Legal Question in Wills and Trusts in Pennsylvania
estate
can an estate be held up if you have not been completely informed of the expenses & value of the estate?
Asked on 1/07/07, 4:16 pm
1 Answer from Attorneys
Solomon Weinstein
Solomon Weinstein, Esquire
Re: estate
yes, in order to finalize an estate one must know all the expenses of the Estate and the value of the assets contained in the Estate. This is necessary to pay the proper amount of inheritance taxes and also to make sure that all deduction the estate is entitled to are properly claimed.
Answered on 1/08/07, 3:04 pm