Joseph Franklin Pippen Jr.'s Answers (10121)

Archived

Could an individual have had $130,000 in an Irrevocable Trust in their name and be on Medicaid in nursing home in 2007 in NYS?

Joseph's answer | Answered on May 21, 2013

Yes-because there is only a five year look-back period. The amount would not be a factor five years ago.

Archived

How do I retrieve my Will and documents from my attorney who has been disbarred?

Joseph's answer | Answered on May 21, 2013

Why not just prepare a new will? Our office charges the same for a codicil to an existing will or preparing a new will. You should also consider...

Archived

Is a home in a deceased relative's trust to be valued at current market value, or market value at the time of death?

Joseph's answer | Answered on May 21, 2013

First-5 months is not a long period of time dealing with an estate. The "incompetent" trustee could be very intelligent dealing with...

Archived

How do I set up an estate for my mother who passed away last year and had no assests?

Joseph's answer | Answered on May 21, 2013

Very sorry for your loss. The PI Law Firm should have told you they can not file a lawsuit without you being appointed as personal representative...

Archived

I'm an attorney-in-fact for my mother, she wants to give me a cash gift of $10,000. (1)How do I protect the POA & accept gift?

Joseph's answer | Answered on May 20, 2013

Having Mom make the gift herself with possible bank witnesses would be your best bet. Also statement of Doctor that verifies her competency and a...

Archived

My son is starting a new business

Joseph's answer | Answered on May 20, 2013

You could treat it as stock and take your chances on dividends or consider it a loan and take a fixed interest rate.

Archived

What Taxes are due on a POD account

Joseph's answer | Answered on May 20, 2013

I agree-no other estate taxes.

Archived

PROBATE ? HELP.. a car was auctioned after probate was filed, can i get it back???

Joseph's answer | Answered on May 20, 2013

It appears the car was taken because of lack of payments-it is very unlikely the car can be recovered.

Archived

Can my Mother avoid probate court???

Joseph's answer | Answered on May 20, 2013

I agree-it must go through probate. Any asset titled in just the deceased person's name must go through probate.

Archived

Is there a time limit to appoint an executor of an estate. Is there a time limit to claim death benefits from a company?

Joseph's answer | Answered on May 20, 2013

Very sorry for your loss. You should contact the company immediately and inquire what needs to be done concerning the account. It is possible...

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