How to Determine when Estate Tax Is Due?

Answer Estate tax is a federal tax on your right to transfer property upon your death. Because the tax does not currently kick in until a decedent’s taxable estate, plus his or her lifetime taxable gift... Read More »

Top Q&A For: How to Determine when Estate Tax Is Due

How to Determine the Value of Real Estate?

Whether you're selling property or just curious, it helps to understand how to find a home's value. A home's value is determined by a variety of factors, such as number of bedrooms, bathrooms, squa... Read More »

How to Determine Real Estate Values in Ohio?

When you want to buy or sell a home or a property in Ohio, you will need to determine the real estate values. By determining the values, you can make an estimate of the value of the present market,... Read More »

Can one sibling be selected to be executor of the estate even though all 5 children have been assigned as executors of the estate?

Generally there are only one or two Executors to a Will. Executor (male) or Executrix (female.) It is odd there should be five Executors. An Executor/Executrix has the right to decline to handle th... Read More »

When do you have to pay an inheritance or estate tax?

In 2009, only estates that were valued at $3,500,000 or more were subject to the estate tax. However, the tax is not levied if the entire estate goes to the spouse of the decedent or to a charity.R... Read More »