Archived
Mother had trust & will prepared in OK, then amended in OR when she moved here. Last yr she moved back to OK. Is trust valid?
Joseph's answer
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Answered on June 22, 2013
Yes-the trust is still valid.
An attorney should review every
three years to make sure her wishes are still current and no changes need to be made.
Archived
Can a person "deed" their portion of their house if the NJ Deed is 2 individuals with "rights of survivorship?"
Joseph's answer
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Answered on June 22, 2013
Yes-she can sever the the survivorship and own 1/2 as tenant in common.
You will need an attorney to assist you.
Archived
In Virginia, if you are the beneficiary of a life insurance policy,Does this become part of the estate?
Joseph's answer
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Answered on June 22, 2013
Life insurance claims are not part of the probate estate and not subject to creditor claims.
Archived
My father-in-law passed away. He had an outstanding loan for a motor home. The bank will repossess & auction it off probably
Joseph's answer
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Answered on June 22, 2013
Only the estate would be liable for any shortfall.
Archived
23 year old wanting to receive temporary guardianship of a minor (cousin) ; What are my chances if her mom signs willingly ?
Joseph's answer
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Answered on June 22, 2013
The odds are great if the father also consents and YES getting a court order will be the best bet.
Archived
What happens to the mortgage when my father dies? I want to keep the home. Will I be able to keep it?
Joseph's answer
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Answered on June 22, 2013
Are you the only heir?
If so-and you can continue to make the payments-you should be Ok.
Archived
My husband passed without having any type of will or power of attorney. I have a check in has name I need cashed.
Joseph's answer
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Answered on June 22, 2013
We need to know the amount of the check and how much the paid funeral was.
It is very possible you could obtain the proceeds with a small estate...
Can a beneficiary to a trust,who is named as a defendant in a law suit,be held financially liable for the trustee's action's?
Joseph's answer
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Answered on June 22, 2013
It doesn't appear that you have anything to worry about.
You were probably named just in case you received funds that need to be pulled back into...
Selected as the best answer
Archived
Could I get a probate bond if I'm able to qualify for it?
Joseph's answer
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Answered on June 22, 2013
If you qualify to be the executor and are pre-selected to be the executor and can also qualify for the probate bond-you should be fine.
Archived
We have incorporated our IT business in Delaware, we are doing business in Texas, we are about to do business in California, and
Joseph's answer
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Answered on June 21, 2013
I agree with attorney Corrigan.
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