close
    Can the executor of a family estate donate a house to a non-profit and can the estate recieve a tax benefit from the donation?

    0  Views: 281 Answers: 1 Posted: 13 years ago

    1 Answer

    The executor of the estate must do exactly as dictated in the will.  If the will does not say the house must be sold, then they could donate it and yes, the estate would receive a tax credit but that would hold up putting the estate through probate until the following year when you would use the credit. Refer to the lawyer who drew up the will for questions like this. They can answer better according to the laws of your state. 



    Top contributors in Uncategorized category

     
    ROMOS
    Answers: 18061 / Questions: 154
    Karma: 1102K
     
    Colleen
    Answers: 47269 / Questions: 115
    Karma: 953K
     
    country bumpkin
    Answers: 11322 / Questions: 160
    Karma: 838K
     
    Benthere
    Answers: 2392 / Questions: 30
    Karma: 760K
    > Top contributors chart

    Unanswered Questions

    Suggest me some best MDM Solution for india
    Answers: 0 Views: 8 Rating: 0
    zen interior design
    Answers: 0 Views: 7 Rating: 0
    giabaohay88vina
    Answers: 0 Views: 9 Rating: 0
    soicaupascal.net
    Answers: 0 Views: 10 Rating: 0
    kuyusuyuaritma8
    Answers: 0 Views: 10 Rating: 0
    888vicncom
    Answers: 0 Views: 10 Rating: 0
    888vicncom
    Answers: 0 Views: 8 Rating: 0
    78Winbet3 com
    Answers: 0 Views: 14 Rating: 0
    > More questions...
    531001
    questions
    766266
    answers
    879934
    users