Legal Question in Wills and Trusts in New Jersey
inherit
My brother was convicted of tax evation and owes alot of back taxes. We are in the process of selling the family home, which was left to my brother, sister and myself. Will the state automatically take my brothers share of the sale of the home? If so, can he for go his share of the house and just split the sale between my sister and myself? Also, can he put his sons name on the deed so his son will get the money from his share of the house? Right now the deed is still in my parents name (they are both decessed). Thank you
Asked on 8/24/08, 11:05 am
1 Answer from Attorneys
Ronald Cappuccio
Ronald J. Cappuccio, J.D., LL.M.(Tax)
Re: inherit
You should hire a tax attorney. These matters are very fact specific and cannot be answered without seeing the documents.
I hope this helps!
Ron Cappuccio
http://www.TaxEsq.com
Answered on 8/24/08, 8:16 pm