Archived
What should have a broker advised my father to do when his IRA beneficiary (spouse) is deceased? Where do we go from here!
Joseph's answer
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Answered on December 24, 2012
Sorry for your loss and circumstances.
You will need an attorney and this forum can not give you all you need
in this matter.
The spousal will...
Archived
How do you probate an estate that is less than $6000 assets and 15,000 in debt?
Joseph's answer
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Answered on December 23, 2012
I agree with attorney Middleton.
You also might be able to retitle
the auto(s) without probate or may choose
not to probate the estate if you...
Archived
If I form an LLC and I own 98% of it and 2% I give to a friend do I have to share with him 2% of profits at the end of year?
Joseph's answer
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Answered on December 23, 2012
This can be controlled by the operating and other agreements.
Archived
I am the woman that asked about the lock box being put on the door. Now they are selling the condo. the county
Joseph's answer
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Answered on December 23, 2012
A tenant has limited rights because you were probably served foreclosure papers as a tenant.
You will probably have to vacate the property soon...
Archived
My dad in 1994 where my brother was the executor. He gave my step sister property that was willed to me. Do I have any recourse?
Joseph's answer
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Answered on December 23, 2012
You have waited too long to have a valid case-sorry.
Archived
Who pays to maintain the homestead while the probate case makes its way through court? What about sales prep costs?
Joseph's answer
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Answered on December 23, 2012
If you received the "order"-then the homestead has been transferred and is now owned by all the heirs. If no other money exists in the estate-you...
Archived
When does a PR have to provide accounting to heirs of the estate? The court was provided with a preliminary, broad accounting.
Joseph's answer
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Answered on December 23, 2012
The PR must file an accounting 90 days after being appointed.
You must approve the final accounting and accept the amount you receive
before the...
Archived
I have a problem\Question with a trust fund that was set up for me
Joseph's answer
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Answered on December 23, 2012
Your dad's money should be distributed as he directed.
Withholding until you are 25 with the hope you would go to college is normal.
Can I legally give up my inheritance to either of my two sisters?
Joseph's answer
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Answered on December 23, 2012
In addition to the other answers and concerns-you can disclaim your inheritance and it will pass as if you were deceased. It you have one...
Archived
My mother died and left her house to her five children in a living trust. But she did not own the house the bank does.
Joseph's answer
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Answered on December 23, 2012
I assume your mother owned the home in a trust subject to a bank mortgage.
If the house is sold-any proceeds would go to the children if your...
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