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I am planning on selling my house in Mount airy Maryland and am being asked to sign a dual agency agreement, am I at risk?
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Answered on January 12, 2015
It sounds as if your agent is using the standard form for Dual Agency that he or she probably got from the local association of realtors. I say...
Archived
Should I file an exception and request for hearing to estate personal rep's request for more than double legal compensation?
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Answered on December 17, 2014
Whether that compensation is reasonable for that size estate depends on what steps needed to be taken to administer the estate. How was this...
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What is the best way for my brother and I to hold title on a home we are purchasing?
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Answered on December 17, 2014
Given the limited facts you've provided us I assume that it is a rental (investment) property. So my comments reflect that assumption. I cannot...
Archived
Can I just put my income property on my sons name now and no do a living trust.
What would be the negative on doing that.
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Answered on December 16, 2014
I assume you are referring to adding your son to the title of investment property that you own. There are a few negatives to doing this.
One is...
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My stepdad died three years ago without a will.
Cheryl's answer
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Answered on December 16, 2014
The fact that the house had zero equity or negative equity when your stepfather died three years ago is not as important a factor in answering your...
Do I need to put my condo in an LLC to protect against renter lawsuits?
Cheryl's answer
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Answered on December 16, 2014
The answer to your question is YES--to get the greatest protection of you personal assets against lawsuits having to do with your condo, you...
What can be purchased with a Special Needs Trust
Cheryl's answer
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Answered on December 08, 2014
Mr. Farr has provided a good list that you can use as a guideline. The important point to keep in mind is that the assets in a Special Needs Trust...
Archived
3rd party trust 4 my mother earned no income. mom died. Do I need to file federal forms for small distribution to heirs?
Cheryl's answer
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Answered on November 29, 2014
I am sorry about the passing of your mother. Without reading the trust, you will not get a complete answer here on this site. Nevertheless, it...
Archived
After the courts approve the final account of the estate. Do you have to wait 20 days to distribute the heirs there checks?
Cheryl's answer
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Answered on November 25, 2014
Generally, one should wait the 20 days. After the Account is filed, if all is in order, the Court will approve the Account. That is the date on...
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Trust powers &duties were changed with an amendment. What are the duties and what powers do they have?
Cheryl's answer
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Answered on November 25, 2014
I would really like to help answer your question. However, it is impossible to give you any kind of answer without seeing the Trust document. ...