when the time arises. [read post]
25 Feb 2024, 5:00 pm
As I also mentioned last week, if the decedent is single and there is no surviving parent, a guardianship process may be necessary to appoint a guardian of the person and property of a minor child. [read post]
24 Feb 2024, 6:56 am
Because a secondary beneficiary was not designated, the policy proceeds were payable to the insured’s estate. [read post]
23 Feb 2024, 9:57 am
What you should know Planning for a disabled child takes special consideration, especially in terms of estate planning. [read post]
21 Feb 2024, 10:30 am
Exploring alternative estate planning strategies for adding a child to a home deed is wise. [read post]
21 Feb 2024, 10:30 am
Exploring alternative estate planning strategies for adding a child to a home deed is wise.What Does Adding a Child to a Home Deed Mean? [read post]
21 Feb 2024, 9:06 am
Alternatives can be a child or other relative. [read post]
21 Feb 2024, 5:59 am
When a dying parent opts to tip the inheritance scales in favor of the devoted child who stood by their side in their waning months and years, such selflessness frequently earns them an unforgiving jealousy by siblings incapable of accepting that their recently deceased parent might have wanted, of their own free will, to reciprocate, or in some manner compensate, whether out of gratitude, love, or moral obligation, the child who sacrificed so much to be with them in the end. [read post]
20 Feb 2024, 12:40 pm
For example, if the only heirs are the deceased’s children, each child would receive an equal share as Tenants in Common. [read post]
19 Feb 2024, 4:00 am
BC Estate Litigation Blog 3. [read post]
18 Feb 2024, 1:00 am
Loss is always hard to take, but even harder when it involves the death of a loved one who is very close, like a spouse, parent or child. [read post]
15 Feb 2024, 10:05 am
If the debtor owes spousal or child support, the court may order a portion of the Social Security benefits to be used for these obligations.While Social Security benefits are usually exempt from the bankruptcy process, they can still impact the debtor’s overall financial situation. [read post]
15 Feb 2024, 10:00 am
If you transfer this asset to an adult child and they eventually sell the property, they could owe a significant capital gains tax bill. [read post]
