Archived
Why did I have to give my lawyer the amount o my inheritance tax to keep in his trust account? is this customary practice?
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Answered on February 25, 2013
Typically, it is unnecessary for an attorney to request that any estate funds be held in escrow. Based on the information provided, I do not...
Archived
How do we retitled mom's real estate , which she and my dad failed to transfer to their living trust before their deaths ?
Thomas's answer
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Answered on February 19, 2013
The property can still be transfered into the Living Trust. The Executor should do so. If it was your father, the named Successor Executor can do...
Archived
In New Jersey, how long is a Will valid? See below:
Thomas's answer
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Answered on February 18, 2013
A Will is valid until it is revoked.- either by the creation of a new Will or its destruction. If personal effects have been given away, the...
Archived
Power of attorney for restate ?
Thomas's answer
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Answered on February 12, 2013
In order for your daughter to act on your behalf, you should execute a power of attorney giving her authority to do so. You make execute a general...
Archived
Medicaid planning Will copies of checks suffice as proof my funds were used to purchase joint investments with my elderly da
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Answered on February 12, 2013
As to the latter issue, any and all financial statements for your father will need to available for the 5 year period prior to the application for...
Archived
Is there a way to protect my assets and qualify for Medicaid?
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Answered on February 09, 2013
Legally, you can do so. A competent elder law attorney can assist you in doing so. Having said that, you want to balance out preserving assets...
Archived
My aunt inherited numerous items from my former (deceased) spouse. He was quiet and never said anything about my aunt.
Thomas's answer
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Answered on February 06, 2013
The answer to the first question has no bearing on whether you have any rights. Specifically, when you and your husband were divorced, you...
Archived
My Sisters husband died, everything was in his name nothing was in her name.The estate is now held up.She is on dissibility.
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Answered on February 05, 2013
Your sister needs to hire her own attorney to represent her interests. Although the rights of creditors cannot be ignored, your sister is entitled...
Archived
A living trust was set up by sibling for father but we are starting to get suspiuos that our sister is being dis honest with him
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Answered on February 04, 2013
Although I prepare living trusts for many clients, probate avoidance is not a legitimate reason in New Jersey as we have the easiest probate laws...
Archived
Do I need to establish a Special Needs Trust for funds raised for a surgery that my disabled
adult daughter needs?
Thomas's answer
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Answered on January 21, 2013
The safest thing to do is to establish a special needs trust. In that event, it is sure that her needs based benefits will not be disturbed.
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