Archived
A few years ago, house was transferred into the name of our daughter as trustee of our family trust. We now want to sell.
Sharon's answer
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Answered on August 20, 2013
As aside, you should make sure that the sale does not void the purpose of the trust. For example, if the trust is a QPRT, make sure the term of...
Archived
My Mother who is in her 80's is alive makes reference to her will but one is not on file with the County Hall?
Sharon's answer
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Answered on August 08, 2013
It is never a good idea to wait until someone passes away to uncover wrongdoing. There are many reasons. First, you will save a tremendous amount...
Archived
Can my brother sell the house of our deceased sister after majority of my siblings gave him an Authority to sell?
Sharon's answer
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Answered on August 08, 2013
I agree with the prior posts. I would suggest that you apply to be administrator (either co-administrator with NY sibling or co-with a NY lawyer)....
Estate reserve fund & unpaid expenses?after estate has settled
Sharon's answer
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Answered on August 08, 2013
Really, the most important part of your post is what the document you signed says. If everyone consented, then that should be reflected in the...
When a lawyer represents an estate does he represent the executor and the beneficiaries?
Sharon's answer
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Answered on July 30, 2013
First, the attorney does not represent the beneficiaries. Sometimes, this is okay because the intersts of the beneficiaries are the same. Here,...
Archived
Settling an estate: P.O.D. accounts vs. conditions of will
Sharon's answer
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Answered on July 30, 2013
This is a very common problem. P.O.D. or any designated beneficiaries pass outside of probate and are not governed by the will. Thus, I agree...
Archived
Is it too late for a life insurance beneficiary to fight for unpaid benefits?
Sharon's answer
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Answered on July 30, 2013
No, a claim is not too late if the company acknowledges the beneficiary designation and that it was paid to a lawyer. The value of the policy...
Archived
My husband and I set up a QPRT and set it up for our daughter. We would like to undo the QPRT, is it possible.
Sharon's answer
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Answered on June 19, 2013
The answer is in the trust documet. Likely, you can sell the trust property, keep the proceeds qUalified and purchase the new pproperty with the...
Archived
My sister is executor of mother's will ( not probated ). Got some money but 15 years passed & still no accounting provided
Sharon's answer
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Answered on June 19, 2013
Technically, you could bring a petition to compel an accounting, of both estates. I f she transferred the house to herself, this is self dealing...
Archived
As an adult child to a deceased parent....what rights do I have...only one other sibling involved...can he say or do something
Sharon's answer
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Answered on June 19, 2013
You must know wheRe the decedent was domiciled. If domicile is at issue, you can challenge this issue (this happens often with snow birds). Also,...