Mother passed away. All she had was a manufactured home. It's now been sold (after 40 days/California). Check is made out to me. So now the question I have is do I deposit this into her Trust Account or because this personal property bypassed probate is it now mine? I'm the one that will be paying taxes on it. The sale is attached to me (my social) not the trust tax ID or her.
I want to do things by the book and want to make sure if I'm required to use this money to pay off her debts. Everything I see on the internet tells me these proceeds are not part of her estate but then again...internet! So far I haven't needed a lawyer for anything. I'd hate to have to start paying one for just this. But I don't want legal trouble down the road.
I want to do things by the book and want to make sure if I'm required to use this money to pay off her debts. Everything I see on the internet tells me these proceeds are not part of her estate but then again...internet! So far I haven't needed a lawyer for anything. I'd hate to have to start paying one for just this. But I don't want legal trouble down the road.