I WOULD LIKE TO GO AHEAD AND GIVE MY KIDS THEIR INHERITANCE NOW RATHER THAN WAIT UNTIL AFTER DEATH, IS THAT ADVISABLE.
Steven's answer
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Answered on August 17, 2012
It really depends on your facts. Sometimes giving gifts during life make sense. However, understand that the recipient of the gift (donee) takes...
Archived
Is there a legal limit on what I can charge for recovering the excess proceeds from a CA foreclosure auction?
Steven's answer
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Answered on August 17, 2012
Mr Johnson offers sound advice. You are in a grey or unclear area here. Before taking any action get an opinion from an estates and/or business...
Archived
What legal rights do the heirs have if they disagree with the way the executer is handling the estate?
Steven's answer
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Answered on August 17, 2012
These are tough calls. The executor may be acting correctly or he could be breaching his fiduciary duty. More facts need to be known. For removal...
How can one make additions to a will and keep it legal
Steven's answer
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Answered on August 17, 2012
If what you mean is just writing additional items into a will, this is improper. The way to add to a will is to draft what is called a codicil. ...
Archived
I am 59, retiring in 10 yrs. i am just buying a home with very little down this week. i don't have much for retirement but some.
Steven's answer
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Answered on August 16, 2012
You cannot avoid the capital gain tax when selling the real estate. One exception is a qualified like kind exchange but that does not appear to be...
Archived
Estate over two years ... lawyer will not answer my calls or emails .. please help ... thank you
Steven's answer
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Answered on August 16, 2012
This is totally unacceptable behavior. The prior attorneys offer sound advice. You may want to make a visit to the attorney with a demand letter...
Archived
Receive a 1041 K-1 but never get/got cash?
Steven's answer
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Answered on August 16, 2012
No one can tell you at this forum. You need to go to an estates attorney with all tax returns you mention and all documentation to get an...
Archived
I WANT TO DO MY OWN WILL.
Steven's answer
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Answered on August 16, 2012
This is a foolish thing to do. You do not have the required skills, knowledge or experince to draft a legal document and you will create problems...
Archived
Co-trustee on a trust wrote himself a check for 25,000, forging father's name.
Steven's answer
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Answered on August 16, 2012
We are ethically precluded from commenting when you have counsel. Get back to counsel and move on this immediately. Do not wait another day to...
Archived
Can we just throw all property away after father died with huge tax debt?
Steven's answer
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Answered on August 16, 2012
Both attorney have said it all; beneficiaries or family members are not obligated for a decedent's debt. However, you need to be sure that mom...
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