My brother did a quick claim deed on my moms house he was put as a trustee how does that affect other siblings and grandchildren
Carol's answer
|
Answered on October 18, 2013
It's really hard to say how this will affect the other siblings. Your question is not very clear. If your mother quit claimed her home to a...
Archived
Can distributions be changed in an ILIT
Carol's answer
|
Answered on October 18, 2013
Well, the key to your question is that the "I" in "ILIT" stands for "irrevocable". Now, in trust law, irrevocable is not always irrevocable, but...
Archived
This is a question about being a co owner on a house and leaving.
Carol's answer
|
Answered on October 17, 2013
DO NOT QC the home and think that will release you from the mortgage. Partition may be your only option unless you want to throw money at the...
Can a revocable trust be the beneficiary of IRAs accounts along with other assets.
Carol's answer
|
Answered on October 17, 2013
As my colleagues have mentioned, the only advantage to naming a trust as beneficiary of an IRA is if one or more of the beneficiaries are disabled...
Archived
How to approach this real estate deal?
Carol's answer
|
Answered on October 17, 2013
YOU can't. I suggest finding another property without title issues.
Archived
Do I have to sign the listing agreement for a short sale on the house my 'ex' was awarded? He says he will sue me if I don't.
Carol's answer
|
Answered on October 17, 2013
My suspicion is that you are also on the mortgage for the house your ex is trying to short sell. If that is correct, then the short sale will do...
Archived
My dad passed and left no will. We live in pinellas county florida
Carol's answer
|
Answered on October 17, 2013
Since it already sounds like you have gone through probate, your probate attorney will be able to answer that question for you. If there is a valid...
Archived
Can the survive spouse live "rent free on a homestead"?
Carol's answer
|
Answered on October 16, 2013
Yes, you may live there. Yes, you do not HAVE to pay the mortgage because it is not in your name. However, the lenders security interest in the...
Archived
Can you get relief from a realtor if they did not fulfill their duty to you while buying a home & now you have a defective house
Carol's answer
|
Answered on October 16, 2013
Hmmm. Yours is a tricky one. Yes, if the RE agent was acting under single agency, then they owe you extended duties that are not present for a...
Archived
Father passed away waiting to go to court.
Carol's answer
|
Answered on October 15, 2013
Hire a probate attorney immediately and open probate. Then, make sure to ask them for an accounting of everything that they sold and put the money...