Archived
Can the executor of my mother's house in trust have the estate pay back a personal loan from mother to her?
Margaret's answer
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Answered on January 10, 2013
Any debts which your mother incurred during her life, whether from a family member or not, become debts of the estate. It is entirely proper for...
Archived
Can we sue our brother for breaking his verbal agreement to share an inheritence equally with his sisters?
Margaret's answer
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Answered on January 10, 2013
I am so sorry to hear of your tax issue. You could try to sue your brother. However, it is a he said/she said scenario which is very difficult to...
Archived
How can I get my mothers living will signed if she can't do it her self?
Margaret's answer
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Answered on January 10, 2013
Unfortunately, having the intention to sign a document does not allow another to sign for you. Your mother would need to regain consciousness and...
Archived
Iam one of five equal beneficieries to a living trust.The trustee is one of the five.Is he required to notify the remaining
Margaret's answer
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Answered on January 10, 2013
The beneficiaries of a trust do not have authority to control the actions of the Trustee. The Trustee is the one and only person who controls the...
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Can I legally give up my inheritance to either of my two sisters?
Margaret's answer
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Answered on December 21, 2012
You will not be able to transfer assets away from yourself if you are insolvent and filing for Chapter 7. It would be considered a fraudulent...
Power of attorney and quit claim
Margaret's answer
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Answered on December 19, 2012
A power of attorney allows another to act for you. However, a power of attorney may or may not contain the power to gift. The document you signed...
Archived
My uncle left all of my first cousin $50,000 when he died. but he only left me $15,000 because i was not able to attend my
Margaret's answer
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Answered on August 28, 2012
Unfortunately, bequests can not be overturned because the decedent did not have all the facts, however unfair it is. There are only a few specific...
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Archived
Trust question, trustee not paying beneficiaries, what exactly must be done to receive copy of trust (limited income at moment)
Margaret's answer
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Answered on May 18, 2012
Usually a letter from an attorney requesting a copy of the trust is enough to bring a wayward Trustee into the fold, especially if the letter...
Can my father gift away his house after he starts receiving Medicaid (Masshealth) benefits to pay for his nursing home?
Margaret's answer
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Answered on July 21, 2011
It is correct that if an applicant's long term care policy meets the minimum coverage amount and covers two years of the nursing home. ...
Archived
What should I be cautious about when designating a trust as my beneficiary?
Margaret's answer
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Answered on June 21, 2011
A trust is a wonderful vehicle to avoid probate and make sure that your beneficiaries will receive their inheritance in the time frame which you...
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