![]() |
|
| *Home>>>Estates Law |
If the CPA and attorneys close an estate and transfer everything and state there are no taxes are they liable? |
if they come back six years later and say there are? The girls father passed away and they gave her everything and had the father in a bunch of LPs and transferred part to her, but did not transfer the liabilibty. Five days after she passed away they reopened the fathers estate and stated a tax problem and have allowed it to go from $92,000 to over $500,000 with late fees and such. They also state they had nothing to do with it and basically where just going to cover it up until the lady passed away. The tax scheme the father was in helped with a 20% discount on land and timber, but the exemption was 1.5 million and they told the man that when they tranferred $500,000 in value from one LP to his daughter, that he would own no taxes. Best of our knowledge is the taxes should have been about $90 and should have been paid. They have been sitting on it for over two years since they found it. now the law firms lie, but the cpa firm states it was the first firms fault for closing it Relatives have been trying to get the property left to them but they wil not transfer it and still keep letting the late fees grow. They also do not have a tax id number for either estate. I mean is there a law group that handles this kind of stuff as the local attorneys will not touch them and ones employed end up working for the attorney firms which is a conflict of interest. It's like the crooks are all the people that are suppose to be the good guys. YOou need to hire a porbate atty to review the probate with someone from the probate judges office and consider having a subistitute executor appointed thats why most lawyers are scum!!!!!!! its the money!! and the greed!!!, good grief look at our govt, they would steal from their own mothers!!!!!! |
| Tags |
| Insurance Law Immigration Law Health Care Law General Civil Litigation Family Law Estates Law Environmental Law Entertainment Law Employment Law Elder Law Education Law |
| Related information |
Things owned as joint tenants go directly to the survivor. Things held in trust go to directly to the beneficiary. Insurance proceeds go directly to the beneficiary. Everything else will be hand... Anyone can read a will once its gone through probate, it may have been published in an attempt to draw attention to his death so any beneficiaries who were unaware of his death can make a claim. ... If she died testate (with a will), her estate would go to here named beneficiaries. If she died intestate (without a will), her estate would go to her heirs at law -- probably her children. If... I haven't but I knew someone who did. In her case, she provided thorough documentation and the agent was reprimanded. ...if the current owner bought a parcel of land, and has had the land transferred to him with his name on the deeds then he is the owner, there are always other issues, the answer seems too obvious, t... Yeah, probate is a pain. Depends on how many beneficiaries there are, how much the estate was worth, etc. Not to scare you, but our firm has an ongoing probate case for a guy that left a multi-... It's in North Carolina. I think the guy made his money in Railroading. They have a winery (good wine too!) They turned his house into a museum - it's huge, with a bowling alley, ... I served as the executor to my brother's estate, but he appointed me in his will. Most of the time I worked on the estate by myself, as we had an incompetent attorney. The main help that I r... |
Categories--Copyright/IP Policy--Contact Webmaster |