Steven J. Fromm's Answers (9012)

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Is a power of attorney valid if the person who signed it can not read or write and has disability

Steven's answer | Answered on July 28, 2012

Mr Frederick gives you a complete answer here. You need to retain an elder or estate lawyer who regularly engages in guardianship/conservatorship...

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Do i need a living trust? am terminally ill and my assets are cash. I have already transferred most to my siblings.

Steven's answer | Answered on July 28, 2012

Mr Frederick offers sound advice. You should at least have a will if some assets may end up in your name at your death. A trust may or may not be...

Archived

Does the immigration have access to walmart shoplifter's list/ asset protection system?

Steven's answer | Answered on July 28, 2012

Ms Allen offers sound advice. You would be well served to contact her to go over the specifics of your situation. Hope this helps. Please...

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IF NOT MARRIED BUT HAVE A CHILD TOGETHER & HE PASSES AWAY LEAVING WILL FOR CHILD AND I TO GET ALL, DOES WIFE HAVE ANY RIGHTS

Steven's answer | Answered on July 28, 2012

Mr Tomberg offers sound advice. If he died without a will then the son may have some rights to decedent's assets under the laws of intestacy. You...

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Executor and decedent's assets - executor doesn't own the assets just in charge until they are distributed to the heirs?

Steven's answer | Answered on July 27, 2012

You are correct. An executor is a fiduciary who holds the estate assets to be administered and distributed in accordance with the terms of the...

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My deceased sis-in-law issued a POA to her sister. What should my brother (her husband) do to end the POA due to her death.

Steven's answer | Answered on July 27, 2012

It now unanimous. The POA lapsed at death. Hope this helps. Please remember to designate a best answer to your question. Mr. Fromm is...

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Can the same person have Health power of attorney, financial power of attorney and seek guardianship of an elderly parent when

Steven's answer | Answered on July 27, 2012

Both answers are excellent. Not much to add here except that if you have some problems with this you need to speak with an estates litigation...

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Is money received from a trust, where most of the money was in mutual funds, taxable as ordinary income to me as the beneficiary

Steven's answer | Answered on July 27, 2012

This is probably not true. You will receive what is called a Form K-1 (Form 1041) that will show the type and amount of income you are to report. ...

Archived

I have a former tenant who owed me eight thousand dollors he passed away 6 months ago

Steven's answer | Answered on July 27, 2012

Find out where his estate is being probated in Florida and have your claim filed by an estate attorney. Do some digging to find out more. Hope...

Archived

How do I go about declaring my mother-in-law incompetent?

Steven's answer | Answered on July 27, 2012

Both attorney offer sound advice. Bottom line: Get an experienced attorney who regularly engages in guardianship/conservatorship matters. Hope...

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