Archived
If a person is left a sum of money in a will can part of that sum come from a cd left in that persons name?
Edward's answer
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Answered on July 20, 2009
Based on the facts supplied it is likely that the person is entitled to the CD and the amount specified in the Will. This could change due to any...
Archived
Insurance company wants to see our tax return for a claim, is this common?We had a fire in a garage not attached to our home. I
Edward's answer
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Answered on July 15, 2009
While it will be helpful to you that the agent knew of this business it does not affect the insurance company''s determination. The insurance...
Archived
Is a surviving stepparent required to file the will of the deceased spouse (reciprical) within a certain time period in PA?
Edward's answer
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Answered on July 15, 2009
There is no statutory deadline for submitting the Will for probate; however, if probate is necessary and the named Executor is delinquent in filing...
Archived
After surogate probates will and makes executor official, who handles fiduciary provions and splits any inheritances with family
Edward's answer
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Answered on July 14, 2009
Gathering the estate, paying creditors, and making appropriate distribution of the estate are all duties of the Executor. If one of the...
Archived
My elderly mother died with no assets in her name. Must I probate her will?
Edward's answer
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Answered on July 14, 2009
Typically, if there are no assets that will be passing by the terms of the Will there is no need to incur the expense of the probate of the Will. ...
Archived
As an executor of an estate, will I be held responsible in court to refund funds if the item sold turns out to be defective?
Edward's answer
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Answered on July 14, 2009
Based on the information provided, I would think that any claims your sister may have would only be against you as Executor of the Estate and not...
Is a wife next of kin?
Edward's answer
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Answered on July 14, 2009
Unless the will specifically requires survival till distribution (which would be an very unusual provision) your husband became entitled to his 1/3...
Archived
Am I responsible for my mother dept if she passes away?
Edward's answer
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Answered on July 14, 2009
Unless you guaranteed the debt you are not responsible for it and could walk away; however this may not be the best course of action. If you were...
Archived
Do I need a durable power of attorney for someone to get unclaimed money due me from a tax sale and to give them my security #
Edward's answer
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Answered on July 14, 2009
This is at best an asset recovery firm that is going to charge you 25-40% of the amount they recover as a fee and at worst is a outright scam where...
Archived
Does Power of Attorney For "finance" become nul and void upon time of death?
Edward's answer
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Answered on July 13, 2009
While a Power of attorney ends at death, a third party who has received the POA is entitled to honor the POA until they have actual notice of the...
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