Eric Jerome Gold’s Answers

Eric Jerome Gold

Calabasas Estate Planning Attorney.

Contributor Level 19
  1. How do you divide property if theres no will?

    Answered almost 2 years ago.

    1. Glen Edward Ashman
    2. Eric Jerome Gold
    3. Tanner Woods Pittman
    4. Robert M. Gardner Jr.
    5. Darrell Brinnett Reynolds Sr.
    5 lawyer answers

    Mr. Ashman is absolutely correct. It sounds as though you have three intestate (no will) estates that will need to go through probate. This could be very complicated given the deceased heirs. you have not provided any details regarding whether the deceased sister had issue. You need to consult with a local probate attorney for guidance with this.

    15 lawyers agreed with this answer

    1 person marked this answer as helpful

  2. Transferring real estate from parent's living trust to child and using gift tax exemption

    Answered over 1 year ago.

    1. Brian Scott Mandel
    2. Eric Jerome Gold
    3. Curtis Lamar Harrington Jr
    4. Steven J. Fromm
    4 lawyer answers

    Mr. Fromm is correct. You need to be very careful in how you do this. The carry-over tax basis versus the stepped-up basis for tax purposes. Your most prudent course of action would be to have your parents consult with an estate planning attorney to draft a comprehensive estate plan for your parents.

    11 lawyers agreed with this answer

  3. My sister died in Feb, 2010. She had a checking acct with over $7,000 in it. No other assets. No estate was prepared.

    Answered over 1 year ago.

    1. Eric Jerome Gold
    2. Lawrence Jay Davis
    3. James P. Frederick
    4. Todd Joseph Mazenko
    5. Ruth Elaine McMahon
    5 lawyer answers

    Your best bet would be to consult with a Dade County probate attorney for a guidance and direction. In order for you to access the funds, a small estate probate will be needed. Your POA terminated on your sister's death. Good luck.

    12 lawyers agreed with this answer

  4. I filed BK: do I have to keep admending all the collection agency the debt is sold to?

    Answered almost 2 years ago.

    1. Eric Jerome Gold
    2. Dorothy G Bunce
    3. Michael Raymond Daymude
    4. Hale Andrew Antico
    5. Marc Robert Kivitz
    5 lawyer answers

    Your question doesn't seem to make much sense. Are you asking if you have to advise new collection firms that you filed bankruptcy? The answer is, "it depends." Is your bankruptcy pre-petition, if so, you should amend your schedules to include all collection agencies so that they are provided notice. If you have already filed (or retained a bankruptcy attorney), your bankruptcy attorney should should address these concerns for you.

    10 lawyers agreed with this answer

  5. My husband and I are considering putting our home in our childrens names to protect us from any unforeseen health situations as

    Answered over 1 year ago.

    1. Joseph Franklin Pippen Jr.
    2. Eric Jerome Gold
    3. James P. Frederick
    4. Marisa Andrea Corvisiero
    4 lawyer answers

    Mr. Pippen is correct that your should not take the action you were considering. I would suggest that you consult with a local estate planning attorney or elder law attorney to develop and implement a comprehensive estate plan that will satisfy your goals.

    11 lawyers agreed with this answer

  6. How do I obtain court records for the outcome of my daughters estate?

    Answered over 1 year ago.

    1. Robin Mashal
    2. Eric Jerome Gold
    3. Daniel Mcgraw Little
    4. Susan Kathryn Ashabraner
    5. James P. Frederick
    5 lawyer answers

    The probate records are public. You should contact the court to see if you can get copies of the documents online for review. You will be able to see what's going on that way. If you have further questions, consider consulting with a probate attorney in the jurisdiction where the probate is taking place.

    9 lawyers agreed with this answer

  7. I live in CA and an Attorney firm in OR overpaid me as as a Living Trust Beneficiary. Now he wants me to send back that amount

    Answered almost 2 years ago.

    1. Steven Matlin Greenwood
    2. Michael Raymond Daymude
    3. Steven M Zelinger
    4. Eric Jerome Gold
    4 lawyer answers

    It may appear to you that you received a windfall and that you are entitled to it because someone made an error. The reality of the situation is that you received something to which you were not entitled. You have acknowledged that you are not entitled to it, and that you don't care who has to pay for the error. Ultimately, if the OR attorney pays for it himself or through his E&O insurance, you will most likely be on the defendant's end of a lawsuit. You didn't share any facts about the...

    9 lawyers agreed with this answer

  8. Have no assets. Life insur. benes are my two nephews. Proceeds after they turn 30. Is a trust appropriate?

    Answered over 1 year ago.

    1. Eric Jerome Gold
    2. Steven J. Fromm
    3. Ty R Supancic
    4. Brian Mitchell Mekdsy
    4 lawyer answers

    There are not too many facts about your circumstances, aside from your having no assets. That being said, usually an insurance trust is irrevocable. That may not be the proper tool for what you are trying to accomplish. You should meet with a local estate planning attorney to explore your estate goals and develop a plan that will accomplish them. Good luck.

    8 lawyers agreed with this answer

    1 person marked this answer as helpful

  9. What happens to my revocable living trust after divorce in California?

    Answered over 1 year ago.

    1. Eric Jerome Gold
    2. Clayton Harold Walker Jr.
    3. Daniel Mcgraw Little
    3 lawyer answers

    Ideally, after a divorce, you should terminate the trust. Once terminated, you can consult with your own estate planner and have a new trust drafted. At the same time, you will want to revisit the rest of your estate plan, including powers of attorney, wills, ADHC, as well as updating any POD or joint accounts.

    Selected as best answer

  10. How do I get the probate judge to compel an accounting from the other side

    Answered about 1 year ago.

    1. Charles Adam Shultz
    2. Eric Jerome Gold
    3. Chris Philip Kohl
    4. Joseph Franklin Pippen Jr.
    5. Jeanne Marie Karaffa
    5 lawyer answers

    If you are in the midst of contesting the validity of your grandmother's will, you need the assistance of counsel. You should immediately consult with a local attorney for assistance. Will contests are complicated matters. You can contact the Los Angeles County Bar Association for a referral or you can use the Avvo Find aLawyer tool.

    8 lawyers agreed with this answer

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818-279-2737