Archived
Would buying my primary residence using a land trust protect me from any future irs liens attaching to the property?
Joseph's answer
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Answered on January 02, 2013
No-the IRS can invade almost any trust to collect a debt as to your ownership interest.
Archived
How do yesterdays estate tax law changes effect someone with less than 5 million $...no longer need estate planning???
Joseph's answer
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Answered on January 02, 2013
Taxes are not the only issue.
Also of concern-avoiding probate, guardianship and devising the best plan of distribution of your estate.
You might...
Archived
What can I do with an elderly mans belongings when he is hospitalized after a fall and needs assisted living & apt is in my name
Joseph's answer
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Answered on January 02, 2013
Very sorry. Your only chance might be to try to start a guardianship.
If the Department of Children and Family are involved-they will interview...
Archived
When is a Last WILL and Testament not legal in courts tx
Joseph's answer
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Answered on January 02, 2013
The last will is what you have to use.
Verbal changes are not valid.
Very sorry for your loss.
Archived
Brother died...he had a child but lost his privlege long time ago....what do i need to do..for his estate...he only has a truck
Joseph's answer
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Answered on January 02, 2013
Not sure about "lost his privilege"-was child adopted?
Also not sure about disability payments-if these had vested-they would be collectable.
You...
Can an Ex-wife Be the Beneficiary on Her Ex-husband's Will
Joseph's answer
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Answered on January 01, 2013
If you assume that your words "he never changed it" means the will was written before the divorce-the answer would be NO unless some other factors...
Archived
WHAT legal grounds would my ex-spouse have to bypass needing my signature on a trust to access the funds?
Joseph's answer
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Answered on January 01, 2013
Why would you and you ex have a joint trust?
The document needs to be reviewed and your attorney
needs to advise you on how to proceed.
If your...
Archived
Are there ways to change a irrevocable trust if one of the people on that document has left years later and not in contact?
Joseph's answer
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Answered on January 01, 2013
I would guess that the Irrevocable trust does not contain assets and never will have assets.
So-no need to worry about the document.
Archived
Does my mom qualify for Medicaid to help her pay for long term care to be provided at home?
Joseph's answer
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Answered on January 01, 2013
A medicaid attorney can reallocate the funds -protect the assets-and qualify her for medicaid.
Make an appointment so the money does not have to...
Do I have to open an account with Edward Jones in order to receive my share of an irrevocable trust established by my parents?
Joseph's answer
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Answered on January 01, 2013
No-that would be an unusual requirement.
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