Archived
How is personnal property of deceased father settled?There are sons with issues in settling personnal property.
Wallace's answer
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Answered on September 17, 2012
The questions are two: how is personal property of a deceased "settled" and how to deal with debts apparently of the deceased person's estate. ...
Archived
The Court decreed that the conservators of my estate SHALL file a final account with the court, forthwith and restore my assets
Wallace's answer
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Answered on September 17, 2012
This is a fairly loaded question as the innuendo is clearly that the conservators may have breached fiduciary obligations. So, beyond disgorgement...
Archived
I'd like to get the power of attorney switched from my cousin to my mother for her brother and not his daughter.
Wallace's answer
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Answered on September 16, 2012
What you're really trying to accomplish should be done through a probate court to appoint an appropriate person as guardian/conservator over your...
Archived
Can I pass on a home which I purchase to my heirs and place into trust so that every future generation may live in that house ?
Wallace's answer
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Answered on September 16, 2012
I agree that a dynasty trust is what you have in mind. In Georgia, the general rule is 90 years for perpetuity measurement. The policy is that...
Can I become the conservator for my drug addicted father?
Wallace's answer
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Answered on September 16, 2012
You may ask the appropriate court to appoint a conservator over your father's financial affairs. You may ask the Court to appoint you as such...
Archived
How can I reduce the value of the assets in an LLC that I control?
Wallace's answer
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Answered on September 16, 2012
Other attorneys have already pointed out that you appear somewhat confused and have gotten some things out of order. Clearly, you need to speak...
If someone accuses you of Elder abuse to Adult Protective Services, what is their procedure for handling the matter?
Wallace's answer
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Answered on September 15, 2012
It's not necessarily "prosecuted" but whether YOU wish to prosecute a civil action for defamation if your version of the facts are true. ...
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How to protect assets from addicted spouse
Wallace's answer
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Answered on September 13, 2012
The only points I add to this discussion is to clarify that to make a solid effort to insulate your assets is to do some sophisticated estate...
Archived
If there is only one name a deed and that person is put in an assistant living or nursing home will the house be forced to sale.
Wallace's answer
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Answered on September 13, 2012
This question highlights the very reason that long-term care planning for Medicaid qualification should not be put off until a crisis occurs. In...
Archived
Can properties that my elderly father owns be tranfers into my name even though there are back taxes owed on them?
Wallace's answer
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Answered on September 13, 2012
In addition to my colleague's find response, I would urge you to get to work with the taxing authorities to structure an appropriate payout. ...
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