Who notifies the financial institution and when?

The personal representative should notify the financial institution after receiving the death certificate and advise if the estate is able to make...

Substitute gifts in a residuary to the contingent issue of the beneficiary of the residuary... How's this work..? :)

Your question is too vague-for example-a contingent beneficiary doesn't receive anything unless the beneficiary had died.

What happens to a child if their adoptive parent cannot take care of them temporarily and there are no relatives able to do so?

It is the adoptive parent's responsibility to make arrangements for the care of the child which would be in the child's best interest.

Reverse Mortgage question - borrowers on the trust?

The beneficiaries of the trust must meet the qualifications of having a reverse mortgage in order to keep the reverse mortgage. For example-a...

Should I insist on "formal Court Account" on the closing of my father's estate? Pennsylvania

Insist if you do not trust the numbers. Don't insist you do not suspect wrong doing and are satisfied with the outcome. Consider the time and...

Do I establish a trust under the laws of the state I live in or under the laws of the state in which the property lies?

I would recommend you discuss your options with a PA attorney. In Florida-You could create a Land Trust-appoint an independent trustee and keep...

Gifting a car to none family member

A person can gift up to $14,000 a year which would include the market value of an automobile. The executor can not gift an auto out of an estate...

How long does it generally take to obtain Letters in an Estate Administration in Hillsboro County in this case?

Same answer for both counties-2 to 4 weeks. Sometimes an attorney can expedite cases if needed.

A gift tax return should have been filed when your parents made the gift and one would be required if you gifted it back. Medicaid could be an...

How do we get a will: lawyer, online (what is the best site) or can we just type and print out our wishes? Thank you!

Use the AVVO "Find a Lawyer" tab. Many of them have signed up to have immediate availability by phone for a consult and offer services at...