Archived
Can an excutor of a "Will" who is a cousin to their dad lock out the 3 daughters from his house until the cousin reads the Will?
Edward's answer
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Answered on May 20, 2009
Once your father passes the named executor has the authority, and I would argue the obligation, to lock up the house and secure the property...
Archived
Must I go through New York State probate?
Edward's answer
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Answered on May 20, 2009
First check with Met Life's transfer agent. There was a time several years ago where they would let you transfer a certain number of shares (I...
Archived
I am a beneficiary to a will how soon should i be sent a copy of it thanks and Regards
Edward's answer
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Answered on May 20, 2009
Once the Executor is appointed and you have been so notified (notice is typically done within 60 days of appointment), you have a right to request...
Archived
Power of Attorney
Edward's answer
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Answered on May 20, 2009
As the prior post indicated Power of Attorney is something that your father would have to grant you and he would have to be competent in order to...
Archived
My father in law died 01/09 in NJ. I was named executor. No value in estate-just tons of debts. Can I renounce being executor?
Edward's answer
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Answered on May 20, 2009
Having agreed to be Executor it is difficult to get out from under that obligation. Just keep in mind you are not personally responsible for any...
Archived
What recourse can I take to resolve this matter?
Edward's answer
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Answered on May 19, 2009
Unless you made a representation to the finance company that was not true or you signed something agreeing to be responsible for the debt you have...
Archived
Question is re gift & estate tax effects of gift of land to an irrevocable trust, BUT grantors retained a full life interest.
Edward's answer
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Answered on May 18, 2009
When the gift was made to the trust, unless some provision of the trust made it an incomplete gift (such as a power of appointment retained by the...
Archived
If someone assumes a vehicle loan are they also responsible for the deaceased other debt.
there is no will or estate no money
Edward's answer
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Answered on May 18, 2009
The bank is asking these questions because in most other situations where the loan is assumed the loan is for less than the value of the car; one...
Archived
I am considering hiring a firm to challenge my property tax assesment. Is the fee i pay,
tax deductible in New York State?
Edward's answer
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Answered on May 18, 2009
Typically any legal fee incurred to determine, contest, pay, or claim a refund of any tax is deductible as a miscellaneous deduction, subject to...
Archived
How shall an heirless predeceased childs inheritance be handled when one set of grandchildren are listed separate from per stirp
Edward's answer
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Answered on May 18, 2009
The exact language of the Will is very important in answering your question. Assuming it reads exactly as you posted, whereby 1/4 of the estate...
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