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At age 8 my dad died and monies was setup in a trust fund for me to receive at at 25, and that time has come.
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Answered on September 15, 2010
There will be no tax due on any "prinicipal" distributed to you when the trust terminates. To the extent there is any income generated during the...
Archived
Trust Funds
Henry's answer
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Answered on September 15, 2010
The terms as spelled out in the trust will determine who receives the property. There are many many different possibilities; but with our reading...
Archived
Passing intestate in Connecticut - what are the laws?
Henry's answer
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Answered on September 15, 2010
The payment of funeral expenses are a priority claim in probate and must be paid before other claims. Your issue may be with the manner in which...
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Does the opinion of a social worker have any bearing in a court system for incompetency?
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Answered on August 31, 2010
In a conservatorship proceeding a court can consider the testimony of a social worker based. Given the facts stated a social worker who has...
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What do I do if my partner in LLC. steals checks made out to the company and goes to a check cashing store?
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Answered on October 21, 2009
Any rights you have are very dependent on many facts that are not contained in your question. However, the first thing you need to do is termiante...
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Could a shell corporation with established credit be purchased and used to invest in real estate in CT
Henry's answer
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Answered on December 30, 2008
The short answer is yes. However, to actually obtain financing the corp would have to have reasonable capital and given the current standards of...
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Would bankruptcy be possible for me?
Henry's answer
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Answered on November 18, 2008
With out knowing the amount of assets you have it is impossible to advise on the result you would get from filing. If you have no assets, bank...
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Property
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Answered on November 18, 2008
Your sister can buy your mother's half of the house. For other options, such as a partition action; you would need to have a local, Puerto Rico,...
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Qiuck claim mortgaGE
Henry's answer
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Answered on November 14, 2008
The short answer is yes you can; however, there are issues that may be tied to why you want to do that and the consequences of doing so. See an...
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Bad Debt
Henry's answer
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Answered on November 14, 2008
You are probably in the position of throwing good money after bad. You could consider pursuing you claim in small claims court on your own. That...