Recent content by retired2015b2d

Update. The will is invalid. Lawyer wants to contact all heirs to get agreement on who will be executor. Five of whom no one knows and one of them appear to have passed so add finding their kids to vote. I’m the only one in the state where death occurred. Unless the lawyer has a way for me to...

All siblings are dead. We’re down to 16 nieces/nephews. She is only one on accounts.

It has white out and cross outs in it. Also not properly witnessed.

No one has started the process to settle the estate. Most of us just want to walk away.

My aunt (last of her siblings) died this month. Her will, hand written and one typed don’t meet state law. No children. 16 heirs per state law of inheritance. One of her siblings no one in the family had been in touch with for over 50 years. So five of his kids we have no information on. She...

We bought our new home and then put our old home on the market and sold it. Took about 70 days. We had lived there 22 years. It would still be considered selling our primary home for tax purposes? I sure hope so!

Hubby was laid off and we may consider him having him retire if nothing comes along. I would like to pull our living expenses from my 401k. I believe the 10 percent early with draw penalties is waved this year. I’m 58 this year and always planned to work on my 401k first. Question 1. Is...

One warning of ACA. I looked into it this month and found out the deductible for out of your immediate area (in NC) is 40k. I was shocked to hear that and have two college age boys in other parts of the state so if they were hurt there, 40k. We were able to go back on my corporate...

And his 1 percent fee. In the two years I have used him I have 6 k less than I started with! So I’m looking for some simple index vanguard funds. Trying to keep it simple. Maybe three funds. This is money that we don’t plan to use but want it reasonable invested. Maybe 60 40. I’m looking...

We bought some land to retire to and now a neighbor is trying to buy it from us at a good profit. We would only sell if we could buy something comparable. Question is would we owe short term profit gains on it if we were to immediately buy another property? This is a second location not were...

Thank you for all the responses. I feel much better now knowing that the tax returns needs to be done, and the money well spent for a tax expert.[emoji4]

My dad died last year. The tax person who has done his taxes for last three years said I need to do two tax returns for him. His taxes up to date of death and an estate tax return that would create tax forms for my brother and I showing taxes due while estate was in probate (5months). Has...

I am thinking of investing in these two funds. I have a large amount of cash position I just inherited. I am trying to decide if it's worth jumping in now, wait for a possible market set back, or buying it slowly over time? I am retired, though my husband still is working. We don't need the...

My broker called me on this a couple of days ago. I owned several thousand shares. family had owned a bunch for many years. My uncle had decided to sell all of his shares recently, though he thought the new company may do well. I am younger and decided to sell half and keep half of the new...

Dh and siblings inherited property from Fil that had an old house and land that was rented to a hunting club. There is no written lease/agreement. They pay very minimal rent. The club maintains the home (all work electrical plumbing & anything else needed). The members keep about a dozen RVs...