Archived
I recently received a letter in the mail from my great grandmothers will. I was to get a ring she left me and never did.
Andrew's answer
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Answered on November 12, 2012
If you are receiving a waiver now, then it sounds like the executor is getting a late start on probating the estate. Contact an attorney in your...
Archived
If person don't show up for their court date what will happen they have a hearing for not paying their share of bills .
Andrew's answer
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Answered on November 12, 2012
Is this a result of a settlement in a civil case or a criminal restitution? Maybe a divorce settlement? They can be found in contempt of court or...
Archived
Is it a good idea for asset protection to make a living trust the only member of an LLC?
Andrew's answer
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Answered on November 12, 2012
The two scenarios you present are the same: "include the LLC as an asset of the trust" means that the trustee will be the member/owner of the LLC....
Archived
I have a relative that was charged with 2913.02 (a)(1) f-5 theft of elderly section 2313.71. We are asking for prison time..
Andrew's answer
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Answered on November 12, 2012
A fifth degree felony is punishable by 6-12 months in jail and a $2,500 fine.
Archived
I just bought a house from the bank that has tenants. I plan on living in the house. I gave them 90 days notice to vacate and
Andrew's answer
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Answered on November 12, 2012
If there is a written lease, that will define the rights and duties of the landlord and tenants. You have to abide by the lease just as the...
Archived
I received an heirloom previously held for decades in mother's revocable life trust. Is that item or sale proceeds taxable?
Andrew's answer
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Answered on November 12, 2012
I assume your mother passed away? Generally, If she was the only beneficiary during her lifetime and the asset was included in her taxable estate,...
Archived
In Michigan, is a Payable on death bank account considered an asset for medicaid elegibility?
Andrew's answer
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Answered on November 12, 2012
Yes, because it is available to the person applying for Medicaid. If the money in the account is given away, it will create an ineligibility...
Archived
Lease for Rental has been violated by tenants and I plan to keep deposit. Tenant paid 450 instead of 850. Tenant changed notice
Andrew's answer
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Answered on November 12, 2012
Are the utilities in your name? I don't believe that it is possible for them to change it unilaterally. Have they been paying rent? Have they...
Archived
My Father passed away on AUG19,12 he has a will and left his daughter wich is me as the executor of his estate.
Andrew's answer
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Answered on November 12, 2012
A will naming you as executor alone does not give you the power to handle your father's bank accounts. You must be appointed executor by the...
Archived
How can I protect my parents' trust from the 2013 expiring estate tax?
Andrew's answer
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Answered on November 09, 2012
Don't get too nervous yet, the lifetime estate tax exemption will be on the table when Obama and Boehner get together next Friday. I don't expect...
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