Monthly Archives: August 2011

New IRS guidelines issued August 5, 2011 on treatment of basis for certain estates of decedents who died in 2010.

2010 Form 8939 is Due Nov. 15; Reporting Option Applies to Many Large Estates IR-2011-83, Aug. 5, 2011WASHINGTON — The Internal Revenue Service issued guidance today on the treatment of basis for certain estates of decedents who died in 2010. The guidance assists executors who are making the choice to opt out of the estate … Continue reading New IRS guidelines issued August 5, 2011 on treatment of basis for certain estates of decedents who died in 2010.

Avoiding probate delays and avoiding conservatorship delays becoming more important due to budget cutbacks

The delays inherent in all California probates and conservatorships may soon become much worse due to projected cutbacks in court funding. Historically, the first available probate court hearing date is four to six weeks in the future. According to what court personnel are saying now, that four to six week “wait” may become much worse … Continue reading Avoiding probate delays and avoiding conservatorship delays becoming more important due to budget cutbacks