Archived
I'm suppose to recieve the life insurance money my grandma left me, how do I look into that now I'm almost 18?
Joseph's answer
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Answered on October 23, 2012
If she does not release the money to you upon request at the age of 18-you will need to hire an attorney. She may need to obtain a court order of...
Archived
Does my unmarried uncle need a will for the house we own together?
Joseph's answer
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Answered on October 22, 2012
It should go to the three of you.
Your uncle should consider a living trust
to make the process easier upon death.
Most likely-the girlfriend...
Archived
I obtained a General POA in Jan. 2011 while my mother was aware of the doc, she was in early stage of Alzheimer's. Is this OK?
Joseph's answer
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Answered on October 22, 2012
A POA usually eliminates the need for a guardianship.
However-your sister could attempt a guardianship
"takeover" and try to prove it would be in...
Archived
Does an out of state trust need to be registered with anyone in Florida in order to do business?
Joseph's answer
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Answered on October 22, 2012
A real estate title company will often want to check the trustee powers section of the trust before completing a real estate transaction.
A bank...
A/B Trust. What happens when first spouse dies and B trust isn't funded. If the name of the trust was, e.g.
Joseph's answer
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Answered on October 22, 2012
An attorney can create a JT A/B trust that splits into two parts upon the first death and funded upon the first death or create two separate A/B...
My dad remarried after my mom died. Does his new wife have to get everything when he dies?
Joseph's answer
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Answered on October 22, 2012
Your Dad can leave whatever he wants to the new wife and you cannot prevent it-it is his decision.
As long as he is competent-he is free to do...
Archived
I'm named in a will, I don't belive some of the things the executor is telling us. How do iI protect myself ?
Joseph's answer
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Answered on October 22, 2012
I would retain an attorney to represent you.
Detail your concerns and the attorney will
write a letter demaning explanations.
You are entitled...
Archived
I am leaving all I have to my brother in my Last will and Testament.
Joseph's answer
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Answered on October 21, 2012
The PR has a duty to pay known creditors and the ad that was mentioned in previous answer "smokes"
out the unknown creditors.
Creditors can file...
Archived
Upon splitting the funds with my sister, do I incur a tax? What are the tax liabiilites for the giver and for the recipient?
Joseph's answer
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Answered on October 21, 2012
You can give your sister $125,000-file a 709 gift tax return and elect to use up $112,000 of your lifetime exemption and not pay a tax($13,000 tax...
Archived
My dad has been separated from his wife for about 8-10yrs. she's not my mother..
He has been recently diagnosed with cancer.. I
Joseph's answer
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Answered on October 21, 2012
I agree with attorney Paxton and Frederick.
Your dad needs to meet with an estate and family law attorney
ASAP.
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