Archived
In Walton Co. Fl., does buying the deed from owner before foreclosure make me liable for outstanding mortgage?
David's answer
|
Answered on August 13, 2013
You should obtain title Insurance. The title company will check out the issues and let you know what the risks are and what they are unwilling to...
Archived
Laws for asset distribution in Florida
David's answer
|
Answered on August 13, 2013
Generally when a parent dies and is not married, their assets which are not jointly owned by another person or that do not have beneficiary...
Archived
Help with determining what my mother can do with property of her deceased husband. She's now remarried.
David's answer
|
Answered on August 12, 2013
It depend on how the home was owned originally. It sounds like it was owned jointly and if so, your mother would be the owners. If it is still the...
Is it true that bad things happen when a trustee does not obey the trust deed?
David's answer
|
Answered on August 03, 2013
I am not sure what you mean by "trust deed". I am assuming you mean the trust document. That being said, a trustee is generally obligated to...
Archived
Approximate cost of creating a living trust, funding it with real estate property valued at $650.000 with a $230.000 mortgage.
David's answer
|
Answered on July 23, 2013
Each lawyer may have their own fees and costs but here is how our fees run.
Living Trusts generally run $750 - $1500 depending on their...
What Is The Process For Setting Up A Qualified Income Trust? Does It Need To Be Done Through A Lawyer?
David's answer
|
Answered on July 23, 2013
No it does not have to be done by an attorney, but they are put through alot of scrutiny if they are not. This can cause delays. It is important...
Do I have to keep on updating the address on a living trust each time i move?
David's answer
|
Answered on July 21, 2013
No you do not, but it will not hurt. If you change states, you should have your trust reviewed by a lawyer in the new state.
Archived
Life Estate.
David's answer
|
Answered on July 19, 2013
Sure, but doing so may cause tax issues including doc stamps that would be due with such a transfer. You should talk with a lawyer about your...
Archived
Shouldn't all surviving children be included in the final estate distribution when both parents die & there no will?
David's answer
|
Answered on July 18, 2013
In Florida, the children of your father would receive all assets subject to probate. If assets has survivorship provisions then those would not be...
Archived
Where can I find information on florida trust laws pertaining to taxation
David's answer
|
Answered on July 16, 2013
Post death tax issues are much more complicated than taxing issues during life. There needs to be a tax return done until the date of death, an...