Dear Mr. Premack: My wife and I are planning on selling our home in the near future. We are afraid that we’ll be exposed to the new $15,000 Obamacare tax when we sell. We think it is grossly unfair for the government to take our money like this. Is there any exemption or way around this terrible new tax? – MP Let me begin by respectfully stating that your understanding of the new tax is almost entirely wrong. When Congress passed the new health care bill, they did indeed incl

Dear Mr. Premack: My parents updated their wills and living trust in another state several years before my father died. My mother then moved to Texas, where she will likely reside until her death. My sister and I are their only children. I learned from a third party that I am not mentioned in the wills or trust. I am not estranged from either my mother or sister and my mother speaks openly of intending we both share her estate equally. Most likely the omission was due to my m

Dear Mr. Premack: My wife and I were married to each other for 35 years. We did not have any children, and were never married to anyone else. She inherited an interest in some land along with her two brothers. She died recently, before we got around to making Wills. Do I inherit her share of the land? – EJ You and she had 35 years of marriage and no children to distract you from each other. She became an owner in this inherited land, and the two of you may have owned a house,