Attorney-Prepared Trust may fix LegalZoom failings

This column first appeared in the San Antonio Express-News and its MySA.com website on May 12, 2015. Dear Mr. Premack: My father is doing fairly well, but my mother is slipping more deeply into memory loss and dementia. They do not have a huge estate but are financially stable. A few years ago my brother […]

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Does Son Pay Inheritance Tax when Elderly Mother Dies?

This column first appeared in the San Antonio Express-News and its MySA.com website on May 5, 2015. Dear Mr. Premack: I am in Liberty Hill, Texas. I have taken care of my mother due to Parkinson’s and Lewie Bodie dementia for two years. I can only work a few hours due to her dementia. I […]

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Estate/Inheritance Taxes in Texas vs California

This column first appeared in the San Antonio Express-News and its MySA.com website on April 20, 2015.  Dear Mr. Premack: My parents live in Texas, while I live in California. If I am anticipating inheriting just over $5 million, how does living in California affect the taxes? Do I have to move back to Texas […]

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What are Executor’s main duties?

This column first appeared in the SA Express-News and its MySA.com website on April 17, 2015. Dear Mr. Premack: Many years ago I agreed to act as Executor for the estate of a close relative. Now, she is very ill and may be near death. I find myself having second thoughts about being Executor. Is […]

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Can One Sibling Block House Sale after Dad’s Death?

This column first appeared in the San Antonio Express News and its MySA.com website on April 7, 2015.  Dear Mr. Premack: My mother died July 1989 without a Will. My father died January 2015 with a Will leaving his assets to his children. We are trying to sell his house, but have been told, because […]

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Appraisal request reinforces need for proper estate planning

This column first appeared in the San Antonio Express-News and its MySA.com site on March 17, 2015. Dear Mr. Premack: My husband passed away in mid-2014, leaving me as his sole heir. I sold a farm that was partly his inheritance and partly acreage we bought together. The sale closed six months and five days […]

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How does paternity affect inheritance?

This column first appeared in the SA Express-News and its MySA.com website on March 12, 2015. Dear Mr. Premack: I recently found out that my natural, biological father was “an old family friend” whom I had not seen in 30 years. He is 86 years old has one living son, a deceased son (both have […]

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Control over digital assets is slowly improving

This column first appeared in the SA Express-News and its MySA.com website on March 3, 2015. Dear Mr. Premack: A few years ago you wrote about legal control of digital assets, like emails and online stored photos when a person dies. I didn’t think too much about it until I started to use my phone […]

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New IRA Roll Over Rule Explained

This column first appeared in the SA Express-News and online at MySA.com on February 18, 2015. Dear Mr. Premack: I just received a notice from the bank where my traditional IRA is invested. The notice says that “on or after January 1, 2015, you are permitted to roll over only one distribution from an IRA […]

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Living Trust management can change on disability

This column first appeared in the SA Express-News and on MySA.com on February 12, 2015. Dear Mr. Premack: My father set up a Living Trust years ago with his attorney and financial planner. It says that he will be the Trustee until he dies or becomes disabled, and then I should be Trustee. He is […]

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