What is the difference between a Clayton election and a Partial QTIP election? Also how do you make something QTIP-able?
Steven's answer
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Answered on March 23, 2015
Generally speaking the trust woudl dicate which assets are going to go to a QTIP. Many times the default is "everything" perhaps except for that...
Can one be arrested for withdrawing money from an estate account of a deceased person before final court decisions are rendered?
Steven's answer
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Answered on March 21, 2015
The lawyer does not determine who the administrator of the estate is - the court (Register of Wills) does. Either your friend is the administrator...
Archived
How long does it take to receive something from a Deceleration of trust?
Steven's answer
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Answered on March 21, 2015
How and when you receive anything is determined in part by the trust terms and in part by how the rest of the administration of the matter is...
Archived
If a close friend of one passes away , and at the time of his passing he has livestock, and pets that are owned by others.
Steven's answer
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Answered on March 21, 2015
If the person who passed did not own the property it is not in the deceased person's estate. So their estate would not be involved however I would...
Archived
Husband & wife business 50/50 .
Husband makes poor choices.
Trouble with IRS.
He answers to who?
Steven's answer
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Answered on March 20, 2015
The most likely remedy for this type of situation is innocent spouse relief. You would need legal representation to do it properly. If it is...
As heir of my mom estate am I entitled to take her bank account over if signed by my siblings? One is co-owner on it?
Steven's answer
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Answered on March 20, 2015
Are you the executor/administrator of the estate at this point or not? You would only have the power to handle her estate if you are. If your...
What happens to a person if their power of attorney dies before they could get it changed to somebody else?
Steven's answer
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Answered on March 20, 2015
Review the power of attorney closely with your own lawyer to see about a backup agent on the power of attorney. If that does not solve it you may...
Archived
Medical power of attorney. Not available
Steven's answer
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Answered on March 20, 2015
Read the terms of the document - is there a back up agent?
Archived
There is no will and only one heir. How can we just transfer the deed to his name without filing it in probate.
Steven's answer
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Answered on March 20, 2015
Check with a TN probate attorney to see if you qualify for the small estate procedure there - otherwise it would have to go through probate.
Archived
Will the irs and bill collectors take my dead mothers inheritance instead of it going to her sons?
Steven's answer
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Answered on March 20, 2015
If your mother survived your grandmother by the appropriate time period and there is nothing else stated in GM's will the inheritance vested in...