If a parent and child share a safety deposit box and the parent dies - do the parent's contents become the property of the child
Regina's answer
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Answered on May 19, 2019
You do not own a safe deposit box. You are a renter of the box. When any renter dies, the bank will seal the box until you get a court order or...
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If I sell a home I own with a life estate nd limited power of appointment will I be Medicaid excempt. Dad is in nursing home?
Regina's answer
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Answered on May 19, 2019
If the life estAte is in dad’s name and you sell the home then you will need to give your father the actuarial value of the life estAte. That life...
Archived
How can I contest an irrevocable trust in NY for failure for executors to follow the laws?
Regina's answer
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Answered on May 19, 2019
At this point you essentially have two options. Either you can force them to file an accounting at which point you can file objections and seek to...
Archived
If a home was willed to 2 of 3 children but is sold prior to the death of a parent, can the money be split 3 ways?
Regina's answer
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Answered on May 15, 2019
If the three kids are equal beneficiaries then yes you can just divide proceeds three ways
Trust ? Will?
Regina's answer
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Answered on May 13, 2019
A Will is good if you want to provide an instruction manual to distribute your assets.
A trust is good if you want to avoid probate, streamline...
If I put my house in an irrevocable trust can I still sell my home and buy another home with the proceeds?
Regina's answer
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Answered on May 12, 2019
If you out your house in an irrevocable trust, then you will not likely be the trustee. If your trustee wants to sell the property he can and buy...
Archived
My mother died, both our names are on deed and mortgage
Regina's answer
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Answered on May 05, 2019
Did you and your mother have any arrangements during lifetime that we’re in writing about you paying everything and in exchange being able to take...
Archived
Do I need to file an Objection to my Aunt's probate proceedings?
Regina's answer
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Answered on May 05, 2019
You can file objections if you were adversely affected by the Will. That means that you were either a direct next of kin or you know there was a...
Archived
Suing a third party who moved out of NY
Regina's answer
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Answered on May 04, 2019
You should read the trust. What law does the trust day governs? If the trust says the trust is governed by Florida law then sue in Florida. IF the...
Archived
Probate-related question for a stock certificate for mitchel lama shareholder
Regina's answer
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Answered on May 04, 2019
Unfortunately there are strict tiles to passing title of Mitchell lama housing. You should speak with the building management company. You should...
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