Archived
What can I do when my grandmother did not leave a will and I her grandson have been paying all mortgages?
Ruben's answer
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Answered on June 23, 2016
Depending on the value of her assets at the time of her seat, certain administrative steps should have been taken. Her bank accounts, house and...
Archived
Does registering an LLC in Delaware really offer the asset protection that everyone claims it does?
Ruben's answer
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Answered on June 22, 2016
Delaware entities do offer great benefits. But the benefits truly depend on how your governing documents are drafted. We often draft Delaware Asset...
Archived
Would i be entitled to the profit from the sale?
Ruben's answer
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Answered on June 20, 2016
You would have to determine whether this asset is marital or non-marital property. If it was non-marital property it could nonetheless have become...
Archived
I am going to transfer my apartment to my LLC. Do I need to worry about any tax withholdings? I am a non-resident if the USA.
Ruben's answer
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Answered on June 20, 2016
You should also find out how this LLC is classified for federal tax purposes. If it is treated as a corporation the situation could require a more...
Can a chairman sign a contract?
Ruben's answer
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Answered on June 20, 2016
It depends on the structure of the company, i.e., what powers are given to the BOD, how many members are on the BOD, how big is the loan? The...
Archived
Can a condo association withhold parking decals?
Ruben's answer
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Answered on June 18, 2016
Someone will have to study the relevant condo documents in order to answer this question, i.e., declaration, bylaws, resolutions, etc.
Archived
How can my 85 year old grandmother get her home back in her name after a scam-artist loured her to sign a Quitclaim dead?
Ruben's answer
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Answered on June 18, 2016
Your relative may be able to obtain some recourse by filing certain actions through the local court system. But you should act quickly to ensure...
Can one spouce encumber Real Estate (Jointy held tenant by the entirety) without other spouces signature?
Ruben's answer
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Answered on June 18, 2016
Depending on the specifics, you may have a strong claim if the property is titled in a certain manner and if certain other specifics line up in...
Archived
Do I need a FIRPTA no withholding certificate to transfer my real estate?
Ruben's answer
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Answered on June 18, 2016
Your father is a non-resident alien and accordingly section 897 of the Internal Revenue Code (FIRPTA) is likely applicable unless an exemption...
Archived
HOW DO I PUT A HOME THAT MY MOTHER LEFT TO ME IN TO A TRUST OR LIFE ESTATE DEED
Ruben's answer
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Answered on June 18, 2016
Depending on the value of a primary residence, it may not be an asset that is considered for purposes of determining Medicaid eligibility. Since...
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