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Mom established a revocable living trust in Virginia and my sister is POA and the successor trustee to mom. I am MPA,
William's answer
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Answered on October 22, 2014
I agree with Attorney Farr's answer. I'd add that in these types of situations, it may make sense for your Mom to talk to your Sister and explain...
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My mother left a will. She named me as Executor. In her will, she stated that after all her bills were paid that we were to sell
William's answer
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Answered on October 01, 2014
I am too, sorry for all the loss your family has gone through. But, it is impossible to give you an accurate answer without reviewing the Will. ...
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Does a will overpower a beneficiary left on an insurance policy
William's answer
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Answered on September 26, 2014
As long as the beneficiary you named on the life insurance policy survives you, then that beneficiary will receive the proceeds from the policy...
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Mom deceased no will no executor
William's answer
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Answered on September 23, 2014
First and most importantly, do not do anything until you talk with an attorney!
If the only asset of significant value your Mom owned in her...
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Can a 'quit deed' and 'real estate affidavit' be filed together in VA?
William's answer
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Answered on September 08, 2014
It should be possible for you to record the Real Estate Affidavit / List of Heirs, which would transfer the real estate to the three of you as the...
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As the only child and executor of the state do I have to wait until the estate closes to access my inheritance?
William's answer
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Answered on September 06, 2014
First off, you are not responsible to pay your Mother's debts out of your own money. Her Estate is responsible for paying those debts. As to what...
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Will my brothers and I inherit my deceased fathers inheritance from my grandfather?
William's answer
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Answered on August 29, 2014
You state that your father "does't have a living will". That is a bit confusing. A living will, in Virginia, is usually included in what is...
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Need advice for Real Estate/Business/Protecting assets
William's answer
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Answered on August 28, 2014
Whoever you spoke to is correct, your best options are either multiple LLCs (with or without a "parent company") or a Virginia Business Trust. I'd...
Archived
My sister has POA over my mother. However, my mother refuses to listen to her about protecting her money. What can my sister do?
William's answer
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Answered on August 21, 2014
It is very important that you (or your sister) talk to an elder law attorney. The requirements that come with being named a person's power of...
I want to specifically exclude my son-in-law from any money or property in my will. Can I do so?
William's answer
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Answered on February 25, 2014
You have no legal obligation to leave an adult child or an adult child's spouse any assets when you pass away. In this situation, it seems like...
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