Archived
Do assets passing through beneficiary designations at the owner's death still have to go through probate?
Herbert's answer
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Answered on December 02, 2015
Not normally, but with everything else in life, there are exceptions. The exceptions would involve an insolvent probate estate, creditors, taxes,...
Archived
Will gifts 14,000. to each of my grandchildren (140,000) affect my estate tax exclusions.( IRS 5,400,000. MA state 1,000,000).
Herbert's answer
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Answered on December 02, 2015
As noted, as long as your annual gifts to a specific individual stay below the annual gift amount, you're okay. However, depending upon the size...
Can my aunt take money of the Trust Fund of my Dad's? As she is the Trustee.
Herbert's answer
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Answered on December 02, 2015
As both attorneys have indicated, there are complications due to the public benefits received by your parent. Both suggestions to consult with a...
Archived
Can a gifted condo be contested and do I need a real estate attorney?
Herbert's answer
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Answered on December 02, 2015
Anyone can always make trouble, whether or not there is a sound factual foundation for a legal claim. They are less likely to be successful when...
Archived
I am on a H1B and my company laid me off due to a down turn in their business. Can I sue for economic loss?
Herbert's answer
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Answered on December 02, 2015
As noted by the other attorney, if a contract is breached, there may be an action for foreseeable damages arising out of the breach, but it will...
Average price for a letter of intent?
Herbert's answer
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Answered on December 02, 2015
First, there may be anti-trust reasons (price-fixing) that would inhibit attorneys from answering this question, even if sufficient details are...
Archived
Earned PTO
Herbert's answer
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Answered on December 02, 2015
Probably not, though an accurate answer would require a lot more details that one would not want to post online if there is potential litigation. ...
Archived
Nh deed change
Herbert's answer
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Answered on November 25, 2015
Generally, an attorney would spend approximately the same amount of time reviewing a previously-prepaid document to make sure it conforms with the...
Archived
Does a life estate allow me to get a residential tax exemption?
Herbert's answer
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Answered on November 25, 2015
It depends. (Didn't you expect that?) In Massachusetts, you can apply for the residential real estate tax exemption if you are the owner, plain...
Archived
I need a contract to transfer a joint tenants deed to a tenants in common quit claim deed
Herbert's answer
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Answered on November 14, 2015
You would be wise to consult with a local real estate attorney if you need a new deed prepared. Depending upon the circumstances, there might be...