SField
Distinguished Member
- Joined
- Oct 19, 2008
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Someone in my family, quite dear to me, died overseas in a very bad car wreck. The will has most of what they had left to me.
There are two issues, but the 2nd is what I'm more interested in;
1) They had one child who absolutely hated them, stole from them, and didn't speak to them for over 10 years. This child (my age) is quite simply a horrible person and doesn't deserve any of it, although they were named in the will and did receive something. What legal standing do they have, if it was left to me? I am seeing a lawyer on Monday about all this, but I'd like to go in just a little bit prepared. I am considering setting up a trust to rehabilitate the little moron but that's all I'll consider.
2) Last Tuesday, Obama held that press conference where he said he was going to roll back tax credits on certain income brackets when it comes to charitable giving. Something in excess of 10% if I recall. When will these take effect?
I don't really plan on keeping money, I'd rather like to do something positive with it. She left me some furniture that I'll keep, and a small beach house. Do I get hit with the 'death tax' upon taking possesion, or if/when I sell these (unlikely that I'll ever sell)?
Thanks for the help. Like I said, I will be getting professional help Monday, but I want a little preview of what I can expect. This comes at a weird time since I have some other big life decisions comming up, and I want this taken care of soon.
There are two issues, but the 2nd is what I'm more interested in;
1) They had one child who absolutely hated them, stole from them, and didn't speak to them for over 10 years. This child (my age) is quite simply a horrible person and doesn't deserve any of it, although they were named in the will and did receive something. What legal standing do they have, if it was left to me? I am seeing a lawyer on Monday about all this, but I'd like to go in just a little bit prepared. I am considering setting up a trust to rehabilitate the little moron but that's all I'll consider.
2) Last Tuesday, Obama held that press conference where he said he was going to roll back tax credits on certain income brackets when it comes to charitable giving. Something in excess of 10% if I recall. When will these take effect?
I don't really plan on keeping money, I'd rather like to do something positive with it. She left me some furniture that I'll keep, and a small beach house. Do I get hit with the 'death tax' upon taking possesion, or if/when I sell these (unlikely that I'll ever sell)?
Thanks for the help. Like I said, I will be getting professional help Monday, but I want a little preview of what I can expect. This comes at a weird time since I have some other big life decisions comming up, and I want this taken care of soon.