Virginia: Are the Trustee and Executor obligated to give financial accounting reports to beneficiaries? How often?
Steven's answer
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Answered on February 08, 2020
Every state has largely the same general requirements - a trustee has to provide an accounting roughly once per year if asked and always upon the...
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Can I, as my Mother's only child, live in the home while it's going through probate and can the executor displace me?
Steven's answer
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Answered on February 08, 2020
You can live in the home during the probate - you may be required to pay rent to the estate. However you say you are the only beneficiary so if...
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How is real estate valued on an inheritance tax return if a return isn't filed within 15 months after the death?
Steven's answer
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Answered on February 08, 2020
If the house was sold within the 15 months you should use the sale price. The fact that the return is late is beside the point, although there will...
Why does someone need your social security number to be in someone's will?
Steven's answer
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Answered on February 05, 2020
You don't need someone social security number to be in their will. However if she is naming you as a beneficiary of an account (Such as a...
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Is a surrogate short certificate public record that any one can get a copy of?
Steven's answer
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Answered on February 04, 2020
Not sure what a POA for an executor of a will even is. It is not, to my knowledge, legal that the executor can appoint someone in their place (as...
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If I have durable power of attorney and my mother dies will I inherit her debt?
Steven's answer
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Answered on February 04, 2020
Having power of attorney does not make you liable for someones debt. Also the debts generally need to be paid before you could inherit. It sounds...
Can I hire a lawyer to file an accounting if I'm a beneficiary of an estate and could I find a lawyer to do that one thing only?
Steven's answer
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Answered on February 04, 2020
You definitely need to hire a lawyer. There is or can be an multistep process to cite the executor to file the appropriate paperwork. Depending on...
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How do I stop my son from using my POA in ways I do not want? He is using it without consulting me in ways I do not agree with.
Steven's answer
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Answered on February 03, 2020
Go to your own lawyer and get assistance in revoking the POA. You will also have to notify your son and all institutions relying on the POA so they...
Is a no-contest provision in a will legal?
Steven's answer
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Answered on January 31, 2020
Not sure if this is specific to a will in a certain state or not but generally these provisions are valid, although they can be of limited use in...
Can i contest a pod beneficiary designation?
Steven's answer
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Answered on January 31, 2020
I agree this will be difficult but you may have a case if you have witnesses. See an experienced local probate litigator today.