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When parents pass away and property is willed to surviving 3 children. Is the amount counted as earned income under a certain a
John's answer
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Answered on February 11, 2014
When a person dies it is the estate that pays taxes if the taxable estate exceeds certain amounts, which differ from a Federal and State...
Archived
Found stock certificates gifted before my aunt past the estate was closed 12yrs ago how can i transfer the stock to my name?
John's answer
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Answered on February 11, 2014
You will need to reopen the probate estate for the limited purpose of transferring these certificates. Your sister's share will become part of her...
Archived
What will a power of attorney allow me to do?
John's answer
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Answered on February 11, 2014
Mr. Malicoat is correct. While Tennessee has a Durable Power of Attorney statute, the terms of the document itself will control. If your parents...
Can a POA remove assets from our mother's estate and keep the assets at his house? Does he legally have to keep an inventory?
John's answer
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Answered on February 11, 2014
In Tennessee an agent under a POA has a duty to use the POA only for the benefit of the principal. The agent can be required to present an...
Can a girlfriend be the next of kin if a person has living adult children?
John's answer
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Answered on February 06, 2014
I am unaware of any state that would recognize a girlfriend as next of kin. As to whether you have any legal recourse, it is unlikely. If she in...
Archived
Do we need a fl will to be notorized AND have a letter of affidavit?
John's answer
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Answered on February 06, 2014
Each state has specific requirements for what qualifies as a valid Will. Also, each state has specific requirements under what circumstances the...
Archived
Who does the land belong to? And what ratio?
John's answer
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Answered on February 06, 2014
Ms. Evans is spot on with her answer. You need to speak with a good elder law or probate attorney to help you figure out what your options are....
Archived
We brought a house & cars together while we we're married can him or leave that to his kids or wife?
John's answer
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Answered on February 06, 2014
While your question is not totally coherent, here are some basic principles that I think touch on what may be concerning you:
IF you have a...
Archived
If my mothers estate is in probate how do I get the petition to reflect the true value ?
John's answer
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Answered on February 04, 2014
You need to find a good local elder law or probate attorney. There are a lot of moving parts to this situation, and trying to wing this on your...
Archived
Can my father dissolve a will and power of attorney created with my mother after she dies?
John's answer
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Answered on February 04, 2014
I agree with Mr. Miller. The POA your mother gave you will end immediately upon her death. As to your father, he cannot revoke a POA that your...
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