WA estate planning- do IRA beneficiaries designated in a WILL take precedence over IRA beneficiaries designated for the IRA?
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Answered on August 15, 2010
Wills usually and generally cover only those assets that are not otherwise disposed of by contract or otherwise. So joint property, beneficiary...
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Is the PR responsible, and able to be sued and removed?
Steven's answer
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Answered on August 15, 2010
Yikes, these actions not only breach the PR's fiduciary duty, but seem reckless to boot. You must immediately retain estate/probate counsel to...
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My Dad passed away and prior to his passing, set up his IRA account as a TOD account, naming 3 beneficiaries. He died in Nevada.
Steven's answer
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Answered on August 15, 2010
IRAs are generally not controlled by a will or probate. The bank wants you to subdivide the IRA between beneficiaries so you can each use your...
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I want to change my corporate designation from Non Profit to For Profit. What are the implications of doing this ?
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Answered on August 15, 2010
The easy way to do this is to simply form a brand new for profit corporation. This avoids many transitional and qualification issues. The costs...
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I have a 26% shareholder of a business. Can we terminate employment at will
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Answered on August 13, 2010
Remember, shareholder status is not the same as employment status. If the board of directors agree to terminate a shareholder, then it is legal to...
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Can someone not named as beneficiary to a pension appeal to receive that pension?
Steven's answer
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Answered on August 13, 2010
Generally, these matters are controlled by the written documentation involved. Retirement plans have default provisions when a person fails to...
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I live in Oregon, husband recently died who is entitled to house wife or daughter.
Steven's answer
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Answered on August 13, 2010
There are not enough facts here, but if you held the property as "joint tenants with rights of survivorship" or he had a will that calls for you...
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If someone dies in MI,, and everything in deceased name only, is spouse accountable for bills? Cars, etc.
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Answered on August 13, 2010
Debts of a decedent are to be paid by the executor of the estate with estate assets. No one else is responsible for these debts, unless they...
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My husband and I have residential custody of our niece and nephew
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Answered on August 13, 2010
If you meet the tests as laid out at my legal guide here at my AVVO profile entitled QUALIFIED RELATIVE AS DEPENDENT, see...
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How much would be my penalty if I made $10,400 and did not file my 2006 tax return?
Steven's answer
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Answered on August 13, 2010
You must pay the tax and the interest due on the taxes; there is no getting around that fact. However, you may have grounds for abating any...
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