Questions answered by Steven J. Fromm

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We have a short certificate that has the word duplicate on it. it has a seal, is it legal for an estate account

Steven's answer | Answered on November 19, 2010

I think the bank is wrong here. Call the Register of Wills in Montgomery county where I assume the will was probated and ask them this quesiton. ...

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I have a pension in the state of MI and they won't let me have it unless I do direct deposit. Can they do that?

Steven's answer | Answered on November 19, 2010

I am not sure whether it is worth it to contest this method of payment. You would need to review the plan, hire an attorney and pay all the costs...

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I REQUESTED A HARDSHIP WITHDRAWAL FROM MY 457 PLAN AND WAS DENIED

Steven's answer | Answered on November 19, 2010

Generally, retirement plans have an appeal procedure. You need to get a copy of the terms of such appeal. Then sit down with an ERISA/employee...

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To Traditional or Roth 401(k) while one is able to be employed?

Steven's answer | Answered on November 19, 2010

Each situation is different depending on the taxpayer's situation. If a person will be in a lower tax bracket in retirement then it makes sense to...

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How can we get my husbands financial info back from our accountant?

Steven's answer | Answered on November 19, 2010

If he is a certified public accountant, the rules of ethics under most states preclude him from retaining these files. They are your property and...

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I rent a condo from an owner who has not paid their taxes on the condo. What do I do?

Steven's answer | Answered on November 19, 2010

What does your lease say? In most cases a new owner would take the property subject to any current lease. You need to review this lease with a...

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MY HOA IS TRYING TO FORECLOSE ON MY HOUSE THAY KEEP AVOIDING MY CALLS FOR PAYMENT PLANS WHAT CAN I DO

Steven's answer | Answered on November 19, 2010

I am not a CO attorney, but the summons probably means they have brought a law suit against you. You need to immediately retain an attorney to...

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My mother recently died. My brother borrowed money from her thru legal contract. Does this have to be repaid?

Steven's answer | Answered on November 19, 2010

I agree with the prior attorney. Also, interest on this loan needs to be paid to the estate. Hope this helps. If you think this post was...

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Can the finances of a trust be split before the principal dies because the co-trustees agree on NOTHING having to do with it?

Steven's answer | Answered on November 19, 2010

If one trustee "helps himself to monies" this would seem to be a breach of his or her fiduciary duty and it would be grounds for removal. You need...

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I have a receipt with my name on it, but it was paid for by another person (by check). This item was purchased as a gift.

Steven's answer | Answered on November 19, 2010

If it was a true gift to you and you can prove it then you can retain it. However, you need to retain estate counsel to represent you to make your...

Steven J. Fromm's Answers (9012)

We have a short certificate that has the word duplicate on it. it has a seal, is it legal for an estate account

I have a pension in the state of MI and they won't let me have it unless I do direct deposit. Can they do that?

I REQUESTED A HARDSHIP WITHDRAWAL FROM MY 457 PLAN AND WAS DENIED

To Traditional or Roth 401(k) while one is able to be employed?

How can we get my husbands financial info back from our accountant?

I rent a condo from an owner who has not paid their taxes on the condo. What do I do?

MY HOA IS TRYING TO FORECLOSE ON MY HOUSE THAY KEEP AVOIDING MY CALLS FOR PAYMENT PLANS WHAT CAN I DO

My mother recently died. My brother borrowed money from her thru legal contract. Does this have to be repaid?

Can the finances of a trust be split before the principal dies because the co-trustees agree on NOTHING having to do with it?

I have a receipt with my name on it, but it was paid for by another person (by check). This item was purchased as a gift.