By Zachary Magaha | Published August 30, 2017 | Posted in Trust & Estate Administration | Tagged Tags: estate administration, IRS, tax issues with probate | Comments Off on What Involvement Does the IRS Have in the Probate Process?
What Involvement Does the IRS Have in the Probate Process? When a person who owns property dies, there are certain tax-related consequences. First, the decedent’s tax year immediately comes to an end for the purposes of filing the federal income tax return. The death also establishes a new tax entity in the decedent’s estate, for Read MoreRead More
How to Create a Valid Will in Florida Each state has its own requirements for creating a valid last will and testament. In Florida, the basic requirements are as follows: You must sign the document in front of two witnesses Those two witnesses must also sign your will You must be at least 18 years Read MoreRead More