Archived
What wording best describes an agreement between (ex) spouses to transfer carryover capital loss from one spouse to another?
Linda's answer
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Answered on November 21, 2019
Capital loss carryovers are deductible only by the taxpayer who sustained the loss. They cannot be transferred to another person, even your...
Archived
What what if no one knows about the will in North Carolina in South Carolina or at probate in South Carolina?
Linda's answer
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Answered on November 18, 2019
Just because a Will was drafted in North Carolina does not mean it is not valid in South Carolina. The North Carolina Will should be turned over...
Archived
Will versus deed listing
Linda's answer
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Answered on November 13, 2019
No. A recorded deed will control. When recorded, the deed immediately grants those rights to the individuals named in the deed (even if they are...
Archived
When a Guardian's Ward is an Executor of a Will - can the / does the Guardian act as the Executor
Linda's answer
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Answered on November 03, 2019
Appointments of Executors in a Will are specific to that person, so no, a guardian or power of attorney can not step in and serve as Executor on...
Archived
Why would I need to sign a bond waiver?
Linda's answer
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Answered on October 30, 2019
It is a requirement for probate. If you don’t sign the waiver, he must post bond for a minimum amount determined by the Clerk of Court. In my...
Archived
Can predeceased spouse Revoc Trust impose deadline for deceased spouse Executrix to remove pers prop on real est owned by Trust
Linda's answer
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Answered on October 23, 2019
Yes, they can do this. Honestly, they’ve been very nice to give you that much time. Your father’s right to use the house, even just to store his...
Archived
How can I prevent a debtor from taking my house I inherited?
Linda's answer
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Answered on September 27, 2019
The car loans are debts against the estate, and real estate, such as the house can be pulled into the estate and sold to pay those debts. My...
Archived
Payable on death bank account of relative with some of my money in it and account holder died?
Linda's answer
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Answered on September 18, 2019
Easiest route would probably be to file a claim against the Estate (be prepared to show your proof that the Decedent had possession of your...
Archived
What if I pass away
Linda's answer
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Answered on September 11, 2019
Simply having your bank account co-owned between yourself and your spouse and/or daughter may not be sufficient. It will depend on whether those...
Archived
Will I be able to receive my portion of my Grandmother will?
Linda's answer
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Answered on September 10, 2019
Whether or not the Will is notarized has zero effect on whether it is a valid Will. Rather, the question should be whether two witnesses signed...
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