My mom has a life estate-she lives in the house and would like to buy out the others that will receive the home when she dies
Steven's answer
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Answered on August 27, 2010
As to your first question, if she is alive she would get her actuarial life expectancy interest on any sale would be my guess. However, you need...
How long does executor powers last after someone dies.
Steven's answer
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Answered on August 27, 2010
An executor acts until the estate administration is completed or if they resign, die or are removed for cause. Generally, the executor marshalls...
Archived
If great grandmother left some of us $50,000 in her will and it was ignored, what can we do
Steven's answer
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Answered on August 27, 2010
No. Your grandmother would have breached her fiduciary duty if she looted the estate. You need to know more facts here. One obvious answer, but...
Do I have to get an attorney to evict if I am Successor Trustee to a trust holding real estate rental?
Steven's answer
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Answered on August 27, 2010
If you have the legal status as successor trustee, you represent the interests of the trust. If the trust owns the real estate, then you are...
Archived
How to you change Power of Attorney for someone that has had a stroke?
Steven's answer
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Answered on August 27, 2010
The prior attorney offers sound advice. The real point here is that evidence and proof of his legal competency are essential. This is where...
Archived
Can MD state sales tax be bankrupted?
Steven's answer
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Answered on August 27, 2010
The prior attorneys offers sound advice and practical insight. If you want to know more about this topic please look at my legal guide here at Avvo...
Archived
Taxes, divorce, bankrupty, settlement all in one!
Steven's answer
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Answered on August 27, 2010
The prior attorney offers sound advice. If you want to know more about this topic please look at my legal guide here at Avvo called Debts That May...
Archived
Need help on letter recieved from IRS regarding my 150,000 income, which i did not have but had that much in stocks which i lost
Steven's answer
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Answered on August 27, 2010
It is never a good idea to ignore filing your taxes. In this case, you need to immediately file your 2008 return to reflect your capital losses on...
Archived
Estate tax on court ordered life insurance
Steven's answer
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Answered on August 27, 2010
I basically agree with the prior attorney's comprehensive answer. However, one basic issue concerns who is the owner of the policy. If you are...
Archived
If an LLC was closed down still owing unpaid City/Par sales tax and one of the two members claimed pers Ch 7. whats liability?
Steven's answer
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Answered on August 27, 2010
The prior attorney offers sound advice. If you want to know more about this topic please look at my legal guide here at Avvo called Debts That May...
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