Archived
When two siblings own an inherited home together, what happens when there is a disagreement as to selling the home
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Answered on July 12, 2012
If you combine the answers of my two colleagues, there are two approaches that can be followed. Obviously, the first and better choice is to try ...
Archived
If 9.5% of 800,000 is 76,000 how is it the calculated amount of 69,619.44 was given to us in a letter from the estate lawyer?
Martin's answer
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Answered on July 12, 2012
Assets, such as a house owned jointly, a bank or other financial/investment account that is jointly owned, or payable on death, an IRA or 401k or...
Archived
I just got married last month, can i still sigh a prenup
Martin's answer
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Answered on July 12, 2012
Mr. Micklin gives an excellent answer. I merely wish to add that if either your new spouse or you are members of a qualified retirement plan, while...
Archived
If a verbal contract of sale for an item is paid by a secondary or associate of the same account, and invoiced to the associate
Martin's answer
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Answered on July 12, 2012
A verbal contract is as valid as a written contract, with some exceptions imposed by the Uniform Commercial Code and the State of Frauds. For...
Archived
I recently loaned a friend around $900. Would a promissory note require by law that he pays me back within a certain time period
Martin's answer
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Answered on July 12, 2012
Friends, and family for that matter, are friends (or family as the case applies), until money is involved. Without a written promissory note,it is...
Archived
I own a property under an llc I acquired a mortgage with intents to open a restaurant,
Martin's answer
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Answered on July 10, 2012
The horses have already escaped the barn, and now you wish to close the door.
If you failed to have an environmental inspection of the property,...
Archived
Legal Advice on Is it possible to get child support from my child's father (I'm 27 weeks pregnant) after I have the baby?
Martin's answer
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Answered on July 10, 2012
Every state has its own laws regarding family law matters and the level of support (guideline) utilized.
Although not admitted to practice in...
Archived
Can I file a breach of contract involving a demand for refund ($138) and my company web site on the same form?
Martin's answer
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Answered on July 09, 2012
Although from CA, Ms. Koslyn almost always gives a good, and concise answer to questions posed. While the amount involved is rather small and...
Archived
How does one start a livestock foodbank/health fund for those in finacial stress/hardships?
Martin's answer
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Answered on July 09, 2012
You can create a qualified 501(c) tax-exempt organization so long as funds are raised from the general public (as opposed to one or two families),...
Archived
A UNRECORDED POWER OF ATTORNEY IS LOST AND THE PERSON WILL NOT EXECUTE A NEW 1 IS THE ORIGINAL NOTE & MORTGAGE STILL ENFORCEABLE
Martin's answer
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Answered on July 09, 2012
As both my learned colleagues point out, as long as there was a valid POA at the time the Note and Mortgage was signed, they both remain...
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