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I am a widow and my husband and I made a trust before he died. Everything was to be divided between my two children.
Rebecca's answer
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Answered on January 09, 2012
I agree with the prior post as it is entirely on point. Depending on how the property is titled (and assuming you can change title), there are...
Archived
Illinois Power of Attorney, Drafted in Illinois by IL Attorney, for use in IL, but signed out of state?
Rebecca's answer
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Answered on January 06, 2012
I agree with the previous post. The only problem that you might run into is getting it property signed in the foreign jurisdiction you are in. In...
Archived
I want to operate a non profit in Florida Mysef
Rebecca's answer
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Answered on January 05, 2012
I agree with the prior posts as they are directly on point. You must also consider your purpose for establishing the nonprofit. The IRS website...
Archived
My mother was named in my grandfather's living trust. My mother has since passed, do her heirs have any legal right to the trust
Rebecca's answer
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Answered on January 04, 2012
The answer to this question depends on the terms of the trust. If the trust provided for benefits to pass to her heirs should she die, then you...
Archived
Need advice on when it is ok to provide Limited Power Of Attorney to a Real Est Co who may be negotiating a Short Sale w/Lender?
Rebecca's answer
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Answered on January 04, 2012
I don't believe there is any reason for a homeowner to grant a POA in connection with a short sale. All banks require the homeowner/lender to sign...
Archived
Quit Claim deed
Rebecca's answer
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Answered on January 03, 2012
I agree with the previous post but would also like to clarify for you that the property will still be encumbered by the lien of the mortgage. So,...
Archived
In Florida,When you are buying a home and get preapproved by your broker, why does it still take so long to get a final approval
Rebecca's answer
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Answered on December 30, 2011
I assume by "broker" that you mean "mortgage broker". Getting prequalified is the initial step in the process. This usually involves submitting...
Archived
The retention department at bank said we are in foreclosure,but I say we are not-bank did not refile civil action, are we?
Rebecca's answer
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Answered on December 30, 2011
You are correct that the Foreclosure Complaint must be refiled as well as the Lis Pendens. There will be no foreclosure sale date for sometime...
Archived
My husband and I own a home , we have
Rebecca's answer
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Answered on December 29, 2011
You can transfer the property. Your concern is whether the due on sale clause will be triggered under the mortgage, I am assuming. Normally, as...
Archived
Transfer Deed
Rebecca's answer
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Answered on December 29, 2011
If the goal is to have the two of you as tenants by the entirety (the common form of ownership for married couples), then, yes, this is what you...
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