Search for: "Heir"
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10 Mar 2024, 7:20 am
As trust beneficiaries die and younger generations become the new heirs, vague provisions or outright mistakes in the original trust agreement may become apparent. [read post]
9 Mar 2024, 6:07 am
Plaintiff, the heir of Hunt, brought this action against Jefferson-Pilot based on the old Section 3.632 of the Texas Family Code, which is now Section 9.301(c)(1) which states a designation of insurance benefits to a spouse is invalidated by a divorce or annulment subsequent to such designation. [read post]
9 Mar 2024, 5:00 am
To conclude his presentation, Professor Bindenagel made some suggestions for museums to implement that would assist in ensuring the continued restitution of artworks confiscated by the Nazis: (1) maintain a list of art pieces held in their trust; (2) conduct provenance research for each artwork in the museum’s possession; (3) make the previous information public; (4) make an initiative to contact owners or their heirs about pieces that they suspect are looted art pieces. [read post]
8 Mar 2024, 9:30 pm
On May 1, at the Supreme Court, the Supreme Court Historical Society and George Washington’s Mount Vernon will sponsor a lecture by Gerard Magliocca on his book, Washington's Heir: The Life of Bushrod Washington. [read post]
8 Mar 2024, 12:41 pm
Are there any contentious heirs or beneficiaries? [read post]
8 Mar 2024, 9:59 am
Estate planning was formerly only for the wealthy, who wanted to shelter their assets from taxes and pass more on to their heirs. [read post]
8 Mar 2024, 5:06 am
By Atreya Mathur While creativity and self-expression are at the heart of any artistic practice, navigating the business realities of a career in the arts also requires consideration in legal and financial matters. [read post]
7 Mar 2024, 10:51 am
The post How Much Will My Heirs Pay in Inheritance Tax? [read post]
7 Mar 2024, 8:48 am
It may forfeit needed government assistance for a disabled heir, create burdensome taxes, or worse. [read post]
7 Mar 2024, 8:42 am
The surviving heirs of the deceased beneficiaries objected. [read post]
7 Mar 2024, 7:51 am
In the event the owner of a house passes away with no heirs, the probate court will identify the closest family member who is still living. [read post]
7 Mar 2024, 4:00 am
Since an RLT does not provide savings on death taxes that can be achieved with a more complicated irrevocable trust, those without exposure to the federal estate tax often prefer an RLT as a cost-effective method to minimize the burden of the probate process and provide asset protection to the heirs. [read post]
6 Mar 2024, 5:12 am
They can assist you in determining the best ways to transfer your real estate to your heirs, minimizing tax liabilities and ensuring that your wishes are carried out. [read post]
5 Mar 2024, 10:50 am
An inheritance tax is levied on the deceased’s heirs, while the deceased’s estate pays estate taxes. [read post]
5 Mar 2024, 10:01 am
Disputes Among Beneficiaries: If there’s potential for or existing conflicts among heirs or beneficiaries. [read post]
4 Mar 2024, 1:28 pm
A last will and testament is a legal directive that identifies your heirs and outlines how your assets should be distributed upon your death. [read post]
4 Mar 2024, 11:54 am
If you don’t have a family member or heir willing to serve in this capacity, the court may appoint a public administrator. [read post]
4 Mar 2024, 8:56 am
The Oklahoma Constitution, article 22, section 1 says: “No alien or person who is not a citizen of the United States, shall acquire title to or own land in this state, and the Legislature shall enact laws whereby all persons not citizens of the United States, and their heirs, who may hereafter acquire real estate in this state by devise, descent, or otherwise, shall dispose of the same within five years upon condition of escheat or forfeiture to the State: Provided, This shall not… [read post]
4 Mar 2024, 4:00 am
If a deceased shareholder’s shares are not purchased by the Corporation (or the other Shareholders) within one year from the date of death, the legal representatives and/or beneficiaries or heirs shall have the right to sell such shares, but the Corporation’s obligation to purchase such shares shall continue in effect until such shares are sold, at which time its obligation shall expire without liability of any kind to the Corporation. [read post]
3 Mar 2024, 5:00 pm
This tax is determined first by the relationship of the heir to the decedent. [read post]
