Archived
I am just the grand daughter to an elderly man who is getting very old. he said he wanted to have everything when he passes away
Matthew's answer
|
Answered on January 24, 2013
He needs to create an estate plan or modify his current estate plan. However, he must also have the mental capacity to sign the documents. Be...
Archived
If the executrix is also an heir to 50% of estate are they due a fee? If so how much.
Matthew's answer
|
Answered on January 24, 2013
Just as Marcus commented above, the fee is determined under state law by the value of the estate and the complexity in dealing with the estate's...
Archived
Why are there no statutes regarding the time allowed to close an estate?
Matthew's answer
|
Answered on January 22, 2013
If nothing has been done in 10 years, then you need to open a probate to deal with the property. By getting the property transferred, then the one...
Archived
The estate is under 150000$ .LLC or a revocable trust better for tax purposes upon my death?
3 adults will be beneficiaries.
Matthew's answer
|
Answered on January 22, 2013
A revocable trust would be best to avoid the probate and do tax planning. The LLC would add some asset protection to the overall situation. The...
Archived
Are Non-Profit organizations held to the same employment standards as for-profit corporations?
Matthew's answer
|
Answered on January 18, 2013
Absolutely.
How can we find out if a corporation is a C corporation or and S corporation?
Matthew's answer
|
Answered on January 18, 2013
Through discovery obtain a tax return. You will be able to tell then how the corporation is taxed.
Archived
What do I have to do to hand over my power of executor to my brother?
Matthew's answer
|
Answered on January 18, 2013
The first thing you need to do is resign as the executor. The next step depends on if there is a Will and what it says. If there is a Will and it...
Archived
What is the difference an only child will receive through an intestacy and an estate/trust?
Matthew's answer
|
Answered on January 18, 2013
The answer is it depends. In an intestate estate, you will receive everything if there is no surviving spouse. Whereas, if there is a Will or a...
Archived
If your parent doesn't want to give you their bank account info now, what can you do so when they pass away you will have it?
Matthew's answer
|
Answered on January 17, 2013
So to sum up what all has been said - you do not have the right to bank account information upon a loved one's death unless 1) you are a co-owner...
Archived
Does a parent have to include you in their estate in order for you to receive their money?
Matthew's answer
|
Answered on January 17, 2013
No they do not have to include you in their estate plan. They may list you in the beneficiary designation for their life insurance, retirement...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained