How is money split between my siblings and mother is she has a life estate and we all agree to sell our home? How to divide

You should meet with a Texas elder law attorney. There are some important issues to discuss.One of the most important is how the sale and...

82 year old in Texas owns a home, but is $50K in credit card debt. She does not have a will at this time. Can you explain what

She could consider a reverse mortgage to pay off debt, especially if her income is not enough to pay her expenses to stay at home. However, there...

How do I ask court to demand accounting of trust

The answer to this depends upon the law in your state. Most states however, provide that beneficiaries are entitled to an account. You should speak...

Need to protect separate living trusts, finances etc, of a spouse in the event of Alzheimer or loss of capacity in the other.

In addition to Attorney Elder's answer, I would add a couple of additional suggestions: 1. you should meet with an estate planning attorney in...

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Can an AXA financial advisor be a recipient of a clients estate as well as the executor of that estate in Georgia?

Most financial companies do have rules prohibiting financial advisers to also act as executors or trustees and accepting bequests. Since your...

When a parent goes to a long term care facility how does the family protect their assets and pay only minimal taxes on them?

I agree that it is important to meet with an elder law attorney in New York who can look at your parent's situation and discuss some planning...

Is there a specific deadline in the state of MA for an estate to be finalized and all monies distributed to individuals in will

There is no one specific deadline in Massachusetts by which estates are required to be finalized. In most cases, estates will be closed within a...

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Can my parents "gift" me their house?

Yes, you are wise to be planning to hire an attorney for this task. The gift tax issue will depend in part on their county of citizenship and an...

If I wanted to leave everything in my will to my 17 year old daughter could I do it legally?

You should make a will now in any event, rather than waiting until she is 18. If you were to die before she is eighteen, the Court would establish...

Is it illegal to take walks in a neighborhood you don't live in?

No - it's not illegal at all. Unless you are talking about walking on private streets. Which means they take care of all their road maintenance and...