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If you are power of attorney and are taking care og someone, are you able to take a pay check for the services you provide?
Jeffrey's answer
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Answered on February 08, 2010
If you are an agent under a power of attorney, then you are a "fiduciary" for the person whom you are taking care of. Being a fiduciary means...
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Question regarding a quitclaim transfer into a trust.
Jeffrey's answer
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Answered on February 02, 2010
Your mother, alone needs to sign the deed. The deed should name your mother as the "Releasor." The "Releasee" should be named as follows: "The...
Archived
Can they cut the out of wedlock children from the estate?
Jeffrey's answer
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Answered on January 31, 2010
If you can prove paternity, then, under the United States Supreme Court case of Trimble v. Gordon, you are considered as your father's children for...
Archived
Mother passed on and left no will how would i go about setting up and estate acount.
Jeffrey's answer
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Answered on January 31, 2010
I'm not a Virginia lawyer, so the following is a generalization. You should consult with a lawyer who practices in your state.
All assets that...
Archived
NJ Lawyer is executor of my fathers will and he wants to siphon 5 percent. Can we unload the bloodsucking lawyer?
Jeffrey's answer
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Answered on January 31, 2010
This is actually a two part question. First is the lawyer's right to serve as executor. The 2d is his fee.,
First. If the lawyer was named in...
Archived
Is the estate executor required to share the details of his parents' estate with his sibling?
Jeffrey's answer
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Answered on January 18, 2010
An executor has a duty to list all of the estate assets on an inventory. That inventory must normally be filed within 60 days from date of death....
Archived
What to do about an evasive executor?
Jeffrey's answer
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Answered on January 01, 2010
You said that your father in law "recently" passed away. Under CT law, anyone in possession of a will must deliver it to the executor. if the...
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Do EE and E bonds obtain a step-up basis when inherited, as a house would?
Jeffrey's answer
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Answered on December 19, 2009
Under Section 1014 of the Internal Revenue Code, most inherited items receive a "stepped up" basis at death. This does NOT apply to what are...
Archived
Is a will executed in NY State valid in Tenn.
Jeffrey's answer
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Answered on December 06, 2009
Many states have statutes that "validate" wills properly executed in other states. Secondly, the same words may have different meanings in...
Archived
Do estate bank accounts have to be set up in the same state as the decedents original bank account?
Jeffrey's answer
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Answered on December 04, 2009
Estate bank and brokerage accounts can be set up in any state, unless prohibited by the law of the decedent's domicile. The executor must obtain...
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