We changed our privacy policy. Read more.

Questions tagged [estate]

The tag has no usage guidance.

Filter by
Sorted by
Tagged with
3
votes
0answers
56 views

Estate received unexpected IRS refund - bank account is closed

I was administratrix of my late sister's estate. Last November, everything had been finalized, the final check written to her surviving spouse, and I closed the estate bank account. This week I ...
0
votes
0answers
48 views

How to set up a Trust for an NRA to own US assets and later transfer them to a US citizen child

A non-resident alien (NRA) man wants to hold US assets (e.g. real estate, corporation stocks). He is not a US citizen, but his minor child is a US citizen who is also not a resident of US and lives ...
1
vote
1answer
124 views

is estate responsible for debt co-signed by decedent for car loan if car repo'ed AFTER the death?

My mother co-signed car loan for her grandson. Car was repo'ed 7/11/20. As executor of her estate ( she passed in 5/20), I received notice that the car would be sold on 7/29/20. I did not receive that ...
1
vote
2answers
75 views

Estate tax in the USA for non-residents

I read that the estate tax for non-residents on their US assets can go up to 40% with the first $60000 tax exempt. Suppose, as a non-resident, I have a brokerage account holding US stocks with the ...