Archived
Question about asset protection in a trust. Are things like IRA, Annuity and Life Insurance subject to debt collection?
Ruth's answer
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Answered on October 01, 2014
If an IRA, annuity or life insurance names a beneficiary rather than a trust, they are exempt from creditors in Florida. But, if the trust is a...
Archived
Money from ex-husband's attorney's trust
Ruth's answer
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Answered on October 01, 2014
If you are certain that he has money that is owed to you and he is refusing to send you your portion, contact the Wisconsin State Bar to report this.
Archived
Louisiana: Father died. He appt friend as executor. Executor disbursed funds to only some siblings. Excluded others. Legal?
Ruth's answer
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Answered on September 30, 2014
Please retain an estate attorney to assist you. You may not have been included in your father's will. Parents can disinherit a child or children....
Archived
LLC address help
Ruth's answer
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Answered on September 29, 2014
You file address changes in the same place you filed the articles for the LLC - probably with the corporation division of the State of NC. See...
Archived
Is the capital account in an LLC in my husband's name an "asset" to be divided?
Ruth's answer
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Answered on September 29, 2014
The operating agreement should spell out what happens when a divorce occurs. I doubt if the account can be divided - it could be calculated in...
Archived
I was in a hospital against my will, do I have to pay the bill?
Ruth's answer
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Answered on September 29, 2014
It's legal - you need to pay the bills.
Archived
Pension Buyout, Comingling Assets?
Ruth's answer
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Answered on September 29, 2014
Many people have more than one IRA. You could roll over the pension into a new IRA. But, before you do this, please check with your accountant on...
Archived
I am from KS. My step son has very bad credit and is not responsible. If my husband co signs on a truck for him am I liable ?
Ruth's answer
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Answered on September 29, 2014
If your husband co signs - he is responsible; you are not. But, obviously it will affect your credit. This sounds like a bad situation.
Archived
My wife was wrongfully fired from her job and her employer refuses to pay her for her accumulated vacation time.
Ruth's answer
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Answered on September 29, 2014
Please consult a business attorney. Did your wife receive an authorization for the vacation day in advance of taking the day? What is in the...
Archived
In the past few months, a few friends have been asking me for small loans. Can I legally accept personal items as collateral?
Ruth's answer
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Answered on September 29, 2014
You need promissory notes for loans of any size. You must charge at least the AFR - applicable federal rate, but could charge more. It depends on...
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