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Lawrence Jay Davis's Answers (532)

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Archived

How do I get a bank to investigate a real estate business that has been committing fraud on short sale negotiations?

Lawrence's answer | Answered on March 07, 2014

If you are able to document the fraud you should contact the governmental agencies you mention, FNMA and FHLMC. They have investigators that will...

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The condo unitis owned by a cooperation or by more than one person? in which way the cooperation can select one member to be

Lawrence's answer | Answered on March 06, 2014

Seems like the question is who represents the owner of a condominium when the unit is owned by an entity or multiple owners. The answer for the...

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Can I do Disposition Without Administration? My wife recently passed, and all she has is medical bills, homestead, and a car?

Lawrence's answer | Answered on March 06, 2014

You should find a local attorney that is experienced in probate who can answer your questions after reviewing the relevant documents. Shortening...

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What happens when the sole beneficiary (who was also the sole trustee) of a land trust dies?

Lawrence's answer | Answered on March 06, 2014

Once an experienced probate attorney reviews the Trust and Will you will better understand the steps to be taken regarding the title to the...

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Does an estate have to go through probate if all assets are designated as either a TOD, POD, or joint ownership?

Lawrence's answer | Answered on March 06, 2014

File the Will and a certified copy of the death certificate with the Probate Clerk in Walton County. Meet with the person who prepared the...

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Following up on my finances question....concerning disclosure of liens violations and code issues..

Lawrence's answer | Answered on March 06, 2014

While additional information is needed, it appears as though you have been led down a thorny path with a blindfold on. Immediately meet with an...

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My name is on my grandmothers bank accounts, joint accounts, will I have to pay inheritance taxes on the contents after she dies

Lawrence's answer | Answered on March 04, 2014

Depending on the total amount of money in the accounts, it is unlikely you will have any inheritance tax implications. Consult with a C.P.A....

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When is the issue of "gifting" completed?

Lawrence's answer | Answered on March 04, 2014

For a gift to be valid you generally need three (3) things- 1) intent to make a gift, 2) delivery of the gifted item, and 3) acceptance of that...

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Automobile personal property trust

Lawrence's answer | Answered on March 04, 2014

If you purchase the maximum amount of auto liability insurance together with a substantial umbrella liability policy you should accomplish your...

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Land trust vs corporation? Purchasing in cash one condo need the best asset protection & public records privacy?

Lawrence's answer | Answered on March 03, 2014

If you are buying this as your primary residence, you should also consider taking title individually. Since it would be your homestead, you would...