News & Analysis as of

Executors Personal Property

Chambliss, Bahner & Stophel, P.C.

Who Gets the Iron Skillet? A Solution for Avoiding Family Conflict

The Chambliss estate planning team often helps families navigate the complexities of administering a loved one’s estate. Challenges can arise in addressing the personal property in the estate...more

Winstead PC

Court Discusses Holding An Executor In Contempt For Commingling Property

Winstead PC on

In In re Mittelsted, a trial court held a former executor in contempt for over twenty acts of commingling personal property with estate property and ordered that the executor pay over $200,000 to avoid contempt. No....more

Stark & Stark

Tangible vs. Intangible Assets in Estate Administration

Stark & Stark on

Under a Last Will and Testament, a decedent disposes of both their tangible personal property as well as their intangible personal property. Questions might arise in the context of administering an Estate, however, as to...more

Hendershot Cowart P.C.

Executor Mishandling the Estate? Watch for These Warning Signs:

When it comes to handling your loved one’s estate, the executor has a series of important duties and responsibilities. If you suspect an executor is mishandling their responsibilities or mismanaging estate assets, you can...more

Holland & Knight LLP

How Can the Same Right Create 2 Separate Property Interests?

Holland & Knight LLP on

The Internal Revenue Service (IRS) can file a lien and levy on any and all of a taxpayer's property (and rights to property) regardless of how the property is held or titled. 26 U.S.C. § 6321. Whether the item is a taxpayer's...more

Downs Rachlin Martin PLLC

Vermont Supreme Court Reverses Decision Regarding Niece Found Liable To Competent Uncle's Estate

Taylor Glaze thought she was doing a good thing when she took her 91-year-old Uncle Emil Kuhling into her Vermont home when he found caring for himself and his deteriorating New York City home too much to handle. ...more

Goulston & Storrs PC

New Basis Reporting Requirements for Executors and Beneficiaries

Goulston & Storrs PC on

Recent federal legislation adds fresh compliance burdens to an old concept in federal tax law: the step-up in tax basis of appreciated property at death. New reporting requirements will apply to estates required to file a...more

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