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My husband was the beneficiary of his fathers home in bellmawr in (in the will) how much is going to cost him to get the title transferred to his name
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Divorce Attorney serving Short Hills, NJ
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Diamond & Diamond, P.A.
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The best way to understand how to proceed is to sit down with an estate law specialist ( not a general practice lawyer who also handles estate issues) and let him / her review the terms of the will to see if the estate is responsible for the payment of taxes on transfers of assets or whether it is your husbands responsibility to pay for any tax liabilites. Since I dont know your father in laws asset structure or the terms of the will / estate plan, its impossible and inappropriate for me or any other lawyer to tell you whether there is or is not a tax issue. Again, best way to handle it is to schedule a consultation with an estate law specialist - it is worth the expense of the consultation for peace of mind.
Answered on Oct 13th, 2020 at 6:07 AM