Legal Question in Wills and Trusts in Pennsylvania

my mother passed away in 2010, sold a house in 2010 with a net gain of 25,000.00...that was the extent of her assets...do we need to file any forms


Asked on 1/06/11, 7:22 am

1 Answer from Attorneys

Miriam Jacobson Retired from practice of law

Yes. You may be thinking of assets as only real property and money. There are other forms of assets. I assume, of course, that the house was sold by her prior to her death.

The estate has to be administered, debts have to be ascertained and paid, taxes paid, before the assets, including the proceeds of sale, may be distributed.

This response is not legal advice, since I do not have all of the information that would be required, and I do not have a representation agreement with you.

* If the answers to your question confirm that you have a valid issue or worthwhile claim, your next step should almost always be to establish a dialog with a lawyer who can provide specific advice to you. Contact a lawyer in your county or township.

* Another reason for contacting a lawyer is that it is often impossible to give a good answer in the Internet Q&A format without having more information. The unique circumstances of your situation and things that you may not have thought to mention in your question may completely change the answer. If you want to be sure that you have a complete answer to your question and an understanding of what that answer means, establish a connection with a lawyer who practices in the area of your concern.

Read more
Answered on 1/11/11, 3:03 pm


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Pennsylvania