My question is, am I correct, will limited letters of administration work for me to find out the value held at Charles Schwab?
Michael's answer
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Answered on March 21, 2022
You are right on the general concept, but wrong on the terminology. You need what are called voluntary letters. The application fee is $1.
Evicting / Eviction of deadbeat sibling?
Michael's answer
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Answered on March 20, 2022
If your mother has a life estate she can have anyone live there -- free or not -- whom she wants. Short answer is nothing you can do now.
How to transfer property after father's death ?
Michael's answer
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Answered on March 20, 2022
Your question is too filled with a mix of legal terms and colloquialisms to answer. How did you "inherit"? If before death, death is not...
Paying medical bills after death?
Michael's answer
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Answered on March 17, 2022
In theory, yes. But take the money and likely nothing will happen. There would need to be an estate to claim the bills, and creditors rarely seek...
Do I really need to file the will with NY probate court if no assets?
Michael's answer
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Answered on March 17, 2022
Not based on your post. There is nothing to do here.
Can property that supposed to be put in a trust be used as rental/investment property?
Michael's answer
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Answered on March 16, 2022
It does not go into a trust. It goes into a guardianship. You need to apply to be guardian of your son for surrogate's court purposes, as well as...
A person dies leaving only a sum of about 25,000.00 and directs in his will that it be placed in rust Will not probated !
Michael's answer
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Answered on March 16, 2022
Do the probate. But it is a simple probate, so there is no reason not to do it.
What would be the best way to add my name to the my Dad’s house deed ?
Michael's answer
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Answered on March 15, 2022
Yes, if he is competent to do so. If not, you will need other work.
WWill I inherit?
Michael's answer
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Answered on March 14, 2022
No. You would need to do an estate proceeding. Also, if there are kids, they inherit half.
Can a trust property be sold if trustee dies and no successor named? What is the process
Michael's answer
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Answered on March 14, 2022
This was a failure of drafting not to have any mechanism for a successor. You are going to have to bring a court proceeding on notice to all next...