If one forgets to change a beneficiary after divorce, can it be amended after his death for good cause?
- David Greene
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Unfortunately beneficiary designations cannot be amended after the death of the policy or account holder, even if it is clear he did not intend for the listed beneficiary to receive the benefits. The Supreme Court has heard several similar cases…
How do you transfer a piece of property after the probate estate of the owner is closed?
- David Greene
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The only way to transfer real property owned by a deceased person is to go through probate and obtain a Deed of Distribution. If the estate has already been closed, you must file a Petition to reopen the Estate based…
Learn about important tax considerations following a spouse’s death.
- David Greene
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There are four important tax considerations one needs to consider following the death of a spouse. First, if you haven’t already filed your income tax return, you can still file a joint tax return for the year in which the…
What’s the difference in a Health Care POA and Living Will?
- David Greene
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Although the Living Will and Health Care Power of Attorney are similar in many ways, they are also distinctly different. I like to think of the Living Will (also known as a Declaration of a Desire for a Natural Death)…
Is a Personal Representative ever liable for the delinquent taxes of the deceased?
- David Greene
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If the deceased owes delinquent taxes at death, the IRS must file a claim for taxes owed by that decedent just as any other creditor must. They can collect out of the estate, but not from the Personal Representative’s personal…