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My father passed away recently and left a bank account with me as POD almost $50,000. Do I pay taxes on this and the effects?
Carol's answer
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Answered on April 18, 2016
The POD made the money yours as soon as your father passed. You cannot disclaim it - Medicaid has a five-year look-back and they won't take kindly...
Archived
Can I get what's mine? After my Father passed
Carol's answer
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Answered on April 18, 2016
While I agree with all my colleagues - that you should hire an attorney, you also may be in for a surprise; life insurance policies pass to the...
Archived
Can they force me to sign a lease? In Palm Beach County you have to register the lease with the county.
Carol's answer
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Answered on April 17, 2016
Most likely the answer to whether or not they can "force" you to sign a lease with your nephew is "no," but it really depends on the rules and...
Archived
PR only notifies beneficiaries??
Carol's answer
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Answered on April 17, 2016
In Florida, ALL heirs and potential heirs MUST be notified. Why? Well, if there is a will contest, and the will is ruled invalid, then it will be...
Archived
What can I do to get my inheritance
Carol's answer
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Answered on April 13, 2016
First off, a will cannot be contested until and unless the testator has died. Has your aunt passed? If not, you can't force someone to leave you...
Archived
Do I need inside the house or outside the house or both? The actual land as well?
Carol's answer
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Answered on April 13, 2016
You need to get a "bankruptcy appraisal" - I know, that sounds obvious, but it differs from, say, a property purchase appraisal in that the...
Archived
Can she quick deed the house to me without penalty to either her or myself?
Carol's answer
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Answered on April 12, 2016
If your mother is receiving means-tested government benefits (i.e., Medicaid), then she CANNOT give away an asset (her home) of value. Medicaid...
Archived
What do I do
Carol's answer
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Answered on April 12, 2016
Well, first off, his will only comes into play when he passes, so his "lifetime rights" have to have been established elsewhere. If you own the...
Archived
Is she correct in her belief?
Carol's answer
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Answered on April 07, 2016
Partially. She can sell or give her interest to you, but you will not get more of an interest than she currently has. As said by my colleagues,...
Archived
WHEN DID THE LAW CHANGE REQUIRING SPECIFIC DEED LANGUAGE REGARDING JOINT TENANCIES?
Carol's answer
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Answered on April 07, 2016
While I am not certain that it is "required" in Florida, it certainly IS required in other states, such as South Carolina. It really matters if...