Archived
What steps do we take in selling property to a neighbor if we do not go through a real estate agent.
George's answer
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Answered on February 16, 2009
When you make a deal to sell or buy real estate, you want it in writing. Generally, in many states it must be in writing. The real estate contract...
Archived
What are Trusts?? What purpose do they serve???
George's answer
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Answered on February 16, 2009
Trusts are like hamburgers - there are 1000s of varieties.
Basically when another person or company holds assets belonging to another under a...
Archived
Does anyone have some advice on my real estate issue?
George's answer
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Answered on February 16, 2009
You should suggest to your parents that they see a lawyer soon. Your parents probably should file a claim against the deceased partner's estate....
Archived
If you are in a accident in a parking lot on private property in a rental vehicle are you resposible for the accident?
George's answer
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Answered on February 16, 2009
You actually have several issues in this set of facts. If you have an accident and it is your fault, you are responsible regardless of where it...
If I put my adult son as joint on my bank account, will he have to pay tax on that money when I die
George's answer
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Answered on February 16, 2009
Not inheritance tax, but possibly estate tax. There is a 3.5 million dollar federal estate tax exemption for 2009. the Maryland exemption is 1...
Archived
Hired a contracter and did his work and gave us a warranty. Now work is falling apart we call many times and doesn't called back
George's answer
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Answered on February 16, 2009
Consider making a written demand that he do it by a certain time and tell him that if he doesn't you will hire someone else to do it and file a...
Archived
How do we get escrow money returned?
George's answer
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Answered on February 16, 2009
You need to be in touch with whoever controls the escrow account where the money was to be deposited. Once in contact with that person or company,...
Archived
If i cosigned and home goes into foreclosure, can my primary home be at risk
George's answer
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Answered on February 16, 2009
If the bank does not recover enough from the foreclosure sale, they could possibly claim a deficiency judgment against you and then try to collect...
Archived
Probate laws and procedures in washington d.c.
George's answer
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Answered on February 16, 2009
Much depends upon the wording of the loan documents. This is a sufficiently technical area that I'm hesitant to suggest that you inform the loan...
Archived
Can a will be changed with out the consent of the benificiary?
George's answer
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Answered on February 16, 2009
Only the person who makes the Will can change it. Thus after someone dies, it is impossible to change a Will.
401ks typically have named...
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