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Florida Plantation Smith, Cathleen R attorney Find Lawyer Profiles
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  • Address: Plantation,FL
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  • Areas of Practice:Personal Injury

Florida PlantationSmith, Cathleen R attorney Find Lawyer Profiles is a Very good lawyer practice area in Personal Injury,Smith, Cathleen R

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    No. There is no inheritance tax on the property but there could be taxes owed when/if it is sold. If you sell a house that was inherited than you must use the date of death as the acquired date and the fair market value at the time of death, or the alternate valuation date if the Executor chooses it, as your cost basis. If you did not live in it for 2 years out of 5 years before the sale, than you pay capital gains taxes on the difference of the cost basis and the selling price. If you lived in it for the 2 years, than you could use the exclusion rule for the first $250,000 for single, or $500,000 for married. Either way, it is best to consult a tax professional for more detailed information and options.

    Kidney failure without dialysis?

    Judging from your description, "old and has no special features" and "also the free v[er]sion for a Windows PC", I suspect you have Wordpad, not Microsoft Word. There is no completely free version of Word. There is a free trial copy, but it has all the features of a full copy of Word.. . So if it's really Wordpad, I'm afraid there aren't any letter templates for it. In fact, I've never seen templates of any kind for Wordpad.. . Sorry.

    Are confidentiality templates on the web legally binding?

    What you will find that any piece of property over a ten year period will always give you a great return.. . On the other hand if you are hoping to flip a property at this time in most markets, it will require much more detailed research and you will be rejecting 100's of properties before you will find one where the right things are wrong and you can add the value so that you can profit from it.. . I realize this may seem like a complicated answer for a simple question, however your question has many ways and leves to answer it, I hope I have provided some insight as to how to go forward.. . Good Luck

    A written contract can be written by anyone, not just a lawyer or paralegal. There are many good reasons why you would want a lawyer to write the document. Although paralegals do quite a bit of work in the legal world, they cannot practice law. That is, they cannot give advise to clients as to what should be in a contract.. . Most paralegals do the physical writing or research. However a lawyer would need to review the work and then present it to the client.

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