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What happens if a estate in remainder has a Equity Line, the person passes away. Can't find the remaining people to transfer.
Cheryl's answer
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Answered on June 23, 2014
You have done a lot of work to help untangle this estate. Based on what you described, it seems that your father was given, by his 2nd wife, a...
Archived
What can I do if a change of beneficiary occurred during the last week's of my mother's life
Cheryl's answer
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Answered on June 23, 2014
It sounds as if your mother has passed away and I am sorry for your loss. If she still is with us, I sympathize with the current difficult...
NationsBank was named successor Trustee on a 1993 Will, they were never Trustee on this person's Trust.
Cheryl's answer
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Answered on June 23, 2014
There is a little confusion about the PR of a Will and the Trustee of a Trust. It is not surprising because these are confusing documents. A Will...
Archived
NationsBank was named as successor Trustee Will 92240 How long does the bank have before the beneficiary can claim the Trustee?
Cheryl's answer
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Answered on June 23, 2014
There is a little confusion about the PR of a Will and the Trustee of a Trust. It is not surprising because these are confusing documents. A PR...
Archived
Our son owes MD back taxes but now lives in WV, if we die in MD can MD seize his portion of the MD estate for the taxes?
Cheryl's answer
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Answered on March 26, 2014
My colleagues are correct. Leaving your son's inheritance to him outright might (and probably would) expose the inheritance to his creditors. ...
Archived
If I have a lawyer make me an Irrevocable Special Needs Trust can I transfer assets to the Trust in my Will? (please see below)
Cheryl's answer
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Answered on March 25, 2014
My colleagues who already have responded have raised some good points. It is difficult to give you a complete answer because it is unclear why you...
Archived
Do I liquidate IRAs before transfer to the EIN Trust acct? Do Special IRS GST tax rules allow IRA taxes to be paid by estate?
Cheryl's answer
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Answered on January 17, 2014
First, let me say that I am sorry about your father's passing. I agree with the other attorneys that you really need to sit down with an Estate...
Archived
If a house is left to some one specifically named in a will is it part of the estate and can the executor sell
it ?
Cheryl's answer
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Answered on June 12, 2013
It seems that you have asked this question twice. Most of the answers you're getting are "it depends" and that is the correct answer. It depends...
Archived
Is a life insurance payout part of an estate subject to Estate Taxes in Maryland?
Cheryl's answer
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Answered on June 12, 2013
Mr. Moore and Mr. Corrigan's responses provide good insight on the Estate Tax and life insurance issues. Note that there are other taxes to...
Archived
Regarding handwritten will, Is it mandatory that the type of stocks be defined or can It just say "all stock" ??
Cheryl's answer
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Answered on June 12, 2013
The answers to your question all had to do with the provision in the Will about "all stock" vs. specific stock. The more important issue, however,...