Cheryl K. David’s Answers

Cheryl K. David

Greensboro Estate Planning Attorney.

Contributor Level 15
  1. My wifes parents have both passed. The will states that any assest will be divided equal to the four siblings. My wife has been

    Answered almost 2 years ago.

    1. Cheryl K. David
    2. Doris Jordan Wiggen
    3. Zachary B Setzer
    4. James P. Frederick
    5. Marsha L. Hunter
    5 lawyer answers

    Usually when someone passes and their children are still alive, inheriting the asset is not dependent on the estate settling. The asset is technically the childs at the moment of death. If this is the case, then your wife has already inherited and should she die before the estate settles, the assets she inherited would pass by her estate plan to her beneficiaries. If however the will states that the beneficiary must survive the deceased by a set number of days, then one would have to wait until...

    6 lawyers agreed with this answer

  2. Amendment 1 was passed in NC....we are wondering what are our rights for making a living will, life insurance, and last will?

    Answered over 2 years ago.

    1. Cheryl K. David
    2. Rachel Lea Hunter
    2 lawyer answers

    It is unclear how the amendment is going to effect wills. It is possible that there will be some challenges which will make it to the courts regarding transfers between LGBT couples. However, wills are not contracts, so there is a strong argument that the Amendment won't apply. POAs and Health Directive allow appointment of anyone you choose to handle this job for you, so these should be okay. I am being very careful how I draft documents in light of the new Amendment. The smartest thing...

    6 lawyers agreed with this answer

  3. Known heirs and unknown heirs

    Answered over 2 years ago.

    1. Cheryl K. David
    2. James Brian Thomas
    3. Steven J. Fromm
    3 lawyer answers

    You are entitled to be reimbursed for the funeral. I suggest you hire an attorney immediately. This sounds like a very contentious situation, if you are being sued. There is also a great deal at stake; namely the real estate that you state was put in your name. I haven't read the will, so I don't know how to answer the rest of your questions about everything going in a trust.

    6 lawyers agreed with this answer

  4. My father recently provided me with a bill...and told me he wants it attached to his estate. But I'm not listed in his Will.

    Answered over 2 years ago.

    1. Cheryl K. David
    2. Rebecca F Emmons
    3. Shaun George Jamison
    3 lawyer answers

    If your father loaned you $12,000.00 and such loan is not forgiven, by the terms of his will, at his death, then there may be a debt owed to the estate. This debt may be collected by the personal representative of the estate, appointed by the will, at the time your father passes away. The debt may be "enforced" by the personal representative through legal action.

    6 lawyers agreed with this answer

  5. My mentally incompetent mother on Medicaid is leaving me her farmland which was left to her by my father when he passed away.

    Answered 12 months ago.

    1. Cheryl K. David
    2. Timothy Edward Kalamaros
    3. Kelly Scott Davis
    3 lawyer answers

    If this property is in fact your mother's, whether the deed has been changed or not, Medicaid will have a lien upon it when she dies. I would recommend that you consult an attorney immediately. There are strategies which would allow the Power of Attorney to rent the land and possibly, preserve it, from such a lien.

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  6. Can state take home and my personal inherited land from my parents to pay for care for my mother in law with Alzheimer's?

    Answered about 2 months ago.

    1. Cheryl K. David
    2. Shelley Ann Elder
    3. Lawrence A Friedman
    3 lawyer answers

    Please see a NC elder law attorney. It may be possible to work this out. Transfers within 5 years of needing care are countable by DSS. If you can't take care of your parents and attempt to qualify for Medicaid, an outright transfer of the home will be treated as a gift and such gift will impose a penalty, disqualifying them for care for a certain period of time. Again, an Elder Law Attorney is imperative in these situations.

    5 lawyers agreed with this answer

    1 person marked this answer as helpful

  7. What is the difference between attorney in fact and power of attorney?

    Answered over 1 year ago.

    1. Cheryl K. David
    2. William Thomas Schemmel
    3. Kelly Scott Davis
    3 lawyer answers

    I think your father made your brother his representative or "attorney in fact" under his Power of Attorney. If he named your brother to handle his estate when he passes, then your brother is known as the "executor". If your father wants to change either document he would need to see his attorney so that the old documents can be revoked and the new documents created. After the Power of Attorney is created it should be filed at the courthouse. If the old one was filed it will need to be revoked.

    5 lawyers agreed with this answer

    1 person marked this answer as helpful

  8. Is there such a thing as a short-term "life-estate" that would last for a pre-determined time?

    Answered about 2 years ago.

    1. Cheryl K. David
    2. Lawrence A Friedman
    3. James P. Frederick
    4. Steven J. Fromm
    4 lawyer answers

    I would suggest a trust. The house would be held in trust for five years, after your death, for your husband to use, provided he pays for the taxes, upkeep and insurance. You may put terms in the trust, such as, this benefit is only is in place, as long as he lives in the home, etc. After such time passes, or if the conditions are not met, the house would go to your children.

    5 lawyers agreed with this answer

    1 person marked this answer as helpful

  9. If someone dies without a will, who inherits?

    Answered 4 months ago.

    1. Cheryl K. David
    2. Paula Brown Sinclair
    3. Ivette M Santaella
    3 lawyer answers

    I'm really sorry about your father. If your dad was a resident of NC, since there wasn't a will, the court will likely hold the money, and when each of you reach 18 you will receive your share. The administrator will handle the paperwork, gather the assets and decide what to do about the house and contents. Since she's within her authority to sell the house and contents, the four of you might want to have a discussion with her where you ask, politely, for some personal items that are...

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  10. What is the process to have Power of Attorney form completed for my elderly mother?

    Answered 29 days ago.

    1. Cheryl K. David
    2. Charles Christopher Adkins
    3. Kimberly A. Gossage
    4. Vance Tate Davis
    5. Ivette M Santaella
    5 lawyer answers

    I would recommend that you see an estate and elder law attorney and have documents prepared by someone who knows all of the issues which your mother could face in the future. Most documents such as health directives, powers of attorney, wills and living wills are state specific. Investing a little bit in someone skilled now, can save money and aggravation later.

    5 lawyers agreed with this answer

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