I have questions regarding drawing up a Lady Bird Deed naming my two sons as beneficiaries. I am the single owner.
Nicholas's answer
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Answered on March 21, 2014
I very frequently deal with ladybird deeds and transferring property as a part of my practice, and because of that I STRONGLY recommend that you do...
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How to execute and record the deed to put my mortgage-free house in the name of my revocable living trust?
Nicholas's answer
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Answered on March 21, 2014
Generally speaking, this can be done by deeding the home to the Trustee of the trust as Trustee, not to him or her individually. Investments can...
Archived
What form is used to reopen my aunts estate with probate amt approx 34,000.00
Nicholas's answer
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Answered on March 21, 2014
I recommend you use a local probate attorney to re-open the estate so that you'll be able to claim these funds. Re-opening estates can be tricky,...
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How can I protect my mother's finance . My mother is a 75 year old Widow and she keeps giving my sister her money .
Nicholas's answer
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Answered on March 11, 2014
As long as your mother is mentally competent to make financial decisions, she has the right to spend her money how she chooses, including regularly...
Archived
What forms or process do I need to handle an Insurance check made out to the estate of:
Nicholas's answer
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Answered on March 07, 2014
If the check was made out to your mother's estate, you might need to open up a probate estate for your mother in order to distribute this money to...
Archived
I'm named executor, but not a beneficiary in my uncle estate.
Nicholas's answer
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Answered on March 06, 2014
As far as beneficiaries of an estate go, an executor's main job is to make sure the deceased's assets are distributed to the beneficiaries...
Archived
I want to set up a trust... how much will this cost and do I need an attorney?
Nicholas's answer
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Answered on March 05, 2014
Fees for trusts vary depending on a person's family situation and the assets involved. Fees also tend to vary based on the geographical area...
Archived
Do I need my husbands permission to obtain power of attorney over his affairs?
Nicholas's answer
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Answered on March 05, 2014
A person must voluntarily give a Power of Attorney to someone else. If your husband is not physically or mentally able to do this, then you won't...
Archived
Joint bank account. Later Power of Attorney, but not given to bank. Is there still liability as fiduciary for bank account?
Nicholas's answer
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Answered on March 04, 2014
As the other attorneys here said, because you are joint owner on the account, that money is legally just as much yours as it is regardless of any...
Does mother-in-law power of attorney override wife's decision about husband health and finances?
Nicholas's answer
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Answered on March 04, 2014
As one of the attorneys above mentioned, there are two kinds of Power of Attorney: the financial kind and the health care kind. The health care...
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